Livewire has acquired Market Index, the country’s leader in free stock market data.
Find out why.

The upside in Altium

Roger Montgomery

Montgomery Investment Management

It’s always difficult to gauge near-term results – at Montgomery, we typically take a much longer term view. We do however expect a strong result in the coming weeks from Altium Limited (ASX: ALU). Altium develops software that allows engineers to design Plastic Circuit Boards that run all the electronics we use today. Its flagship software product (Altium Designer) has been a strong performer, taking market share from more established players in a growing industry. Altium has grown its market share while raising the price of its product by 30 per cent. What’s more, its customers are switching to subscription programs, which makes longer term earnings more sustainable. When you couple this growth with a large proportion of sales in US dollars, we consider it has every chance of beating expectations. (VIEW LINK)


1 topic

1 stock mentioned

Roger Montgomery
Founder and Chairman
Montgomery Investment Management

Roger Montgomery founded Montgomery Investment Management, www.montinvest.com in 2010. Roger has than three decades of experience in investing, financial markets and analysis. Roger also authored the best-selling investment book, Value.able.

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.