OPRA - Opera: A Good Buy Ahead Of The Q4 Event
2024-02-12 22:23:27 ET
Summary
- Opera has lost -28% of its value over the last six months, thus severely underperforming its benchmark, which has generated solid positive returns of +20%.
- OPRA will have the opportunity to make up for lost ground with a potential catalyst on the agenda - the Q4 results are due to be announced this month.
- We cover the major themes that will dominate the event.
- We close with our optimistic stance on the OPRA stock.
Introduction
Opera Limited ( OPRA ), a business that has been around for 27 odd years, and is primarily noted for its eponymous browser hasn’t done a great job of generating alpha for its shareholders off late. For context, over the past six months, it has grossly underperformed its tech-heavy benchmark (which has generated returns of ~20% during the corresponding period), giving up 28% of its value....
Opera: A Good Buy Ahead Of The Q4 Event