Q: Good morning !
Here are two good entreprises that are are far from to participate at the recent nasdaq rally, probably because they are included in the software industry. Are we to understand they are definitely on the bearish road? What is your opinion on the future of these entreprises? What would you say to an investor who the stocks, hold or sell?
Thank you very much for professional support
Here are two good entreprises that are are far from to participate at the recent nasdaq rally, probably because they are included in the software industry. Are we to understand they are definitely on the bearish road? What is your opinion on the future of these entreprises? What would you say to an investor who the stocks, hold or sell?
Thank you very much for professional support
5i Research Answer:
We would be quite comfortable holding SHOP (recent comments posted). Its business should benenefit from AI and not so much threatened by it. NET we think will also be OK. High growth continues, and it has a strong balance sheet. It is on the very expensive side of things, and this makes us a little less confident in it than SHOP. SHOP also is (essentially) in a duopolistic industry, whereas NET does have more direct competition.