Wednesday, June 10, 2020

Buying (ALRM) @$60.83 sells software and hardware for connecting residential and commercial properties to the internet. The largest use case of the company's service is home security. has partnered with over 9000 security companies.
Customer renewal rate is 94% for each of the last 5 years.
This a small cap ($3B) and has niche that I really like. You get a home security system and you basically stay with it forever. Recurring revenue. Tech. SaaS model - that's pretty much all I need to hear.
Add to that great management. 
People will need security in good and bad times.

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