A longstanding participant in the data warehousing space, Teradata (TDC, Financial) has been transitioning its focus from on-premises database management and analytics to the rapidly growing cloud-computing market. The company has delivered a series of impressive quarterly results, and markets appear to be taking notice of what we see as a sticky, high-margin, high-cash-generating business.
From the First Eagle Investment (Trades, Portfolio) Global Value Team's third-quarter 2021 commentary.
