This High Quality Software Stock Is On Sale Right Now

A narrative shift can drive strong near-term returns. Long-term upside is in the triple-digits

💡 Highlights:

• This stock has returned more than 30% annualized since its IPO.

• But sector weakness has driven the company down 35% in 2024 — even with revenue growth outperforming peers by more than ten percentage points.

• Years of preparation for generative AI are being ignored by the market; the technology should drive both share gains and overall market growth.

• Risks are real, but a reasonable valuation close to 15x forward earnings leads to an attractive bull case.