• The company is slowly but steadily increasing the SaaS recurring portion of its revenue, boosting growth and margins.
• While the company still sells mainly hardware which is only growing a bit, it does serve as a platform for selling their SaaS solutions.
• The shares have done nothing this year and aren’t expensive, especially given the substantial free cash flow the company is generating lately.

Source: An Opportunity In CalAmp Has Opened Up – CalAmp Corp. (NASDAQ:CAMP) | Seeking Alpha