
TSE:OTEX
This summary was created by AI, based on 22 opinions in the last 12 months.
Open Text (OTEX) has received a mixed bag of reviews from industry experts. Several commentators highlighted concerns regarding the company's growth prospects, citing a low organic growth rate of 1-2% and significant challenges posed by the rise of AI technologies, which may disrupt traditional software pricing models. Some experts described it as deeply undervalued with a low PE ratio of 5.2x and a 4% dividend yield, arguing that it could be a buying opportunity for long-term investors. However, many stressed the importance of cautious investment, pointing to a broken long-term pattern in its chart and advising against purchasing at current levels. The overall sentiment suggests that while it's a value stock, risks remain about its management, acquisition strategy, and ability to adapt to changing market conditions.
He just bought a lot of this and likes tech, especially those that grow by acquiring like OTEX. It's been good at finding additional products to include in their packages. He likes this for the long-haul. Tech is a safe space in the coming 12-18 months. Canadian tech is cheaper than the U.S. FAANGs, though he owns Netflix and Disney.
Prefers this to Shopify. Less demanding multiple at 14-15x. Doesn't have the 30-40% gut-wrenching pullbacks, and sometimes boring is beautiful.