Q: Hello 5i
In the early part of September, the stock shot up. Now it seems to be sinking back down. Is there any reason for these movements? Could you please suggest a good entry point to buy.
You continually give great advice. Thank you so much!
In the early part of September, the stock shot up. Now it seems to be sinking back down. Is there any reason for these movements? Could you please suggest a good entry point to buy.
You continually give great advice. Thank you so much!
5i Research Answer:
FSV has had a rough September, but there really has been no negative news. Investors might be selling for more exciting tech stocks, maybe. The only news in some time was two acquisitions, which we would consider positive. 10%+ EPS growth is expected next year and the last quarter was fine. We would suggest $260.