One of his favorites. Volatility is common with this one. They are a vertical market software company, having very specific software for niche customers. This makes it very hard to compete against them. The contracts tend to be higher margin as well. The concern people have is that now they are as big as they are, can they keep the runway going? He thinks so.

Over the long term they will do okay. He is just not a fan of airlines in general. He would wait on this one before getting in. He would be okay with it, but not to his tastes.

Q4 results positive? He really likes this logistics software company. They get large international contracts and they have been successful at growing the opportunity when they do so. It is volatile, but there is good revenue and sales growth. All looks good. The valuation is high, but the growth rate supports it.

A frustrating name. They have a great management team. For a couple of years, he has been waiting for the execution of a big deal that finally came about. The market is selling it down and he is not really sure why. He thinks investors are just selling it off with the uncertainty in the market currently. It trades at 0.7 times book value. He still thinks things are fine.

He likes software and he likes their POS business. They have access capital now by being public, which is helping their business. They are targeting restaurants and retail businesses and it is growing fast and with high margins (70%). They are not profitable yet so you have to be patient.

Holding this will not hurt your portfolio. They have a 4.5% yield. It is getting hurt with the fear of slowdown in China. In the short term, no fireworks.

In the construction space his favorite is WSP Global. SOX is similar and he thinks they may be a value trap as there is some concerns about the dividend, the strength of the balance sheet and their ties to the energy sector.