Amdocs (DOX): The Total Package
Written by: Aaron Katsman | April 8, 2008
Aaron Katsman
www.IsraelNewsletter.com
Amdocs (DOX) one of our favorites here at IOI, announced it bought broadband cable solutions provider Jacobs RimellLtd. for approximately $45 million to build its operations support systems (OSS) offering. With the purchase Amdocs maybe the only vendor around to provide a complete “order-to-cash solution spanning all customer experience systems.”
On the heels of last week’s announcementby S&P raising Amdocs credit rating to BBB, S&P said, “The ratings on Amdocs reflect its top-tier customer base and highly visible and recurring revenue base, modest debt leverage with substantial liquidity, and good growth prospects as the telecom sector matures and shifts its focus to cutting costs.”
Coupled with their drive into the mobile world, Amdocs continues to execute their business model well, and long-term investors may want to take a strong look at the company.
Disclosure: Author’s fund holds a position in DOX. He holds no position in any other stock mentioned as of 4/08/08.
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Aaron Katsman is Managing Editor of the Israel Opportunity Investor newsletter. He is lead portfolio manager for the Israel Growth Portfolio and Managing Director of America Israel Investment Associates, LLC. For more information, go to www.israelnewsletter.com or call 1-888-327-6179, or email aaron@profile-financial.com.
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