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Chuck Royce Comments on Manhattan Associates

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Aug 18, 2020
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Manhattan Associates (

MANH, Financial) was the top-contributing position in the first half; the firm also boasts the number one share in warehouse management systems software. Accelerating demand for its core product, driven by the launch of its long-awaited cloud version and the disruptions related to the COVID-19 pandemic, has been catalyzed by increases in corporate spending on software that enhances flexibility in, and visibility into, companies' supply chains. The pandemic has also stoked demand for the company's Active Omni suite of solutions, which enable retailers to leverage their physical store base for e-commerce options.

From

Chuck Royce (Trades, Portfolio)'s Premier Fund second-quarter 2020 commentary.

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