Another Onehttps://www.bnnbloomberg.ca/video/kim-bolton-discusses-open-text~1995612
BUY ON WEAKNESS
Open Text (OTEX-T)
July 15, 2020
A darling in the space and he has been trying to buy it. They are Canada's leader in enterprise information management. It offers its customers great economies of scale and they have many opportunities to extract value in the cloud space. In their latest release they delivered great revenue and cash flow growth. If it ever becomes affordable he will buy and use options to ensure he can hold it for the long term. (Analysts’ price target is $62.00)
Kim Bolton
Price
$57.600
Owned
No