Overlooked Alpha

Overlooked Alpha

22% Drop Is An Opportunity For This Software Stock

The market is misreading this small cap

Overlooked Alpha
Mar 17, 2024
∙ Paid

Highlights:

  • A disappointing outlook sent shares of this software business falling on Friday, but guidance isn’t as bad as investors think.

  • Valuation is more than reasonable, threats to long-term growth look overblown.

  • Owning value plays in software has been dangerous but that may be changing — particularly given private equity interest in the space.

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