fbpx
QQQ
+ 2.32
321.45
+ 0.72%
DIA
+ 0.19
311.58
+ 0.06%
SPY
+ 0.42
383.38
+ 0.11%
TLT
-1.19
153.65
-0.78%
GLD
-0.47
175.84
-0.27%

Big-Name Investor Bullish on Small Cap with Big-Time Clients and Big Growth

by
November 26, 2013 4:27 pm
Share to Linkedin Share to Twitter Share to Facebook Share to Print License More
Big-Name Investor Bullish on Small Cap with Big-Time Clients and Big Growth

Leon Cooperman of Omega Partners has long been considered one of the finest investors on Wall Street.

He founded Omega Partners after heading up the asset management unit of Goldman Sachs (NYSE: GS). Speaking at the recent "Invest for Kids" conference in Chicago, he was bullish about Monetise (OTC: MONIF), a small cap with big name clients such as IBM (NYSE: IBM) and Visa (NYSE: V).

Monetise is a mobile wallet company, based in the United Kingdom.

It has a huge competitive advantage in that Visa Europe is an investor. That has allowed for Monetise to increase its users from seven million to 24 million in the last year. Over that time period, transactions have tripled. Goldman Sachs and the Gartner Group, a high-tech research firm, project that growth should triple again for Monetise.

Earlier this month, Monitise was in the Deloitte Technology Fast 50 for third year in a row. Overall, Monitise was named the sixth-fastest growing technology company in the United Kingdom. This is the third year in a row that Monetise has been in the top 15. In 2012, it was third. Monetise came in twelfth in 2011.

The potential for the mobile wallet market is huge.

So is the competition. Google (NASDAQ: GOOG) has Google Wallet. Passbook is the entry from Apple (NASDAQ: AAPL). Isis has backing from AT&T (NYSE: T) and Verizon (NYSE: VZ).

That IBM and Visa have invested in Monetise in so many different ways is a strong indication of support for a small cap company. That is especially so with such formidable competitors.

With Leon Cooperman bullish on Monetise, investors should take notice of the long term potential of the high tech small cap.


Related Articles

4 Key Trends That Could Shake Up Semiconductor Stocks In 2021

Semiconductor stocks have got off to a strong start in the new year. Following the Consumer Electronics Show (CES) 2021, an analyst at BofA Securities outlined the key emerging trends that could impact trading in semiconductor stocks. read more

Study: Investors Say Tesla, Apple And Microsoft Were 2020's Top Stocks

Each year, Sharesight20 looks back at the top 20 buy and sell trades made by Sharesight users throughout the year. Benzinga analyzed data from the 2020 edition of the Sharesight20USA snapshot. So, what were the top trades of 2020 according to the Sharesight user base? read more

Why Cramer Sees Intel Shakeup As A Buy Opportunity In Rival Chipmaker

The change of leadership at Intel Corporation (NASDAQ: INTC) presents an opportunity to purchase shares of rival chipmaker Advanced Micro Devices, Inc (NASDAQ: AMD), read more

Applied Materials, II-VI Are BofA's Favorite Semiconductor Plays For 2021

Tech stocks are poised to outperform yet again as the industry sees accelerating growth, according to an analyst at BofA Securities. read more