WATCH
It is a niche software company which caters to the auto industry which has supply chain issues. Need to see better operating results.
Consumer Products
COMMENT
It is a large private equity firm and it is hard to understand all the moving parts. It has a good management team which has generated some fantastic returns over the years.
mngmnt / diversified
WATCH
It just started trading in the last month. It is a software driven wide area network which allows servers in different geographic areas to connect with each other. This is a technology that is in demand. Impressed so far and one to watch,
0
Unspecified
It is the former Leaf Mobile. A fantastic business with impressive accomplishments. It has two parts: first a mobile game developer with some hit games; secondly it has built a technology to build their own games faster and cheaper. It is now licensing these out, providing great revenue growth.
0
TOP PICK
A specialty, alternative lender with a solid first quarter. It recently made a 40 million investment in Canada Drives which will really help their auto lending business. Also they have received a huge increase in their credit line - from 900 million to 1.5 billion. It is now fully funded trough 2025. Growing at 20% or more and is at 6X next year's earnings. Buy 8, Hold 1, Sell 1 (Analysts’ price target is $203.00)
Financial Services
TOP PICK
It is in the IT services industry focused on mid market customers in North America and Europe. It is growing very quickly so he is puzzled why the stock is so low. It has delivered on its acquisition plans and has provided solid organic growth. We should see more acquisitions and an increase in credit facilities and maybe even a dividend or buyback of shares with its free cash flow. It is growing 2 times as fast as its peers but trading at half the valuation. Buy 10, Hold 2, Sell 0 (Analysts’ price target is $11.73)
Technology
TOP PICK
This is another alternative lender which has been transformed over the past two years with a new CEO who has done well diversifying its product offering as well as its funding sources. It is growing very quickly and has bought an auto lending as well as an investment manager business. It is trading at 5X earnings with a 4% dividend. It is small and not well known but will be more noticed over the next few quarters and years. Buy 2, Hold 1, Sell 0 (Analysts’ price target is $19.00)
merchandising / lodging