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Globant S.A. (GLOB): A Bull Case Theory 

We came across a bullish thesis on Globant S.A. on Value & Momentum by Denis D.’s Substack. In this article, we will summarize the bulls’ thesis on GLOB. Globant S.A.'s share was trading at $55.47 as of February 11th. GLOB’s trailing and forward P/E were 25.33 and 8.93 respectively according to Yahoo Finance.

Globant S.A., together with its subsidiaries, provides technology services worldwide. GLOB has experienced a sharp 73% decline year-to-date, yet the market’s pessimism appears overdone given the company’s positioning for a strong rebound. Core...