Sell or hold SAP stock
I own shares in SAP stock. Average buy price is about $127, it’s currently trading at $124. If you followed the news, it was at $160 last quarter, but fell sharply after disappointing results. The CEO himself said he isn’t too optimistic about next year due to the Covid pandemic and moving to the cloud. Anyone else holding their stock? #personalfinance #investments
Sell
Thinking the same thing.
Buy high sell low
I’d sell it and invest it somewhere else. I am not very optimistic about SAP’s growth. They’ll stay but not sure if they’ll grow
Oh they aren’t going anywhere for sure. Like you said, just not confident that they’ll grow in the next 1-2 years
I think it is better to buy VOO or QQQ or MSFT over SAP
Sell. So many awesome companies to invest in.
Yeah stock market’s looking really juicy right now
Right now is pretty risky... Might be good to trade options, but I'm staying away from making any other moves rn
Very curious why you don’t just buy Salesforce? I would trust Salesforce much more than SAP. I only own SAP because of our ESPP discount, otherwise I wouldn’t touch it.
I already get RSUs and use our ESPP program as well. Wanted to diversify
You should hedge risk by owning shares in your competitors
Bought it around $114. Def plan to hold it longer term
Bought during the dip or earlier? At least you’re in good profit. I just think it’s a non performing stock at this point.
Right when it dipped.