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Descartes Systems Group Inc DSGX


Primary Symbol: T.DSG

The Descartes Systems Group Inc. is focused on logistics and supply chain management business processes. It provides on-demand, software-as-a-service (SaaS) solutions focused on improving the security and sustainability of logistics-intensive businesses. The Company allows customers to use its modular, SaaS solutions to route, track and help improve the safety, compliance of delivery resources; plan, allocate and execute shipments; rate, audit and pay transportation invoices; access global trade data; file customs and security documents for imports and exports; and complete other logistics processes by participating in the multimodal logistics community. Its solutions include cloud-based and consist of B2B service connectivity and messaging, broker and forwarder enterprise systems, global trade intelligence, regulatory compliance, e-commerce shipping, transportation management and routing. It also provides customs declaration software for logistics services providers and shippers.


TSX:DSG - Post by User

Post by retiredcfon Jun 05, 2024 6:16pm
84 Views
Post# 36074082

Analyst Recommendation

Analyst RecommendationWas asked about OTEX but DSG was his preference. And I think we've already had the weakness. GLTA

BUY ON WEAKNESS
Descartes(DSG-T)
05/06/2024
 
Worried about software growth if you're not AI?
Yes, but it's also about international trade, so it could sell off again. But if you pull up the 5-10 year chart, it's a thing of beauty, and that's what you're trying to invest in. Exceptionally well managed, steady compounder. Always looks expensive, but whenever you buy it seems to be up 15-20% a year later. This dip is a great time to buy.
Computer Software / Processing

Jason Donville
$126.650
No
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