The competition su-ks badly and gets worse with each passing day
IT Outsourcer Cognizant Gamed US H-1B Visa Lottery For Indian Workers Over Others
https://www.bloomberg.com/graphics/2024-cognizant-h1b-visas-discriminates-us-workers/?utm_medium=deeplink
Imagine if the colleagues here had put half their salaries into the SAP stock over the past 2-3 years. They would have achieved significant pay rises and pay outs. And then be told that they're getting laid off and accept the VERP. They get VERP pay and stock payout. Then begins the mass selloff :P.
CK is that you??
SAP stock ratings...
Tipranks: 15 buy, 4 hold, 0 sell. (https://www.tipranks.com/stocks/de:sap/forecast). High forecast is 300 EUR/share. Low forecast is 160 EUR/share.
Morningstar Brokerage Account License: MOAT is narrow, weakness is switching costs from on-prem to cloud. Fair value is closer to ~183 EUR/share.
NASDAQ: P/E Ratio is ~100. High and overvalued. Industry rule of thumb is 25-30.
SP500 is overvalued at this point. Trump will crash the stock market by raising tariffs on consumers, annihilating their discretionary spending power. Interest rates will get cut and people will transition out of cash back to equity.
Buy and keep adjusting a stop loss 10% lower than the daily NAV. LOL.
Source: An investment portfolio that has ROI'd >160% over the past 3 years and on track for early retirement.