RE:Please convince me to hold I also want to be convinced to hold. Now I am thinking I want to be convinced to sell. OTEX checks the boxes for me. Recurring revenue, deals in the AI and cloud space. It has been around for a while and delivers value, not just hype. However, it has me yawning, and pays a very boring dividend. I am ready to sell this and Kinaxis, which I have held for years.
This is all impatience, sure, but here are two reasons to sell: You could make money on hyped up stocks like Docebo and Lightspeed, if you are lucky. Second, ask yourself, are there new players in the cloud space that could threaten OTEX? I don't know, but they have been around since the 80s, so they aren't the only ones doing what they do now, are they?