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CGI

Buy CGI stocks

CGI (GIB) Stocks

ABOUT CGI

CGI Inc. is a Canadian global information technology (IT) consulting, systems integration, outsourcing, and solutions company. It offers business consulting, system integration, IT outsourcing, application, business process, and infrastructure services to health care, life science, insurance, manufacturing, oil and gas, and communication sectors worldwide.

The company’s headquarters are in Montreal, Quebec, and it has a primary listing on the Toronto Stock Exchange and a secondary listing on the New York Stock Exchange. It was founded in 1976 in Quebec City by Serge Godin.

It was first known as CGI Group Inc. and changed its name to CGI Inc. in 2019.

OVERVIEW OF CGI

  • CGI Inc. has about 77 500 full time employees and, through its subsidiaries, provides information technology (IT) and business process services in Canada, Northern Europe, France, the United States, the United Kingdom, Europe, and the Asia Pacific.

  • These services include the management of IT and business outsourcing, systems integration and consulting, and software solutions sales.

  • The company develops, manages and tests applications and manages portfolios. It serves clients operating in government, financial services, health, utility, communication, oil and gas, manufacturing, retail and consumer service, transportation, and post and logistics sectors.

VISION AND VALUES OF CGI

  • CGI Inc. is passionate about the communities in which they work and takes the skills required to be a leading IT services company and put them to work to make a positive difference. One of the company’s strategic goals is for communities to recognise them as a caring and responsible corporate citizen, and corporate social responsibility counts high among its values.

  • In collaboration with clients and through the expertise of its consultants they strive to be a global leader that encourages and educates more young people to be technically literate. This is to benefit the well-being of communities and support environmental sustainability.

  • CGI Inc. adheres to its value chain to ensure the organisation reaches its goals set to meet the current and future needs of customers and maximises returns, income growth and capital appreciation for shareholders who purchase shares with them.

MARKET PERFORMANCE OF CGI

  • CGI Inc.’s shares are traded on the Toronto Stock Exchange (TSX) under the stock symbol GIB listed in the Technology, Software and IT sector.

  • Highlights of the company’s performance in 2019 financial reports include Q4-F2019 revenue of US Dollar 2.96 billion, up 5.7% or 7.7% in constant currency; adjusted EBIT of US Dollar 457.5 million, or 15.5% of revenue; net earnings of US Dollar 324.1 million, or 11.0% of revenue; net earnings excluding specific items of US Dollar 329.5 million, or 11.1% of revenue; diluted EPS of US Dollar 1.19, up 15.5%; and diluted EPS excluding specific items of US Dollar 1.21, up 11.0%;

  • Cash provided by operating activities was US Dollar 405.2 million or 13.7% of revenue; and bookings was US Dollar 3.4 billion, or 115% of revenue.

  • Due to CGI Inc.’s continued performance on this market shareholders can buy or sell shares with confidence and expect sound dividends and returns in 2019 and further.

Buy CGI stocks / shares – A Step by Step Guide how to Buy / Purchase CGI Stocks or Shares online.

Before buying any stock or share one has to consider a few factors.

STEP 1: PROPER RESEARCH IS ESSENTIAL

Upon deciding you want to buy CGI Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.

Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.

STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN CGI STOCKS / SHARES

It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 500.

STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE

Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.

STEP 4: OPEN A BROKERAGE ACCOUNT

A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.

STEP 5: COMMIT AND PURCHASE CGI STOCKS / SHARES

Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out.  Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of CGI stocks / shares.

5 Questions to ask yourself before purchasing any stocks or shares.

  1. Is it the best time to buy this stock / share?
  2. Should I buy CGI stocks / shares in the current economic climate?
  3. Can I afford to buy this stock / share?
  4. What is the forecast of the stock / share growth?
  5. What is the current price per earning ration on the stock / share?

 

Author Details

Louis Schoeman

Louis Schoeman

Featured Forex and Stocks writer

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