Technology
PER now <20x (next year's forecast) for a company that has grown profits >4x in 4-yrs - this DX consultant is a great example of a strong growth name where fundamentals haven't changed at all, but the share price has retraced ~50% since last Sept as foreigners (52% shareholder ratio) look for profit-taking targets. Other fallen angels in the small-mid cap growth names that the analysts at Asymmetric Advisors are keen to highlight include Descente, Sato Holdings, Shibaura Machine and TRE Holdings.
Edition: 138
- 24 June, 2022