French PLM software leader Dassault Systemes (OTCPK:DASTY)
is part of the reason I’m much too gray for somebody in their 40s –
while I love the business that the company is in, and its leverage to
the ongoing “digitalization” of the manufacturing sector, the valuation
is pretty brutal for someone who considers themselves a GARP investor.
Although I think investors who put more emphasis on the “Guh” part will
be happy with the growth that Dassault delivers in the coming years, the
valuation is just too much of a sticking point for me right now… even
though it really won’t surprise me if I’m reading this three years from
now and thinking, “man… I should have just bought it anyway”.
Click here for more:
Dassault Looks Well-Placed For The Next Era Of Manufacturing, But Valuation Is Problematic
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