I try not to buy stocks with bad momentum… but what are your thoughts?
$LRN (+5,9 %) STRIDE (strong sell) 8 p/e. Down 50% last month. Bad news on the earnings report, with tech issues, lower enrollments and guidance than expected. But the stock is trading very cheap with interesting growth projected…
$SFM (+5,26 %) SPROUTS FARMERS MARKET (strong sell) 15 p/e down 21% last month and 53% last 6 months. Slower growth than projected and headwinds with inflation and competence, but still orojecting many new openings etc in a segment that is growing.
$ATGE (+3,98 %) ADTALEM GLOBAL EDUCATION (hold) 13 p/e down 36% last month. Falling following Stride’s disgrace… maybe exagerated again, also “cheap”.
$EAT (+1,12 %) BRINKER INTERNATIONAL (hold) 15 p/e
down 20% last month. Growing but slowing due bad performance of Maggiano’s, while growing strong with Chilli’s… implementing changes, nice growth projected ahead, interesting price.
$ADBE (+5,71 %) ADOBE (hold) 16 p/e down 35% last year and 30% last 5 years. Lower p/e I’ve seen in Adobe while growing still strong and capitalizing AI. Market is afraid of them lossing their moat to AI. Oportunity?
I did buy sprouts, and I’m tempted by the others, it’s difficult to find growing companies at low valuations. Ratings are from SA
