Average total current returns grew by 47% in 2019. Several stocks hit all-time highs, driving the average for the high-point return for all of Investorfile’s Top Ideas to 318% since inception.

Sangoma Technologies (TSXV: STC), a three-peat Top Pick performer, Questor Technology (TSXV: QST) and Quorum Information Technologies (TSXV: QIS) join Avante Logixx (TSXV: XX) as small cap stocks that have the potential for good returns next year.

TOP IDEAS: Caldwell Partners International (TSX: CWL) has posted another record year with revenues of C$72 million, and the stock price still needs to catch up.

TOP IDEAS: Intrinsyc Technologies sees revenue growth from a wave of orders for its Artificial Intelligence (AI) computing modules that power next-generation, high-tech products.

A low stock price to sales ratio in conjunction with EBITDA momentum identify Sangoma Technologies (TSXV: STC) and AirIQ (TSXV: IQ) as great stock buys.

TOP IDEAS: As a much bigger company, Avante Logixx Inc. (TSXV: XX) shares present value as operating leverage gains traction on its C$45 million revenue base.

TOP IDEAS: Entry into the transit markets has lead to growth in sales and profits for Gatekeeper Systems Inc. (TSXV: GSI), a provider of high-definition video surveillance systems and security solutions for mobile applications.

TOP IDEAS: AirIQ Inc. (TSXV: IQ) recurring revenues and profits are poised to grow due to the multitude of orders received for the Company’s electronic control module that provides real-time engine diagnostics for a major US rental operator of vehicles.

Questor Technology (TSXV: QST) and Sangoma Technologies (TSXV: STC) are small cap value investment Top Ideas that continue to perform well in 2019.

TOP IDEAS: First quarter results unveil the full financial contribution from Quorum Information Technologies’ (TSXV: QIS) latest acquisitions. Stock is up 295%.