1 of the Best Canadian AI Stocks (With Dividends) to Buy Now [Yahoo! Finance Canada]
Open Text Corporation - Common Shares (OTEX)
Last open text corporation - common shares earnings: 4/30 04:01 pm
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US:NASDAQ Investor Relations:
investors.opentext.com/investor-relations
Company Research
Source: Yahoo! Finance Canada
Artificial intelligence (AI) has emerged as one of the most exciting and disruptive technologies in the last few years, and that seems to be on the path to revolutionizing various industries and sectors. Besides the growing popularity of large language models like OpenAI's GPT and Google's Gemini, AI technology broadly has many applications and use cases. AI and machine learning could be used for optimizing processes, enhancing customer experiences, and generating insights from massive amounts of data. This is one of the key reasons why AI could become a huge market opportunity for companies that can leverage it effectively. According to a report by Precedence Research, Canada's AI market size was valued at US$43.7 billion in 2022 and is expected to grow at a compound annual growth rate of roughly 19% over the next decade. A top Canadian AI stock to buy now One of the Canadian companies that has been investing heavily in AI technology is OpenText TSX:OTEX ), which is best known
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OTEX
News
- Can Rising Cloud And AI Capabilities Lift OTEX Out Of Its Slump? [Forbes]Forbes
- Welcome to the Wild West of Canadian tech stocks [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- The most oversold and overbought stocks on the TSX [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Open Text Co. (NASDAQ: OTEX) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- OpenText Completes $2 Billion Debt Reduction [Yahoo! Finance]Yahoo! Finance
OTEX
Earnings
- 5/2/24 - Beat
OTEX
Sec Filings
- 5/15/24 - Form 8-K
- 5/8/24 - Form 8-K
- 5/2/24 - Form 10-Q
- OTEX's page on the SEC website