SalesForce.com Inc. (CRM)

He doesn’t love this one. As a successful software business, it has gotten very high valuations. As a value investor, he doesn’t see why he would pay 40 or 50 times earnings. Prefers something like Google (GOOGL-Q) over this.

A great company. The stock hasn’t gone up a lot, and is still trading at a very high valuation level. You are paying for a lot of good things to happen. Today, when there are so many good companies that are still growing and have pretty powerful brands, they are more attractive from a valuation standpoint, and those are the things that he is looking at. You are taking more risk in a name like this that is trading at a 70X earnings multiple.

(A Top Pick March 23/15. Up 6.86%.) Still thinks this is an excellent company and he toyed with the idea of buying more. However, at the beginning of the year everything got thrown out with the bathwater. A very high valuation stock. Thinks the market is starting to award deep value over growth. Currently he still has a very small holding.

(A Top Pick Feb11/15. Up 4.93%.) Unfortunately, this has become a bit of an ATM stock, where people have been coming out a bit. Has been an investor favourite for many years. Unfortunately, technology has been under pressure lately for the last 6-7 weeks, so he had to lighten up.

This is one of the best cyclical technology stocks. They are rolling out `wave` and growing quickly in the 25-30% range for cash flow. It still has upside to come. This is early stage to a growth roll out.

Basically a customer relationship management tool. It allows you to put in customers names for mass mailings, etc. Their growth is phenomenal at 20%-25% per annum. A lot of that is flowing to the bottom line. Bottom line performance is growing at 25%-35%. Relatively small as a company, so it has a long ways to go.

A cloud-based software company and used for customer relationship management. From a sector strength standpoint, it is behaving extremely well. Very, very strong momentum in their growth. Quarter revenues have been growing in the 30% range. An expensive company so you have to understand you are buying momentum. If you believe that corporations are starting to loosen up a little bit on spending, there is growth coming. You are paying 160X next years earnings. With even a slight stumble, it would have a very tough time.

(Top Pick March 11/11. Up 7.17%.) This was a choice based on seasonality.