This company provides global data integration software and services, and is benefiting from the surge in Big Data applications.
Informatica (INFA)
from The Coolcat Technology Plus Report
Informatica (INFA) provides data integration software to help companies leverage their information assets. The stock broke out of an eight-month base at just below 40 in September and has edged higher since.
Analysts expect earnings to jump 143% in the next year to $1.77 per share. The company has produced 36 straight profitable quarters and, outside of a couple of quarters in 2012, has notched year-over-year revenue gains every quarter for the past decade. Sales rose 18% last year and the stock tacked on 37% in 2013 after falling 31% in the two prior years. CEO Sohaib Abbasi says the company is seeing increasing customer demand and is well-positioned for sustained growth.
Buy 200 Informatica (INFA), limit 40.75; if order is hit, establish sell stop of 35.99.
Kevin Kennedy, The Coolcat Technology Plus Report, www.coolcatreport.com, 559-875-0613, March 2, 2014