Free Stock Tips

Hi Everybody,

Our second alert for Wednesday:
WANdisco
Exchange – AIM
Symbol – WAND
Last trade – 535.00p

• WANdisco’s share price has been hit by the recent shift in sentiment against big data stocks – even as some of them have announced strong results.

• While this is disappointing, we believe that nothing has changed from WANdisco’s perspective and we have not seen any signs of a slowdown or any threat in the adoption of Hadoop as the leading framework at the heart of big data processing.

• With the share price declining by 70% from its peak, we feel that the market has overreacted.

• Ahead of the Q2 bookings update in mid/early July, we are keeping our forecasts unchanged and maintain our stance of buy, with a target price of 1,473p.

As always, do your own research, don’t chase gaps, use limit orders to enter positions, always use stop loss orders to protect your position, and take profits when you are in a position to do so.

Good Trading