NSIT - Insight Enterprises: Around 47% Upward Potential By 2020
Investment Thesis
Insight Enterprises (NSIT) delivered a mixed Q2 2019 earnings results with limited growth in the services segment and declining and flat growth in the software and hardware segments respectively. However, we believe that in the long term NSIT will deliver strong top and bottom line growth. The following catalysts will contribute to this growth:
- The company is well-positioned to benefit from several long-term trends in the technology sector;
- Strong track record of acquisitions that enhance NSIT product and service portfolio;
- Acquisition of PCM could contribute $530-560 million in net sales in