Agreed on B2B. Keep an eye on CNQR for the next few weeks, too. It's going to take awhile to overcome the bad karma of its shortfall, and there are serious questions about its ability to penetrate B2B as effectively as it's entered the travel & entertainment and HR segments, but the stock is dramatically undervalued relative to ARBA, CMRC.
For starters on DD, just consider this client list:
concur.com
What I like are all of the logistics-intensive companies I see on the list (DELL, FDX, T, MRK, C, etc.); they're the firms that really know how to build efficiencies into their operations, and they're depending on CNQR to help them do that.
A sector I like even more for the upcoming year is the non-PC Internet device market. PHCM has already exploded, but a number of companies with huge potential are out there. I personally like SPYG a great deal, although it, like CNQR, carries a huge psychological weight. (It's expected to be solidly profitable, starting with earnings to be announced October 20.) I'm beginning to accumulate a position in SPYG and some other undervalued players in this space (e.g., WIND). A benchmark event in this space will be NOK's commercial release of its first WAP-enabled phone, expected in about a month. |
