Reported 2 days ago
Jim Cramer discusses SAP SE (NYSE:SAP), the leading provider of enterprise resource planning software, noting that its stock dipped 5% in July despite a year-to-date gain of 19.5%. Although the company’s earnings per share exceeded estimates, its revenue fell short, prompting concerns about its growth prospects. Cramer expressed surprise that the stock didn’t decline further, attributing the optimism to investor loyalty and perceptions of the company's conservative guidance.
Source: YAHOO