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The Bottom Fishing Club: Gartner - Approaching 2009 Great Recession Low Valuation
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The Bottom Fishing Club: Gartner - Approaching 2009 Great Recession Low Valuation

Seeking Alpha·Paul Franke·22 days ago
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Home Stock Ideas Long Ideas Tech  Summary Gartner trades near its best underlying valuation since early 2009, driven by SaaS sector pessimism and aggressive short selling. IT's free cash flow yield of 10.8% significantly outpaces Treasury yields, with low valuation multiples highlighting a multi-decade opportunity despite only marginal operational downgrades. Momentum indicators have turned positive, and a technical breakout above $162 could trigger a reversal, especially if shorts begin to cover. I rate IT a Buy under $160, with Strong Buy territory below $139, citing deep undervaluation, resilient fundamentals, and potential for a sharp rebound. Zolak/iStock via Getty Images Believe it or not, Gartner, Inc. ( IT ) is getting close to its lowest stock valuation on underlying fundamental metrics since the early 2009 Great Financial Crisis bottom.…

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