Trend Micro
Trend Micro is a highly profitable, value-priced cybersecurity compounder successfully executing a platform transition while generously rewarding shareholders.
Topic
software
A collection of 5 issues
Zoom Communications
Zoom represents a compelling Value/Growth at a Reasonable Price (GARP) opportunity. It provides investors exposure to practical AI application deployment with significant downside protection afforded by its massive cash reserves and buyback activity.
Roper Technologies
Roper is a defensive, high-margin serial acquirer that offers the stability of an industrial blue-chip with the superior unit economics of a vertical software portfolio, currently trading at a valuation that demands consistent organic acceleration and disciplined capital deployment.
Wolters Kluwer
Wolters Kluwer is a high-quality, defensive growth equity that offers inflation-protected recurring cash flows and proven capital allocation discipline, currently trading at a rational valuation relative to its peer group given its superior resilience and consistent compounding profile.
Daily Journal Corporation
Daily Journal (DJCO) is a rapidly growing GovTech specialist. Conservative accounting masks its true profitability, while a $500 million portfolio minimizes risk. A misunderstood compounder trading well below the value of its software assets.