Rayeiris Maduro Rondon @Rayeiris: "✨𝑷𝒐𝒓𝒕𝒇𝒐𝒍𝒊𝒐 𝒓𝒊𝒔𝒆𝒔 +8.08% 𝑼𝒑 𝒊𝒏..."

Spain

✨𝑷𝒐𝒓𝒕𝒇𝒐𝒍𝒊𝒐 𝒓𝒊𝒔𝒆𝒔 +8.08% 𝑼𝒑 𝒊𝒏 𝑱𝒖𝒍𝒚 𝒘𝒉𝒊𝒍𝒆 𝒕𝒉𝒆 𝑰𝒏𝒅𝒆𝒙 𝒌𝒆𝒑𝒕 𝒂𝒕 -0.13%.✨ Mostly because of $9988.HK (Alibaba Group Holding Ltd (Hong Kong)) / $BABA (Alibaba-ADR) performance, +26%/+27% still, we’re buying a massive conglomerate at discount Then we have the recovery of $TMV.DE (TeamViewer AG) +22% closed in July. After a long time of software pessimism, this rise shows a better understanding of the necessity of software even in an era where you can create your own software, but it still needs security, reliability, and continuous maintenance and development. This is where the MOAT is created. Remember that TMV is more than a remote access platform, the Company’s product portfolio comprises software solutions infused with artificial intelligence (AI) that support remote access, IT automation, Digital Employee Experience (DEX), secure connectivity, and the digitalization of industrial processes. I consider that, from now on, TMV’s future integrates the consolidation of the 1E acquisition, and management is optimistic about the second half of the year results. With more customers signing long-term contracts in both their TMV ONE, and DEX solutions (this includes two leading global financial services groups, a large US hospital system, and one of the largest airlines worldwide, as they mentioned in their press release) New alliances with ServiceNow will perform towards a new era for TeamViewer, having access to the global enterprise customer base, where TMV makes the most of the profits and performs better. We bought TMV as a strong company, not expecting a tenbagger, but a reliable source of steady growth. Today the company trades at 7x price-to-earnings, while the industry’s mean is 15-20x, and in the US 20-30x. The forecast is a growth of 0 to +3%, with EBITDA margins of 43.2%. 1E acquisition was bold, and the market penalised the company, but today we’re seeing strong integration and a better future for the company. 🟢 You can find TeamViewer in my portfolio as a TOP 5 position. Take advantage of its great prospects and low valuation by copying me. Since inception, my portfolio has returned +146%, or over a 27% compounded annual return. $SPX500 $UK100 $AUS200

Not investment advice. The author may have financial interests in the mentioned instruments.