Sean Mason, SmallCapPower.com | Dec 21, 2017 12:45AM ET
SmallCapPower | December 20, 2017: Today, we have discovered four top performers amongst TSX tech stocks, which lead their peers in terms of revenue growth. The stocks on our list have returned 57% on average during 2017, driven primarily by their proprietary software solutions.
Kinaxis Inc (TO:KXS) – $75.21
Software
Kinaxis provides cloud-based subscription software for supply chain operations. The Company’s RapidResponse software connects data, processes and users onto a single platform, to give a consolidated view of a client’s entire supply chain. As a result, the software allows users to monitor progress in real time, improving operational performance.
Baylin Technologies Inc (TO:BYL) – $2.65
Communications and Networking
Baylin Technologies manufactures antennas for telecom customers in a handful of jurisdictions. The Company’s products are used for cell towers, mobile devices and home networking devices. Baylin has over 1,000 employees worldwide, including ~100 engineers that work at its three production facilities in Korea, China and Vietnam.
Avigilon Corp (TO:AVO) – $20.83
Communications and Networking
Aviglion designs and manufactures video surveillance products to a variety of industries. The Company’s products include video analytics, network video management software, along with surveillance hardware (cameras). Aviglion’s customers include school campuses, transportation systems, healthcare centers, prisons financial institutions, casinos and government offices.
TECSYS Inc. (TO:TCS) – $16.75
Software
Tecsys provides an array of enterprise-wide Supply Chain Management solutions to clients in various industry sectors, ranging from service parts to general high-volume wholesale. The Company’s main focus lies within the healthcare market. Tecsys plans to capture further market share in the healthcare industry by leveraging its unique SCM platform, which was designed specifically for the healthcare sector.
Disclosure: Neither the author nor any of the principals at SmallCapPower, or their family members, own units in any of the companies mentioned above.
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