- Application service provider Pegasystems has Process Fabric, a platform for the digitalization of corporations.
- The company has been able to achieve something which has proved difficult for many tech plays, namely balancing growth with profitability.
- Its product is also relevant to corporations willing to reduce the cost of digital transformation.
- However, a court ruling against the company has resulted in the share price falling by over 20%.
- Taking into consideration its ability to exhibit profitable growth, it is better for investors to put the stock on their watchlist for any development as to a potential appeal against the court verdict.
For further details see:
Pegasystems: A Nice Profitable Growth Picture But Somewhat Tainted