This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

ClickSoftware Offers Value Amid the Bust: Best in Class

BURLINGTON, Mass. ( TheStreet) -- ClickSoftware Technologies (CKSW - Get Report) appears to be in the right place at the right time, as companies are being forced to do more with less.

But for ClickSoftware, a provider of customer relationship management (CRM) software, it's more than just luck. It's only a coincidence that the company is helping businesses with reduced headcounts perform more efficiently in the aftermath of the worst recession the world has seen since World War II.

ClickSoftware's management team, lead by Chairman and CEO Dr. Moshe BenBassat, has walked a tightrope above the market mess, and a 150% surge in the company's share price over the last year is a testimonial to its performance. After all, it's not easy helping clients optimize and manage costs when you're selling a service that could also be on the chopping block.

"The crisis happened at almost the optimal time for us," BenBassat said in an interview with TheStreet.com. "Companies have to cut costs to satisfy shareholders by showing profitability, but they still have to offer the same amount of quality they've shown in the past. Demand may be shrinking for them, but in the recession, demand is shrinking for everyone, including their competitors. That's why service is such a critical component."

ClickSoftware's stable of customers includes some of the best known consumer-related names, such as Best Buy (BBY - Get Report), Caterpillar (CAT - Get Report), Hewlett-Packard (HPQ - Get Report), Xerox (XRX), Vodafone (VOD) and Deutsche Telekom (DT), among many others.

"We have the largest number of clients using our software, and they're the who's who in the world economy," BenBassat said. "So by midyear last year, we emerged clearly as the worldwide leader in this space."
1 of 5

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
ACN $97.33 0.00%
BBY $33.50 0.00%
CAT $84.38 0.00%
CKSW $12.58 0.00%
IBM $165.09 0.00%

Markets

DOW 17,730.11 -27.80 -0.16%
S&P 500 2,076.78 -0.64 -0.03%
NASDAQ 5,009.2140 -3.9090 -0.08%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs