eGain Corporation (EGAN)

(A Top Pick Dec 01/20, Down 10.2%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with EGAN has triggered its stop at $10. To remain disciplined we recommend covering the position at this time.

(A Top Pick Dec 01/20, Up 17.2%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with EGAN is progressing well. We now recommend trailing up the stop (from $8) to $10.

Stockchase Research Editor: Michael O'Reilly EGAN provides cloud software including AI for customer engagement services in the US, UK, India and internationally. The stock recently took a hit when management lowered Q2 2021 guidance after releasing earnings that exceeded market expectations. Management announced the loss of two large clients and plans to expand internal infrastructure which is expected to pay off in 2022. The company is growing its cash position on the back of margins exceeding 30%. This creates a good entry point. We would buy this with a stop-loss at $8, with upside towards $15.50 -- over 40% upside potential. Yield 0% (Analysts’ price target is $15.33)