Kinaxis Inc (KXS.TO)

He bought it last January. They were making decent profits. The revenue growth rate is only in the mid-teens. He thinks the stock will go sideways for a while.

It's alwasy been an expensive stock. He doesn't like Canadian tech stocks, but this is an amazing company. They're involved in supply chain management. Their software bolts onto existing companies well. This is a winning story and he likes it.

One of the leaders in the enterprise software market. They lost a big client in mid-2017. A good company. (Analysts’ price target is $93.92)

You need to give it a multi-year view. It is not cheap. It solves a complex problem for their customers. It takes a multi-year trial of their software. They have done a really good job of growing at a pace that has allowed them to be profitable. They have met or exceeded his two to three year expectations every year that he has owned it.

He has looked at this company many times. It creates supply chain management software and is very richly valued. There’s a lot of organic growth. The stock has corrected a few times and those offered good buy points.

It is a top tech growth company in Canada. They are still adding customers, some big. They are growing the top line 25% and growing the margins.

Has owned this on and off over the past couple of years. It's a high growth company, and yet he feels they are still just scratching the surface. Probably have about 100 clients, and there are probably 2000 fairly big companies out there, that they could go on. Once it is signed on, a client tends to get bigger. This company will probably get acquired at some point in time. (Analysts' price target is $89.)

A software company that has built a better mouse trap in logistics. Their software is gaining a lot of customers and they are able to grow revenues for their customers. This is a perfect time. Over the long-term, they are in the right space. One of the higher growth companies on the TSX. As long as you understand there will be higher volatility over a 3-year timeframe, he thinks this is going to do well.

A software supply chain management company. The stock went from about $90 to about $60 after they lost a customer this year. Investors thought the game was over. One customer came around and they had a good quarter. Business is really, really quite strong now. He likes that they are seating the global market. They get a customer that buys 50 or 60 seats for employees, likes the solution and then comes back and buys more and more. These are multinational corporations with the potential for giant, giant orders as they expand. The company is sitting on $150 million in cash. It's not cheap, but is one of the companies where you have great growth and a great balance sheet with a great management team. (Analysts' price target is $87.50.)

Just lost a big customer in the far east, and the market got really concerned, but it really looks like it was a head fake. Their recent earnings growth is still there and they’re partnering with new customers who can help sell their products. This and Shopify (SHOP-T) are your 2 larger cap growth tech companies out there. Now that Shopify is seeing some issues, some attention may be turning back to this company. A volatile name, but if you can look out past a year, this company is going to do well for shareholders. (Analysts’ price target is $87.50.)

He likes it a lot. They are disrupting the supply chain industry. They are well managed and there is a lot of insider ownership. He does not think the current issue with a customer will impact the company.

This has taken a big tumble. A couple of months ago they announced the loss of a big client. This is the problem with high risk stocks. When you buy a very high valuation company that really has only one major product line, it can correct very severely because of something happening. The stock needs to be much lower before it would be attractive to him.

It continues to do fairly well. Last quarter they had a hiccup in that their growth slowed down a little. In the last quarter they talked about a large contract that went cold on them. Everyone thought that was Samsung (SMSN-LSE). He has not seen much visibility around that. He would like to see that acceleration again in their numbers. Longer term this company has tremendous growth opportunities. They will probably be taken out by one of their competitors.

Sold this in late June. The issue is that they did an earnings report in August, and everybody was disappointed and they lowered their guidance. The main culprit is the loss of a very good Asian client. It wasn’t anything the company was doing, but that the Asian client wasn’t paying their bills. They have more and more partners penetrating more and more markets and, as a result had to pay out more in commissions. It will end up shooting out a better share price. However, the negative is that expectations are extremely high. He would like to get back into this at some time.

Provides a very specialized ERP system that tends to be focused on warehouses. If you have a complex distribution system, this company will come in if you can’t get it to work through SAP (SAP-N) or Oracle (ORCL-N). The stock traded off in the last quarter, largely because of issues with Samsung. The street is not sure if this is a one-off with regards to Samsung, because they wouldn’t discount to the extent that Samsung wanted. It has been a very high growth story in the past, and has been trading at lofty multiples. When you hit a hiccup and you have a high multiple, you get a big correction in the share price.