1 Magnificent Canadian Stock Down 65% to Buy as AI Takes Off

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The world of artificial intelligence (AI) is a big deal. Sometimes, though, companies in these growing areas don’t get the love from the stock market. Dye & Durham (TSX:DND) is one of those companies. Even though the stock price has taken a tumble over the last year, what it does with online software for legal and business folks could really take off as more services go digital. Therefore, it’s in a good spot for the future, making now a great time to invest. Let’s get more into why.

The drop

As of writing, the AI stock is around $8. That’s quite a drop from its high of $22.59 in the last year of about 65%! This drop shows that investors have been a bit worried about how the company’s been doing and where it’s headed. In its report for the first three months of its 2025 fiscal year, Dye & Durham said their revenue was $119.93 million. That was a tiny bit less than what analysts were expecting at $120.3 million. The AI…

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