N-able: Stock Has Limited Upside In The Near Term

I recommended a hold rating for N-able (NYSE: NABL ) when I wrote about it last November, as I expected the uncertain near-term performance to weigh on the stock, despite my positive medium-term outlook. Based on my current outlook andI 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 t ...