He generally plays it with more international stocks. There are improvements coming and this one will be a beneficiary of them. It should appreciate over time.

Resource money moving into non-resource stocks is making them over inflated in value.

If you are making money on it, take a little bit of profit off it. Resource money flowing into non-resource is overinflating it. It’s a very competitive business.

He likes the industry. They are in a great position to supply India now as a quarantine has been lifted. If the commodity repaired itself, then all of these stocks would come back. This stock will lift up if money flows back into it.

A "Steady Eddie". It is not really cheap. If you own it, look for an opportunity to take profits if you get nervous about the market cycle.

He has not bought it because he worries about the disrupters in the business. Cars will be Internet connected and it may not be this technology.

It is a new position. He is staying in the tech space because the money flows in (from the commodity sector) are good. They have a fabulous balance sheet. It has room to grow at 10%. The PE is very low so the stock is not expensive. They have so much cash on the balance sheet they could go out and buy someone in a heartbeat.