Undervalued Blue Chip Stock - 33% Upside
Added 2021-02-08 11:40:24 +0000 UTCHey Patreons,
As you know we don't chase penny stocks, and we look at long term safe investing into established blue chip companies which have an opening to buy at a discount. I am currently working on a video about a stock I feel fits this criteria, but as always you are getting the heads up.
This company now has a very compelling valuation and it is currently over 30% undervalued. The company is Splunk Inc : SPLK. Current Valuation: $27.5B and about 4.5% short interest. Current share price is $172 and I see this as $228 share within the next 12 months.
Splunk had a major sell-off after somewhat disappointing Q3 numbers and I think it creates a good opportunity to buy the dip. Splunk is not a push over, this is an industry leading company with a great team and a phenomenal business model. I believe Q4 numbers will be much better and that will send the stock price up to where it should be.
Tom.
Comments
Thats not good :(
Vad
2021-02-08 23:54:23 +0000 UTCArk dropped it last week. π¬
Gabo Furlong
2021-02-08 23:42:15 +0000 UTCsome good news today too, https://finance.yahoo.com/news/mclaren-racing-splunk-announce-multi-130000710.html
Bruno M.
2021-02-08 17:43:18 +0000 UTCIs this a SPAC ? last week 10 law firms announced a investor class action suite
Bruno M.
2021-02-08 17:41:42 +0000 UTCGood for them lol
Generico Fakero
2021-02-08 15:59:16 +0000 UTCARK sold -98,656 units on friday the 5th
Fabien Nicolas
2021-02-08 13:30:36 +0000 UTCSPLK
Generico Fakero
2021-02-08 12:57:02 +0000 UTCBought at 154
Zeb Khan
2021-02-08 12:26:01 +0000 UTCStpk?
BikeLyfe555
2021-02-08 12:17:46 +0000 UTC
