With their current dips, both Boazun ($BZUN) and Atlassian ($TEAM) look like a buy. Which would you choose and why?
Atlassian hasn't done much in the past 5 months. Meanwhile, Boazun has been quite volatile since ER; down to around $26, up around $40, down to $33.
I don't see Atlassian heading past $40 unless ER is a major beat. It would be nice if they were an acquisition target but companies like $MSFT and $AMZN seem set on building their own comparable products. If they were to get acquired, this stock with be north of $40 IMO.
Many analysts and investors are banking on the Boazun share price to follow the same path as $SHOP and $BABA. While this is possible, I'm not so sure it's going to take the rapid rise that those stocks have taken this year. ER being a beat doesn't mean this stock will pop either.
What are your thoughts?
Submitted September 28, 2017 at 08:29PM by zenitron http://ift.tt/2x0G58K
No comments:
Post a Comment