Topic: How To Invest

The Successful Investor Hotline – Friday, July 16, 2021

Article Excerpt

CGI INC., $114.65, 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. The U.S. Library of Congress has selected CGI to help manage its financial systems and improve its decision-making process. This five-year deal is worth $150 million U.S. To put that in context, the company’s annual revenue is $12.1 billion (Canadian). The stock hit a new all-time high of $116.07 this week. Even so, it trades at a reasonable 21.1 times the $5.43 a share it will probably earn in the fiscal year ending September 30, 2021. CGI is your #1 Aggressive Buy for 2021. CGI recent coverage: July 2021 issue Hotline for June 4, 2021 GREAT-WEST LIFECO INC., $36.93, Toronto symbol GWO, is a hold. The…

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