Money manager Jim Oberweis, Jr. is a leading expert on small-cap stocks. In The Oberweis Report he highlights two high-tech plays that he considers appropriate for risk oriented investors.

CyberArk Software (CYBR) is a global leader and pioneer of a new layer of IT security solutions that protects organizations from cyber attacks.

In the hands of an external attacker or malicious insider, privileged accounts allow attackers to take control of and disrupt an organization’s IT and industrial control infrastructures, steal confidential information, and commit financial fraud.

CyberArk’s comprehensive solution proactively protects privileged accounts, monitors activity, and detects malicious behavior. This new security layer protects against cyber attacks before they strike vital systems and compromise sensitive data.

In the company’s latest reported second quarter, sales increased approximately 70% to $36.4 million from $21.3 million in the second quarter of last year.

CyberArk reported earnings per share of $0.19 in the latest reported second quarter versus $0.09 in the same quarter of last year. Clients of Oberweis Asset Management own approximately 8,400 shares.

Integrated Device Technology (IDTI) develops a broad range of low power, high performance mixed-signal semiconductor solutions that optimize customers’ applications in key markets.

These products are used for next-generation development in areas such as 4G wireless infrastructure, network communications, Cloud data centers, and power management for computing and mobile devices.

The company is also a leading provider of emerging wireless charging technology solutions to consumer electronics companies.

In the company’s latest reported second quarter, sales increased approximately 23% to $169.5 million from $137.1 million in the second quarter of last year.

Integrated Device reported earnings per share of $0.35 in the latest reported second quarter versus $0.21 in the same quarter of last year. Clients of Oberweis Asset Management own approximately 60,000 shares.

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