Markets

Insider Trading

Hedge Funds

Retirement

Opinion

Is Elastic N.V. (ESTC) A Good Stock To Buy Now? 

Is ESTC a good stock to buy? We came across a bullish thesis on Elastic N.V. on High Growth Investing’s Substack by Stefan Waldhauser. In this article, we will summarize the bulls’ thesis on ESTC. Elastic N.V.'s share was trading at $48.39 as of April 21st. ESTC’s trailing and forward P/E were 125.08 and 17.06 respectively according to Yahoo Finance.

Elastic N.V., a search artificial intelligence (AI) company, provides software platforms to run in hybrid, public or private clouds, and multi-cloud environments in the United States and internationally. ESTC remains in the...