When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
CLVT - Clarivate Plc: Still A Buy But Recovery Could Take Longer Than Expected
Clarivate Plc
2024-05-30 14:32:07 ET
Summary
Clarivate reported weak 1Q24 results, with revenue falling and organic growth dipping into negative territory.
Despite the disappointing results, I still believe Clarivate is an attractive buy, as the weak growth is attributed to macroeconomic factors rather than structural issues.
I expect organic growth to recover once the macro environment improves.