Sep. 26 at 3:51 PM
$GLOB
@Legitimate @Golferhack12
idk if ive mentioned this before, but in large part why i waited for mid 60s before i entered the stock was bc i was looking for a PEG of ~1 assuming the company can go back to high single digits growth (technically i would need 10% growth, but i got too excited and i jumped in even if PEG wasnt exactly dead on 1.00)
By any other metric (see table below, sorted by 2 yr corr) I like
$GLOB over the other 2 small/similar players like
$DAVA and
$DXC which have some metrics at an even GREATER discount (and the primary reason is bc of.... GROWTH).
While i dont expect GLOB to rally back to comps mean (remember at
$300 it used to trade well well well above comps)... if we narrow the discount from the current 30%+ to just idk ~15%... it would take the stock to
$82 and closer to
$100 if we go back to comp means.
How low can it go? PEG of 1 on 6% growth (the midpoint 2026 and 2027 expected)... the stock goes to
$38 (6x p/e)... its just math, dont shoot the messenger.
