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Converge Technology Solutions Corp T.CTS

Alternate Symbol(s):  CTSDF

Converge Technology Solutions Corp. is a services-led, software-enabled, information technology (IT) and cloud solutions provider. Its global approach delivers advanced analytics, artificial intelligence (AI), application modernization, cloud platforms, cybersecurity, digital infrastructure, and digital workplace offerings to clients across various industries. It supports these solutions with advisory, implementation, and managed services across all IT vendors in the marketplace. Its segments include Converge Hybrid IT Solutions (Converge), and Portage Software-as-a-Solution (SaaS) Solutions. Converge is focused on delivering advanced analytics, application modernization, cloud, cybersecurity, digital infrastructure, digital workplace, and managed services offerings and provision of hardware and software products and solutions to clients across various industries and organizations. SaaS is focused on digital transactions between individuals, businesses, and government organizations.


TSX:CTS - Post by User

Post by Digger0144on Mar 10, 2024 11:13am
274 Views
Post# 35925156

Charting Very Well...Backed Up By Technicals...

Charting Very Well...Backed Up By Technicals...The stock has broken above its 52 week high...backed up with significant volume...very nice indeed!

The recent momentum should continue as the stock is undergoing a rerate.

I believe the high flyers in the tech sector namely the "magnificient seven" will begin to give back some of their gains...the money flow should continue to the mid to small caps in the sector.  Converge will benefit from that rotation.

The fact that Converge is involved somewhat in the hot AI sector there is no telling where we may end up riding on the AI coattails.  Exciting...to be sure!

I will post a link to Stockcharts.com...lovely "picture'!



CTS.TO | SharpCharts | StockCharts.com


All the Best!
Digger0144


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