Progress Software Corporation develops and provides various business software solutions to clients. This includes custom application development, data connectivity, file integration, secure platform rollout across multiple applications, network monitoring solutions, and hybrid cloud storage solutions. The company trades at just 5x Sales and 13x EBITDA, and supports impressive gross margins of 88%. PRGS is profitable and has minimal capex which boosts free cash flow. They also have stable revenues of +$400M per year and return 25% of FCF to shareholders through dividends. PRGS can continue higher past 47 and has earnings this Thursday after market close.