Avery Schumer
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Avery Schumer in Sector Report,

Software Picks For '16

Steve Koenig of Wedbush said that his high-growth software index continues to outperform other software issues. So, as a group, trading multiples for the high-growth software stocks have remained below the 8 to 10x forward EV/revenue level and the current 7.5x multiple is just above the 6.5x trough multiple seen in the spring of 2014.

Software sector is not actually my cup of tea but looks like Qlik Technologies Inc and PTC Inc could be near-term picks and Proofpoint Inc could be a long-term pick.