Karooooo: Profitable Software Opportunity Based On Cartrack IoT

gremlin Introduction Karooooo Ltd (NASDAQ:KARO) is a software provider that is unique both in industry and market focus. The company is a leading provider of car tracking software thanks to the Cartrack platform. With a dual-base of Singapore and South Africa, KARO offers excess exposure to the emerging markets of the world. This is quite unique for software firms outside of China, and I believe the EM secular opportunity and diversification are two major catalysts investors can rely on. Then, the benefits of extremely competitive growth and profitability just add to the thesis that Karooooo belongs in the portfolios of…