How To Play It: Mobility
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A robust logistics software platform is at the heart of every modern mobility business, whether one is transporting people or cargo. Nobody does that better than Descartes Systems Group (DSGX).
Founded in 1981, the $1.8 billion Canadian company makes cloud-based software used by 10,000 customers in 160 countries--including 1,600 ground carriers, 90 airlines, 30 ocean carriers and 900 freight forwarders. From American Airlines to UPS, companies depend on Descartes products to schedule, track and route their goods, as well as meet regulatory compliance.
Sales reached a record $203.8 million and cash flow reached $72.6 million in fiscal 2017. While ride-sharing companies tend to be persistent money drains, software makers like Descartes are growing annuity businesses. The stock is up 17% in 2017 and 195% over the past five years. Bottom line: Bet on the logistics software maker, not the transporters they serve.
data by YCharts
