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  5. SAP: Would you please comment on the recent jump in the price of SAP. [Saputo Inc.]
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Q: Would you please comment on the recent jump in the price of SAP. Is this a time to sell or a sign of continued strength.
Many thanks.
Ian
Asked by Ian on August 12, 2025
5i Research Answer:

SAP has had four broker upgrades since reporting earnings, where Canada sales were higher than estimates. It is now up 28% YTD. We think the results were good, certainly, but generally it is a slower growth company, and we would be reluctant to chase this. We would consider it more of a HOLD today.