11 Cheap Canadian Stocks to Buy Now

Page 2 of 10

9. CGI Inc. (NYSE:GIB)

Forward P/E Ratio as of July 22: 15.31

Number of Hedge Fund Holders: 22

Average Upside Potential as of July 22: 25.44%

CGI Inc. (NYSE:GIB) is one of the cheap Canadian stocks to buy now. On July 8, CGI announced the launch of an upgraded financial and administrative system for the City of Rockville, Maryland. The initiative involved transitioning Rockville’s existing systems to the cloud-based CGI Advantage enterprise resource planning/ERP platform.

The transition is part of an ongoing partnership between the City of Rockville and CGI. Future phases will introduce additional enhancements, such as vendor self-service and open enrollment.

The upgraded CGI Advantage solution features a faster and more intuitive interface designed to improve the user experience for both remote and in-office employees. CGI Advantage is a unified ERP platform that combines modern technology with solutions specifically designed for government entities.

CGI Inc. (NYSE:GIB) provides IT and business process services, which broadly include business & strategic IT consulting, systems integration, and software solutions.

Page 2 of 10