Stock for SAP just dipped significantly. Is it a buy?
Sap is dying slowly. May not be a great investment in the long term
Why?
Because they make nothing new. Salesforce is more competitive than sap
More like a bye.
Why? I'd bet Dynamics 365 over SAP because it's easier to come up from the bottom than a product that has been coasting on its laurels and letting everyone take chips out of their pie like Salesforce.
Insider view- If you plan to hold for 2-3 yrs then its worth buying it as stock will double after 2-3yrs.. its not that SAP is not doing good but we have been slow to move all products to the cloud which is not meeting customer expectations and slowing sales process.. we are working like crazy to move all our product cloud-native and its going to take time ( think of a company moving on-premise solution to cloud and challenges in such transformation). I truly believe SAP will come out very strong in 2-3 years and that's why holding all my RSUs.
I’m a long term investor so great to hear this. If this is true, seems like a good investment as SAP moves to more cloud products. The only question will be, do they do it fast enough with quality.
Why did it drop? I put sap on a watchlist a while ago but haven’t actually been watching 👀