NetSuite (N): On our watch list

By Timothy Lutts, Chief Investment Strategist and Editor of Cabot Stock of the Month
From Cabot Wealth Advisory 9/20/12 Sign up for free Cabot Wealth Advisory e-newsletter

Editor Mike Cintolo is heavily invested now. His Cabot Market Letter portfolio of 10 stocks has an average profit of 25%. And he has no losers. He also has a top-notch Watch List, which includes one of my favorite stocks, NetSuite (N).

Here’s what Mike wrote about it recently:

“While giants like Salesforce.com are selling giant enterprises on the advantages of integrating their software and operations in The Cloud, NetSuite has been doing the same thing for mid-sized companies and divisions of larger ones. NetSuite’s software lets clients manage their back office, front office and Web operations, and strong demand for this kind of IT support brought 30% revenue growth in Q1 and 29% in Q2, with earnings up 100% and 200%, respectively. A subscription revenue model keeps money flowing in, and the company’s OneWorld software lets a firm’s e-commerce operations go global, handling different currencies, taxation rules and reporting requirements.”

If your portfolio hasn’t benefited from the latest bull run as well as Mike’s, I urge you to give it a try. Click here.