Topic: Growth Stocks

Stock Pickers Digest Hotline – Friday, June 26, 2015

Article Excerpt

CALIAN TECHNOLOGIES LTD., $18.54, symbol CTY on Toronto, has won a $10-million contract with the City of Toronto to provide a software system for managing city employees’ hours. Calian will deliver this project over an 18-month period. To put the deal in context, the company reported revenue of $61.0 million in the three months ended March 31, 2015, up 19.3% from $51.2 million a year earlier. Earnings fell 6.6%, to $2.21 million, or $0.30 a share, from $2.36 million, or $0.32. That was mostly because Calian added workers to fulfill new contracts. This latest deal will add to the company’s revenue and demonstrates its ongoing ability to win recurring orders from all levels of government. Calian Technologies is still a buy. Calian Technologies was recently covered in the May 2015 issue of Stock Pickers Digest. Click here to access it. Calian Technologies was recently covered in the Stock Pickers Digest Hotline for April 2, 2015. Click here to access it. GOODYEAR TIRE & RUBBER, $31.39,…