In a Sea of Red, a Canadian Supply-Chain Stock Comes Out on Top
- Kinaxis makes software that manages tracking for big companies
- Stock still in the green for this year with 12 buys, no sells
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A company that makes software to track supply chains is the best performing stock in a rout that’s lopped almost 30% off Canada’s S&P/TSX Composite index.
Ottawa-based Kinaxis Inc. provides supply-chain-management software -- crucial amid the havoc caused by the coronavirus pandemic on global shipments. Its customers include companies such as Ford Motor Co., and Unilever NV.