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Sage Group is still a friend of mine

By Chris Bailey | Friday 14 May 2021

Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

I have been a fan of multinational enterprise software company Sage Group (SGE) for a while now. However  as I observed in a piece here last year  the reason I bought the stock was based on my hope of seeing it return to the 800 pence share price level it achieved during 2018 and 2019. We are nowhere near there yet, so is there still plenty of reason to be optimistic or not?

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