ClickSoftware Technologies (CKSW) - The Technology Gem of Givat Shmuel, Isreal
As investors scramble to make sense of the short term terrors that pester the markets (GMâ€™s $39 billion write off, E-Trades bankruptcy scares, Blackstones quartly loss and two major financial houses giving the boot to their CEOâ€™s all in a weeks span), I was busy looking for opportunities with a touch of international flavor.
ClickSoftware Technologies (CKSW:NASDAQ, SECTOR: Technology, INDUSTRY: Software & Programming), based out of Givat Shmuel, Isreal (founded in 1979), describes themselves as a provider of mobile workforce management and service optimization solutions. The company’s products are used by customers in the telecommunications, utilities, financial services, aerospace, defense, semi-conductor, and home service industries. The Company;s Service Optimization suite includes workforce planning, optimized service scheduling, intelligent problem resolution, mobile workforce management, and business analytics, connecting various organizational levels. The Company’s Service Optimization solutions suite includes ClickSchedule, ClickAnalyze, ClickPlan, ClickForecast, ClickFix, ClickMobile and ClickLocate.
It markets and sells its products through direct sales force located in North America, Europe, and the Asia Pacific region, as well as through reseller agreements with partners. With over 50% of CKSWâ€™s business coming from overseas, this was the international exposure I was looking for. Now for a quick technical and fundamental breakdown of the stock and why it goes higher from here.