Today’s stock has been on my radar for quite a while now. However, its price has been too high for me to put it on my close-to-watch list. That changed so I looked into it.
The price declined due to general recession fears in recent weeks, forex headwinds, and revised revenues in their just-published earnings report for Q2.
Here is what makes the stock compelling:
Market Leading Position in a market with lots of growth potential left
Temporary Forex Headwinds because of strong US-Dollar and weak local currencies
Just Reached Profitability with a strong growth trend hidden by the FX Headwinds
Valued at a fraction of peers despite the better growth outlook
By the way, this week, I’ll introduce a Discord Server where we can discuss stocks, markets and investing overall. It’ll be for all paid subscribers.
But, I’ll choose five extra people who can join the chat. To win a spot, reply to this email, and I’ll randomly select five people (the higher the activity level on my newsletter, the higher the chance to win)!
Good Luck!
With that said, let’s jump right in!