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Hedge Funds Are Buying The Dip In This Logistics Software Company

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Michelle deBoer-Jones
Published on
Descartes Systems Group DSGX
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Trade uncertainties have been weighing on a broad range of industries, including transportation and logistics. However, savvy value investors aim to pick the best of the bargain bin during times such as these.

This Canadian mid-cap is certainly one that might qualify - although time will tell. The stock has returned -23% year to date, tumbling periodically throughout the year amid news headlines that have been interpreted as negative for the company.

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Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.