Back on REAL..

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Thoughts on this one? https://www.fool.ca/2020/11/24/tsx-tech-stocks-is-real-matters-stock-still-a-good-buy/ you look at its climb to circa 32$ … then it goes to today’s price of 20.50$… Are these tech stocks ones to be mindfull off? Or just buy – and put in long term basket?

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Asked on November 27, 2020 5:43 am
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HI there,

REAL is one of our BULL List stocks and we just updated a report on the company this past weekend: https://www.stocktrades.ca/premium/our-growth-picks/real-matters-real-to/

Nothing has changed since this report, with the exception that it has gotten slightly cheaper. Of note both myself and Dan own the stock, and I recently added to my position in this downtrend.

These SaaS tech stocks are going to be highly volatile, especially around earnings. Given this, they do bring with them additional risk and are not for the defensive investor. As always, we never invest with a short term mindset - we always focus on the long-term. In REAL's case, we believe the long-term prospects of the company remain strong.

Regards,

Mat

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Posted by Mathieu Litalien
Answered on November 27, 2020 8:56 am