Sunday, July 2, 2017


For position trades for a long time frame I like these two tech companies. One is a recent IPO SGH. They are a large tech company in Brasil. Good fundamentals and cheap growth. Something not easy to find in tech. GSB is a much smaller company. Their market cap is around 100 mil. The have a trailing PE multiple of 27. That might seem high but earnings are expected to grow 25% to .29 per share giving it a forward PE of around 18 at current prices. That is definitely growth at a reasonable price. My favorite thing about GSB is that they pay a dividend. The current yield is 1%. The chart is a bullish five year breakout.

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