Topic: How To Invest

The Successful Investor Hotline – Friday, October 8, 2021

Article Excerpt

CGI INC., $109.32, Toronto symbol GIB.A, is your #1 Aggressive Buy for 2021. The stock lets investors tap Canada’s largest provider of computer outsourcing services. It helps its clients automate certain routine functions like accounting and buying supplies. That makes companies more efficient and lets them focus on their main businesses. The company’s strong reputation continues to help it secure new contracts. For example, the U.S. Defense Intelligence Agency has awarded CGI a new contract to improve the agency’s data-processing functions. That mainly involves creating a transition database that will eventually allow the DIA to shift to a new system. This one-year deal is worth $100 million U.S. To put that in context, the company’s annual revenue is $12.1 billion (Canadian). The DIA also has options to extend the contract by up to four more years. CGI is your #1 Aggressive Buy for 2021. CGI recent coverage: October 2021 issue Hotline for September 3, 2021 IGM FINANCIAL INC., $45.24, Toronto symbol IGM, remains a buy. The company…