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29.06
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Bought at €135.86
19
5 Comments

A great stock whose price performance you can really count on ;-)
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@IronEagle Would you mind explaining your thoughts in a little more detail?
@MozartsGeistp The stock has been falling for 1.5 years, and every rally gets sold off. I own the stock myself, and I regret almost every day that I didn’t sell my entire position at least when it was at 150 euros, but instead held on to half of it. I don’t see any real upside potential, unless the view eventually takes hold that software is important again and justifies a higher P/E ratio. Right now, I don’t see where that significant growth is supposed to come from. I know the transition to the cloud back then went well. But AI is a whole different ballgame for a company like SAP, which still seems a bit antiquated.
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I've held the stock for quite some time now and plan to keep it. Looking back at the year so far, though, I understand the frustration. 🥴

Especially with SAP, I see significant opportunities for growth due to its deep roots within essential business units and processes. And that’s with an international customer base! 💪
@MozartsGeistp With the DAX soaring (for whatever reason—maybe the government’s great reform package 😂😂), how can SAP be down another 2%? 🙈😪 It doesn’t get any worse than this 🙈
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