The Bravura Solutions Ltd (ASX: BVS) share price has continued its strong run and pushed higher again on Tuesday.
At the time of writing the shares of the leading provider of enterprise software and software-as-a-service to the wealth management and funds administration industries are up 3% to an all-time high of $5.76.
This latest gain means that Bravura Solutions' shares have risen a massive 55% since the start of the year.
Why is the Bravura Solutions share price at an all-time high?
Investors have been fighting to get hold of the company's shares this year due to its impressive half year result, positive growth outlook, and the recently announced acquisition proposal of GBST Holdings Limited (ASX: GBT).
Today's gain, however, is due to investors responding positively to the release of an investor presentation from Bravura Solutions ahead of its appearance at the Macquarie Group Ltd (ASX: MQG) Australia Conference.
That investor presentation was used to remind the market of its meteoric growth over the last few years and also its massive global market opportunity.
Management also used it as an opportunity to reaffirm its guidance for FY 2019. According to the release, it expects to deliver earnings per share growth in the mid to high teens this year.
Should you invest?
Whilst its shares are certainly not the bargain buy they were at the start of the year, I still see a lot of value in them for investors that are willing to make a long-term buy and hold investment.
This is largely due to the strong growth potential of its Sonata wealth management platform which continues to go from strength to strength. In the first half its increasing popularity helped drive Wealth Managment revenue up 24% on the prior corresponding period.
Given that it is still only scratching at the surface of a massive global opportunity, I believe it can underpin strong profit growth for a long time to come.
Overall, I would class Bravura Solutions as a tech share to buy along with Altium Limited (ASX: ALU) and Appen Ltd (ASX: APX).
