✅This company reported 310% profit growth, it's a BUY
Dec 10, 2024 7:20 am
With less than a month remaining in this year, it's fair to say that 2024 has been great for stock market investors who followed our sector rotation strategy, we outperformed the NGX return of +31%.
How did we achieve this? It's simple, buy a collection of fundamentally sound overstocks in hot sectors.
According to BusinessDay NG, banks' tech spending doubled due to a surge in e-payment transactions and rising inflation. I think this is a reflection of a major trend across industries: Many companies are spending more on software acquisitions, maintenance, upgrades, and data migration to environments that improve productivity.
There is a stock benefiting from this trend, has reported over 300%+ profit growth and is on track to do more, but guess what? It is extremely oversold right now.
You can buy it today and lock in 20-50% return in 6-12 months
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