NICE Gains 11% in 3 Months: Should You Buy, Sell or Hold the Stock?

NICE’s (NICE) shares have gained 10.9% over the past three months, outperforming the Zacks Computer & Technology sector’s return of 10.2%.The rise in share price can be attributed to robust growth in the cloud business, which accounted for 72.5% of total revenues and saw 24% year-over-year growth in the third quarter of 2024. The widespread adoption of AI solutions, including the successful launch of products such as Autopilot and Copilot, coupled with significant wins in major enterprise deals, played an i ...