I recommended a hold rating due to the heavily weighted end-of-year profile. DASTY's recent results showed slightly weaker recurring revenue growth, but operating profit was in line with projections.
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell ...
DASTY exceeded revenue and profitability benchmarks in Q3 2023, with growth across all regions and product segments. The company's Industrial Innovation Software segment stood out, accounting for 54% ...