- Bentley Systems, not the Bentley Motors which most of us are familiar with, develops software for infrastructure design.
- The company has made a name for itself among the world's top engineering design firms which subscribe heavily to its software.
- With the ability to generate subscription-based revenues and squeeze more sales from existing customers together, the company is growing rapidly and, unlike many software names, it is profitable too.
- The debt level is currently high, but, equipped with adequate cash, there should be no issues paying interest.
- The inflation-proof table which covers product strength and competition shows that Bentley is the stock to buy in the face of current adverse economic conditions.
For further details see:
Bentley Systems: An Inflation-Proof IT Stock