2024-04-20 18:00:00 ET
Summary
- Teleperformance stock price has fallen almost 40% since my last article published in November 2023 and is now down almost 80% from its all-time high.
- As will be explained, TP stock is now priced for terminal decline - despite still solid fundamentals.
- The stock is undervalued and offers a significant margin of safety, even in a very conservative valuation scenario.
- I recently initiated a position in TLPFF stock and consider it a strong buy at the current price of €87 per share.
Introduction
Back in November 2023, I wrote my first article on multinational business services provider Teleperformance SE ( TLPFF , TLPFY ). At the time, TP shares were trading at around €140, well below their all-time high of €400 in 2021. What looked like a deep value opportunity at first glance, however, turned out to be not that cheap after all considering the challenges of the business....
Read the full article on Seeking Alpha
For further details see:
Teleperformance: This Hidden Anti-AI Stock Is Now A Strong Buy (Rating Upgrade)