SAP shares trade at €90, or 20 times forecasted forward-year earnings, above Oracle’s P/E of 17. That valuation is “more than reasonable” for a business “growing organically and sustainably at close to 10% in a low-growth world,” Segal says.
Tired of the FANG gang? These 2 tech stocks look like they’re in the same class
|
By admin
Filed in: SAP Oracle