Best Shipping Stocks To Invest In 2016

Best Shipping Stocks To Invest In 2016: Open Text Corporation (OTEX)

Open Text Corporation develops, markets, sells, licenses, and supports enterprise content management (ECM) solutions primarily in North America and Europe. The company?s ECM software and solutions enable customers to manage various types of enterprise content, including business documents, Web content, records, digital assets, email, forms and reports, forums, blogs, wikis, and real time instant messaging and collaboration. Its ECM solutions comprise various components, including document management, which provides repository for business documents, such as Microsoft office, CAD, and PDF; collaboration that offers tools designed to better facilitate people working with each other with content and processes; Web content management, which provides tools for authoring, maintaining, and administering sophisticated Web sites; and records management that enables control of the lifecycle of content objects by associating robust retention and disposition rules with each content as set. The company?s ECM solutions also provide email management services designed to enable the archiving, control, and monitoring of email; capture and delivery tools that provide the means of converting documents from analog sources; digital asset management; business process management services; content reporting tools for analyzing content and generating reports; and Open Text Everywhere that allows the Open Text ECM suite to be available via mobile devices. In addition, it offers industry specific solutions for government, technology/manufacturing, energy, financial services, pharmaceutical and life sciences, legal, and media sectors. Additionally, the company provides learning, consulting, hosting, and customer support and training services. It has strategic alliances with Microsoft Corporation, Oracle Corporation, and SAP AG. The company was founded in 1991 and is headquartered in Waterloo, Canada.

Advisors' Opinion:

• [By! MONEYMORNING.COM]

  Known as one of the world's leading data management firms for large organizations, Open Text (Nasdaq: OTEX) ranks as the biggest software company in Canada.

• [By Jake L'Ecuyer]

  Shares of Open Text (NASDAQ: OTEX) got a boost, shooting up 11.95 percent to $101.45 after the company reported upbeat Q2 results and announced a 2-for-1 stock split.

• [By Jayson Derrick]

  Analysts at Credit Suisse upgraded Open Text (NASDAQ: OTEX) to Outperform from Neutral with a price target raised to $65 from a previous $51. Shares surged to new 52-week highs of $56.97 before closing the day at $55.62, up 14.82 percent.

• [By Robert Abbott]

  OpenText Corporation (OTEX) fits within the latter group. Since its inception as a search engine-type company in 1991, it has become something of a giant itself. It operates in the Enterprise Information Management industry, with annual revenue of more than $1.6 billion and capable of going head-to-head with names such as IBM(IBM) and Hewlett Packard(HPQ).

source from Top Stocks To Buy For 2015:http://www.topstocksforum.com/best-shipping-stocks-to-invest-in-2016.html