2024-07-05 08:18:03 ET
Summary
- Procore Technologies is recommended as a buy due to its potential to gain market share in the digitizing construction industry.
- PCOR's cloud-native platform targets a large market with room for growth, especially as the industry transitions to digital solutions.
- PCOR's new payment module and unlimited user pricing model are expected to support its growth and increase platform stickiness.
Investment summary
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Procore Technologies: Well-Positioned To Benefit From The Construction Industry Digitization Trend