Dear Reader, How do you spot a bargain opportunity in the stock market? For me, it’s when a stock’s underlying business grows…yet its share price goes down. Such is the case with this tech stock I want to tell you about. It’s a $1 billion tech company that operates in a very specific niche — hotels. With travel gearing back to pre-pandemic levels, it’s in the perfect position to capitalise on a potential boom in the sector. No wonder the company has managed to grow revenue 30% year-on-year. And with a global market share of just 3.47%, there’s still massive room for growth. Best of all, this stock is cheap right now. Rampant inflation and interest rate hikes in 2022 ravaged the ASX tech sector, bringing it down to around $3.30 at time of writing. That’s more than a 45% drop from its $7 high. I believe it’s one of the best bargain stocks I’ve seen recently, though I have no idea how long it will remain this low. So my advice is to check it out ASAP while it’s still cheap. You can read about this stock in my updated briefing. Click here to access. Regards, Callum Newman, Editor, Australian Small-Cap Investigator |