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SAP SE (SAP): A Bull Case Theory

We came across a bullish thesis on SAP SE (SAP) on Substack by Northwest Frontier Capital. In this article, we will summarize the bulls’ thesis on SAP. SAP SE (SAP)'s share was trading at $288.87 as of Feb 11th. SAP’s trailing and forward P/E were 105.82 and 44.25 respectively according to Yahoo Finance.

[caption id="attachment_1213915" align="aligncenter" width="768"] A business professional in a room with multiple screens reviewing analytics of digital inventory.[/caption]

SAP's recent results may have prompted muted reactions due to concerns over a slight deceleration in...