Tag: VRSK

Stick With Quality Companies

Stick With Quality Companies

Where is the market support coming from? Lipper data (below) shows net fund outflows for Equity funds. Therefore perhaps a sector rotation into Technology funds is providing support for Technology names. We have yet to find fundamental data that would support a bullish near-to-intermediate-term outlook for Technology names, with the exception being the leading streaming … Continue reading Stick With Quality Companies

CEORater Mock Portfolio

CEORater Mock Portfolio

Update on our "Buy & Hold" mock portfolio. This is an experiment we started last year where we buy quality names into the portfolio and essentially only sell when there is a change in executive management (CEO leaves). Microsoft (tkr: MSFT) is probably the world's most durable company and SS&C Technologies (tkr: SSNC) is one … Continue reading CEORater Mock Portfolio

Enterprise Software 2020 Outlook

Enterprise Software 2020 Outlook

More Market Uncertainty Is Coming. However, Don't Paint with A Broad Brush. Align Yourself with Market Leaders. We expect Enterprise Software companies to provide conservative outlooks for the 2020 calendar year. We do not expect Enterprise Software companies to completely yank their respective 2020 outlooks as have other Technology companies. We anticipate negative investor sentiment … Continue reading Enterprise Software 2020 Outlook

Industries Best-Positioned To Go Mobile Post COVID

Industries Best-Positioned To Go Mobile Post COVID

We list a handful of industries that may accelerate their mobile workforce and remote capability efforts in the COVID aftermath. ASSET MANAGEMENT: We believe the big opportunity here is for virtual meetings whether they be one-on-one meetings between investors and management teams or full analyst days. Basic video communication and live streaming services are offered … Continue reading Industries Best-Positioned To Go Mobile Post COVID

The Return of Actively-Managed Funds

The Return of Actively-Managed Funds

This is a stock picker's market. The table seems to be set for a return to active management. It seems the equity markets have traded in synchronicity over the past number of weeks during the COVID outbreak. There has been little differentiation between individual Technology stocks on the way down and on up days. This … Continue reading The Return of Actively-Managed Funds

Battle-Tested Software CEOs

Battle-Tested Software CEOs

We created a list of Software CEOs that operate durable businesses and that successfully led their companies through the 2008 downturn (the closest comp to COVID-19). CEO profiles from our CEORater database. Andy Florance. Founder & CEO of CoStar Group (tkr: CSGP).Bill Stone. Founder & CEO of SS&C Technologies (tkr: SSNC).Henry Fernandez. Founder & CEO … Continue reading Battle-Tested Software CEOs

History Repeats Itself and Often Rhymes

History Repeats Itself and Often Rhymes

We have seen this movie before. The economy is slowing. This Coronavirus-led slowdown feels much like 2003's SARS outbreak exacerbated by the social media echo chamber. When entering an economic slowdown investors would be wise to understand the level of exposure that portfolio holdings have to discretionary revenue. In Software & Services land this primarily … Continue reading History Repeats Itself and Often Rhymes

Facebook Is Using AI to Turn 2D Photos into 3D Images

Facebook Is Using AI to Turn 2D Photos into 3D Images

Facebook is using AI to turn 2D photos into 3D photos. Fun for consumers. The question is to what degree can Facebook's convolutional neural net-powered technology be used to disrupt legacy geospatial/GIS offerings from companies such as Verisk (tkr: VRSK), ESRI (private), Trimble (tkr: TRMB), Garmin (tkr: GRMN), Pitney Bowes (tkr: PBI) and many others? … Continue reading Facebook Is Using AI to Turn 2D Photos into 3D Images

With Turmoil Comes Opportunity

With Turmoil Comes Opportunity

The Coronavirus has wreaked havoc on the markets. Valuations have come in across the board making things interesting. Here is a screen from our CEORater database. Click HERE for our summary valuation table. Apple (tkr: AAPL), Facebook (tkr: FB) and SS&C Technologies (tkr: SSNC) each trade below 20x EV/LTM Operating Cash Flow. Click any table … Continue reading With Turmoil Comes Opportunity