Sep 11, 2019
KeyStone’s Your Stock Our Take Quorum Information Technologies Inc. (QIS:TSX-V), Star Ballard Power Systems Inc. (BLDP:TSX), and Dog of the Week Shopify Inc. (SHOP:TSX)
This week in our Your Stock, Our Take segment we take a look at Quorum Information Technologies Inc. (QIS:TSX-V), a provider of dealership and customer management software and value-added services to the automotive industry. The company has performed in 2019, but pulled back slightly as of late. A listener asks us our take on the stock. Our Star of the Week is Ballard Power Systems Inc. (BLDP:TSX), which designs, develops, manufactures, sells, and services fuel cell products for a variety of applications, focusing on motive power (material handling and buses) and stationary power (back-up power, supplemental power, and distributed generation). The stock is up 10% in the past week, 20% over the last 3 months, and 104% year to date. Finally, our Dog of the Week is, Shopify Inc. (SHOP:TSX), Canada’s largest tech company by market capitalization. Shopify provides an online commerce platform for small to medium sized businesses. To be clear, the stock has been a star for much of its history, but shares are 12% in the last week and 15% from its all-time high in August. Is the drop an opportunity or a sign of things to come? We discuss.