Game-Changing Tech Stocks: SolarWinds (SWI)
SolarWinds (SWI) has a presence in both virtualization and security, and offers solid profit potential over the next several months thanks to dedicated customers and a growth rate that is already outpacing the overall industry. It is an enterprise software company that sells its products to organizations of all shapes and sizes all over the world, including many Fortune 500 companies.
Its main goal is to help other businesses cut costs and operate more efficiently. SWI does so through good products that cost less than many of its competitors, providing strong value that has resulted in a big and loyal customer base.
The company has built its niche in providing software that helps IT professionals manage all aspects of their firms’ technology – from networks to servers – through its Orion Network Performance Monitor, SWI’s flagship product. The software can also monitor, troubleshoot and repair remotely.
One particularly attractive aspect of the company is that it is a real recession and post-recession success story. It continued to grow through the worst of times, increasing revenues from roughly $60 million before the Great Recession to a run rate of about $300 million today. The company has followed a “buy and build” mentality, which means it has grown both organically and inorganically at double-digit rates thanks to its own product development and strategic profitable acquisitions – a trend that looks set to continue.