The Absolute Best Canadian Stocks to Buy and Hold Forever in a TFSA [Yahoo! Finance Canada]
Open Text Corporation - Common Shares (OTEX)
Last open text corporation - common shares earnings: 4/30 04:01 pm
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US:NASDAQ Investor Relations:
investors.opentext.com/investor-relations
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Source: Yahoo! Finance Canada
When building a long-term Tax-Free Savings Account (TFSA) portfolio, focusing on tech, transportation, and consumer staples can be a powerful strategy. These sectors offer a mix of growth, resilience and income potential, making them well-suited for tax-free growth over time. Let's dive into these industries with examples of TSX -listed stocks and their recent performances. Tech sector The tech industry is a growth engine, and Canadian companies are making significant strides. Shopify TSX:SHOP ) remains a standout, even after navigating a tumultuous couple of years. Shopify recently reported third-quarter 2024 earnings with revenue growing 22% year-over-year, reaching $1.9 billion, beating estimates. Its profitability metrics also showed improvement as it focuses on cutting costs and optimizing operations. For TFSA investors, Shopify's long-term potential lies in its e-commerce dominance and continued innovation in areas like artificial intelligence (AI)-driven shopping tools.
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OTEX
News
- Spotline Unveils ECMConnect for Workday™: A Revolutionary Solution Leveraging OpenText™ Extended ECM™ to Transform Employee Records Management and Compliance [Yahoo! Finance]Yahoo! Finance
- Open Text Co. (NASDAQ: OTEX) was upgraded by analysts at StockNews.com from a "buy" rating to a "strong-buy" rating.MarketBeat
- Open Text Co. (NASDAQ: OTEX) is now covered by analysts at UBS Group AG. They set a "neutral" rating and a $32.00 price target on the stock.MarketBeat
- Alteryx Appoints Nali Giliana as Chief of Staff and Strategy [Yahoo! Finance]Yahoo! Finance
- Planet DDS Appoints Two New VPs to Enhance Customer Experience, Reinforcing Its Role as a Trusted Partner in Growth [Yahoo! Finance]Yahoo! Finance
OTEX
Earnings
- 10/31/24 - Beat
OTEX
Sec Filings
- 11/26/24 - Form 8-K
- 11/12/24 - Form SCHEDULE
- 11/5/24 - Form 144
- OTEX's page on the SEC website