Is There Now An Opportunity In Gartner (IT) After A 60% Share Price Slide?
- Investors may be wondering whether Gartner, at around US$148.67, is starting to look interesting again or if the risks still outweigh the potential reward.
- The stock has had a tough run, with the share price down 6.1% over the last week, 12.0% over the last month, 37.3% year to date and 60.6% over the past year. This has contributed to weaker 3 year and 5 year returns of 53.0% and 21.4% respectively.
- Recent attention around Gartner has focused on its position as a key research and advisory provider for technology and business leaders, and how that role fits into changing priorities for IT and enterprise spending. Ongoing discussion has also centered on how investors weigh that role against prolonged share price weakness.
- Gartner…
Source link
