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Stop ignoring Canadian tech stocks, Gordon Pape says

If you’re just looking at the Amazons and Teslas of the world, you are doing yourself a disservice.

So says Globe and Mail columnist Gordon Pape. Pape, who is the publisher of Internet Wealth Builder and Income Investor, in a Globe and Mail article February 20 said four Canadian techs should be on everyone’s radar.

“They’ve got Amazon, Alphabet, Apple, Nvidia, Microsoft, and Meta,” Pape wrote. “We’ve got Shopify, Celestica, Constellation Software, and Descartes Systems. Guess what? We’re winning! Well, perhaps that’s a bit of an overstatement. But our tech Davids are doing better than their tech Goliaths so far in 2025.”

The investor says four Canadian techs should be on everyone’s radar; Celestica (Celestica Stock Quote, Chart, News, Analysts, Financials TSX:CLS), Shopify (Shopify Stock Quote, Chart, News, Analysts, Financials TSX:SHOP), Descartes Systems (Descartes Systems Stock Quote, Chart, News, Analysts, Financials TSX:DSG), and Constellation Software (Constellation Software Stock Quote, Chart, News, Analysts, Financials TSX:CSU).

Pape, who first recommended CSU at $38.46 says the stock, which hot an all-time high over $200 recently has become a “roller-coaster stock” and recommends no new purchases of it until the potential effect of U.S. tariffs is determined.

Another stock with a massive return for Pape has been Shopify, which he first recommended at $2.83 and continues to recommend even thought the stock sits north of $170.

Tariffs are also on the table for Descartes, which Pape first recommended in 2017 at $37.83. For that reason he now recommends holding the stock, which at press time was trading at $159.56.

It’s not that often one buys a stock that is priced near $5000, but Pape recommends you buy Constellation Software, which he first tipped his followers to at $3732.08 a year ago. His advice, he admits, come despite a “staggeringly high” p/e of 125.

Tara Whittet

Tara Whittet is Senior Sales Manager at Cantech Letter.

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