Stem Drops 13% in a Month: Are the Shares Worth Buying on the Dip?
Stem’s (STEM) shares have lost 13% in the past month, underperforming the broader Zacks Computer and Technology sector’s 7.1% drop and the Zacks Computers - IT Services industry’s 9.8% decline.STEM shares have underperformed industry peers like Amdocs (DOX) , CDW Corp. (CDW) and Infosys (INFY) .Over the same timeframe, Amdocs shares have returned 2.2%, while CDW Corp. and Infosys have experienced declines of 5.5% and 10.5%, respectively.The underperformance can be attributed to the disappointing fourth-quar ...