Kinaxis

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Stock kinaxis has been dropping since last week.

Should I take advantage and buy more shares or hold?

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Asked on November 17, 2020 8:13 am
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Hi there,

That really is up to you to decide - do you already have a full position? Only half a position? Has your investment thesis changed? What is your investment horizon? Many factors that go into such a decision and each are tied to one's own investment plan. That being said, we recently issued a custom report on Kinaxis and you can see our thoughts on the company here:

https://www.stocktrades.ca/premium/custom-stock-reports/kinaxis-kxs/

In short, good company and it should continue to see strong demand for its product but the last run up in price was perhaps a little overdone hence the recent price dip. Worth noting however, that tech in general has seen a meaningful pullback as of late.

Mat

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Posted by Mathieu Litalien
Answered on November 17, 2020 8:31 am