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| By Michael A. Robinson |
Let’s start today’s investing chat with one of my favorite fundamentals.
See, I believe great tech-investing ideas are all around us in our everyday lives.
It’s our job to dig below the surface and make money off of opportunities that pass right by less savvy investors.
And that’s where my recent trip to visit my adult daughters comes into play.
It helped turn me on to a niche leader that has more than doubled the returns of iPhone King Apple (AAPL) and cloud leader Microsoft (MSFT) — even before the recent dive Big Tech took.
For background, my daughters are roommates in San Diego, California. Besides an address, the two share quite a bit in common.
For starters, they both have undergrad degrees in finance with honors, as well as master’s degrees in project management from the University of Southern California.
Furthermore, they’re also whizzes with spreadsheets. (They get that from their mother.)
So, it makes sense that they were both able to secure good jobs at real-estate-related firms where managing projects — specifically, making sure they come in on time and on budget — is vital.
The thing is, my daughters can’t do it alone. Managing projects is a massive task. And it’s one of the big reasons companies are constantly trying to improve this role’s efficiency and accuracy …
And not just companies in real estate, but in nearly every sector — from manufacturing to logistics to oil and gas production.
The thing is, there’s a leader in project management software that not only has a firm hold on this $10 billion market, but also recently decided to branch out to other multibillion-dollar endeavors.
Today, I’ll tell you about this company and reveal why now is a great time to invest in it.
The Need for Project Management
The advantages to project management seem so obvious, they can easily be overlooked.
Better communication, increased productivity, minimized costs — these are just some of the benefits that can be realized when taking the time to manage projects.
Of course, time isn’t always available, especially in abundance. Which is why more and more companies rely on software to assist with project management.
Consider that the Project Management Institute says 65% of companies use some form of project management software.
And in this specialized and lucrative niche, one company really stands out …
A Clear Leader
That company is monday.com (MNDY).
Monday started out as a maker of project-management software. And indeed, that’s still the company’s bread and butter.
Today, it has 225,000 customers spanning across 200 industries:
And as I noted earlier, the stock has left many Big Tech players in the dust of late. That’s because monday.com makes must-have products and has become such a go-to resource for so many customers …
What makes this company so intriguing is that its software offers a number of key benefits.
First, it’s easy to use. We’re talking about low-code or no-code platforms. So, the learning curve is minimal.
Second, customers can easily adapt to the software and customize it in a way that best fits their needs.
On top of all that, its software includes ready-made templates.
For example, need to manage a team project? There’s a template for that.
How about a way for a company’s Human Resources team to track hiring? There’s a template for that, too.
Meanwhile, the firm is making savvy use of AI.
This enables the technology to automate creative requests, assign tasks to marketers and generate summaries so team members quickly understand deliverables.
Benefits like these are why this company became a leader in project management software …
And why it’s expanding faster than ever.
More Than Just Managing Projects
Sure, at heart, monday.com is known largely as a provider of project management tools.
But as it seeks to expand its sales and profits, the company has ventured into new offerings. In a way, it’s become a platform company rather than a niche software player.
You see, along with project management, monday.com offers tools and software for departments like customer relationships, automation, operations, human resources and marketing.
With operations, for example, monday provides software to track and manage an entire business … and to complete tasks like monitor costs for supplies and fill out tickets for tech-related issues.
Meanwhile, for marketing purposes, monday enables users to manage events and assets, track campaigns and create content calendars. And of course, the company’s AI is there to help streamline these tasks.
It seems monday is all about growth. And that’s true when it comes to its bottom line, too …
A Quintessential Growth Company
Over the last three years, Monday’s sales have grown an average of 62% annually. At that rate, they’re doubling about every 15 months.
This soaring growth has started to show on the company’s bottom line. In the most recent quarter, per-share profits jumped a stunning 336%.
At just 10% of that rate, we’d see earnings double in a little more than two years …
And remember, when earnings jump, stock prices often do, too. In fact, since the stock bottomed out last Oct. 26, it has gained more than 67%, a figure that includes the recent selloff.
By contrast, Apple is up 18% and Microsoft is up 22.8% over the same period while Amazon.com (AMZN) is up 37.2%.
I view the recent tech retreat as a positive for this disruptive player because we can pick up shares at a discount to its long-term trajectory.
Add it all up, and you can see why monday.com has a long runway of great growth and profits for investors, which will help build up your portfolio for years to come.
Best,
Michael A. Robinson
P.S. I love it when I find a small, niche company that is able to take on giants like Microsoft and Apple. Monday.com has done that.
So, when I heard what my friend Chris Graebe found, I was instantly intrigued. He has a company that could destroy Elon Musk’s space empire. I can’t think of many larger ones to take on.
He’s sharing the full scoop in just a few days. You’ll want to grab your VIP ticket here.
