Tom Roderick, Analyst at Stifel, Nicolaus & Co, says Informatica Corporation (INFA) is one of his top stock picks. He says he likes the company because of its adaptability in the current environment.
“We’re aware that the shift to Big Data means that you have to adapt to more data sources out there, and Informatica is a company that is adapting reasonably well to that theme,” Roderick says. “They have shifted more and more of their revenue stream from subscription-based cloud data integration assets, and that’s a business that has become close to 10% of their revenue stream today, but is growing much faster than the core of the company — growing greater than 40%.”
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Roderick says Informatica is a tangential play on Big Data, but that the company still stands to gain as the trend plays out.
“They’ve done a nice job of adapting their business strategy to support what’s happening with unstructured data, what’s happening with Hadoop and what’s happening in the cloud,” Roderick says.
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