Posts in tag
Undervalued
Bank of America says these 2 areas in technology are still undervalued and have room to run in 2021
Traders work on the floor of the New York Stock Exchange shortly after the opening bell in New York, U.S., March 17, 2020. Lucas Jackson/Reuters After a year dominated by mega-cap tech stocks, Bank of America says the technology sector has more room to run in 2021. But next year’s trade will be about enterprise …
Why This Chinese Education Technology Stock Is Ridiculously Undervalued
GSX Techedu (NYSE:GSX), an online education company in China, went public last June at $10.50 per share. Its stock has more than tripled to the mid-$30s since then, but it still trades at 13 times forward earnings — which seems ridiculously low relative to analysts’ forecasts for 175% revenue growth and 163% earnings growth next year. …
