Computer Modelling Group
CMG.TO (TSX)
Computer Modelling Group (CMG) is a Calgary-based company specializing in AI-driven reservoir simulation software for the oil and gas sector. With a projected doubling of free cash flow by 2030 and an annual recurring revenue on the rise, CMG presents a compelling case for growth despite recent challenges, including a -50.44% return over the past year. Analysts maintain a consensus rating of "Moderate Buy," indicating confidence in CMG's long-term potential.
Pros:
- AI-powered reservoir simulation software
- Rising annual recurring revenue
Cons:
- Negative 1-year return
- Recent price drop
Computer Modelling Group (CMG.TO) may be suitable for investors who are looking for long-term growth opportunities in the technology sector, particularly within the oil and gas industry, and who can tolerate short-term volatility given its recent performance. With a moderate buy consensus and a focus on increasing free cash flow, CMG could appeal to those willing to invest in a company with a promising future despite its current challenges.