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Bullboard - Stock Discussion Forum Converge Technology Solutions Corp T.CTS

Alternate Symbol(s):  CTSDF

Technology Information Technology Services
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... see more

TSX:CTS - Post Discussion

Converge Technology Solutions Corp > Greg Newman -BNN - BUY
View:
Post by Possibleidiot01 on May 30, 2023 4:05am

Greg Newman -BNN - BUY

BUY

Converge Technology Solutions(CTS-T)

29/05/2023
Converge Technology Solutions
 

 Things soured a bit because the strategic review didn't see enough bids. However it is at a good valuation now at 8 X 2024 earnings and the growth rate looks much higher going forward. Its first quarter was pretty good, it has a substantial stock buy-back program and its balance sheet is OK. It is shifting from M&A to organic growth. It sets up well for the next 3 to 5 years and he would buy it in a non-registered account.

Technology
 
N/A
Unknown whether he owns
Comment by growthnprosper on May 30, 2023 11:30am
I agree.stocl buybacks will drive EPS way up. This is a great stock to buy at these prices.
Converge Technology Solutions Corp
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