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Constellation Software Inc. (CSU $2,376.98)
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Topicus.com Inc. (TOI $88.80)
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Lumine Group Inc. (LMN $18.30)
Q: We know that the market moves in advance of the stocks earnings as some say 3 to 6 months in advance. With these 3 stocks, is it possible that is happening, the market is talking to us and we are NOT listening?
Also, as stated before, could it be that if these stocks beat their earnings, that they may still go down with the reason that the market will feel that AI has not fully effected their earnings yet?
Thanks
Also, as stated before, could it be that if these stocks beat their earnings, that they may still go down with the reason that the market will feel that AI has not fully effected their earnings yet?
Thanks
5i Research Answer:
We might be more receptive to the idea that the market 'knows something' if it weren't broad based across almost every company touching software. In other words, it is not really a CSU family specific issue.
On earnings, there is certainly a chance these companies go down after earnings but this is the same for every company. In fairness, scrutiny will be high on earnings and is why an investor needs to be looking out in terms of years here, not months.