N-Able: Poor Near-Term Growth Outlook Continues To Weigh On The Stock

I recommended a hold rating for N-able (NYSE: NABL ) when I wrote about it in August, as I expected the transitionary tailwinds to impact NABL’s valuation. Based on my current outlook and analysis, I continue to recommend aI consider an investment ideal if it performs its core business in a sector projected to experience structural (organic) growth in excess of GDP growth over the next 5-10 years; profits from sustainable competitive advantages that translate into attractive unit economics; In the hands of ...