TOP IDEAS: Noble Iron Inc.’s (TSXV: NIR) Software-as-a-Service (SaaS) business for the equipment rental industry has a growing recurring revenue base and profit visibility.

Shares are up 185% in value and EcoSynthetix (TSX: ECO) may still be the most undiscovered green stock in North America.

TOP IDEAS: With the stock up 700%, Gatekeeper Systems’ (TSXV: GSI) Artificial Intelligence (AI) and video analytics solutions for vehicle and mobile applications could scale recurring revenues.

TOP IDEAS: Recent trends indicate that Destiny Media Technologies (TSXV: DSY) is capitalizing on its product and business development investments for its B2B music promotion SaaS platform. Revenues and profits will soon reflect this.

TOP IDEAS: Novra Technologies Inc. (TSXV: NVI) is set to emerge stronger from a tough year in 2020 due to COVID as its sales pipelines rebuild and new products launch in 2021. Investofile reiterates its target to accumulate the shares up to a price of C$0.30.

NEW COVERAGE - TOP IDEAS: Noble Iron Inc. (TSXV: NIR) presents an early investment opportunity in a microcap stock with a growing recurring revenue base derived from the sales of its cloud-based software solutions for the equipment rental industry.

TOP IDEAS: Caldwell Partners International’s (TSX: CWL) merger with IQTalent Partners and its proprietary talent search automation platform marks a transformational shift. A re-rating of the Company’s stock value, 165% higher, is warranted. Investorfile Top Pick 2021.

Average of high-point returns for Investorfile’s Top Ideas jumps to 368% to end 2020

A four-time consecutive stock pick, Sangoma Technologies (TSXV: STC), joins Avante Logixx (TSXV: XX) and Caldwell Partners International (TSX: CWL) as small cap stocks that have the potential for oversized returns in 2021.

TOP IDEAS: With the Company demonstrating consistent performance, Avante Logixx’s (TSXV: XX) stock valuation is trending upward to reflect its $90 million plus revenue base.