Globant’s Share Price and Why He’s Bullish on Milei

Bloomberg Línea — Martín Migoya, CEO and co-founder of Globant (GLOB), does not shy away from difficult questions: Why haven’t his company’s shares benefited from the tech stock rally this year, despite revenue growth? Migoya attributes this discrepancy to a market that continues to punish the B2B tech sector as a whole, without distinguishing specific opportunities for companies like Globant.

The current stock price doesn’t reflect the true potential of the company, he claims, especially as the world is on the brink of a technological revolution driven by artificial intelligence.

“Globant [stock] today is worth the same as it was in 2021, despite being three times larger [as a company],” says Migoya, who believes that the…

Source link