Is OTEX a good stock to buy? We came across a bullish thesis on Open Text Corporation on Valueinvestorsclub.com by nha855. In this article, we will summarize the bulls’ thesis on OTEX. Open Text Corporation’s share was trading at $21.37 as of June 25th. OTEX’s trailing and forward P/E were 10.38 and 4.86 respectively according to Yahoo Finance.
Copyright: welcomia / 123RF Stock Photo
Open Text Corporation designs, develops, markets, and sells information management software and...
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When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.
Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.
At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.
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Put another way, that’s roughly equal to:
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Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.
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