13.2

SkillSoft PLC, a leading SaaS provider of on-demand e-learning and performance support solutions for global enterprises, government, education and small- to medium-sized businesses, recently announced that its shareholders have authorized the repurchase from time-to-time by the Company and/or its subsidiaries of up to 10 million ordinary shares.

The stock has a forward PE of 19.

Massive buybacks

Q: Any other picks along these lines?

A: Another educational play would be Skillsoft [SKIL], which is focused on corporate education and training. Skillsoft is more of a re-emerging growth story than a pure emerging-growth story. The company has been around for a long time.

BUY

Buy - Price 8.92 on Sept. 4
by Signal Hill
SkillSoft enjoys the dominant position in a must-buy category of the $15.8 billion corporate-training market: off-the-shelf e-learning...In our opinion, SkillSoft's business is not widely followed and the import of its consolidation of this market niche is even less-widely understood. The company's performance in the fourth quarter as contract renewals come up will offer an important snapshot into its ability to drive real synergy as a result of the merger...[Yet] even a conservative scenario in our view gets the stock to $11.30 based on a 12 times multiple of CY08 Ebitda, or a 20 times multiple of CY09 earnings...[on EPS of 58 cents].

INCREASE MY CNBC PORTFOLIO ZACK'S UPWARD CONTINU

Upgraded by Stifel Nicolaus from Hold to Buy