SAP: The Perfect Contrarian Play Against 'Software Is Dead'

Group 1 - SAP, one of the largest global software companies, has experienced a share price decline of approximately 12% from its recent highs amid a broader selloff in the software sector [1] - The investment strategy focuses on acquiring companies with strong qualitative attributes at attractive prices based on fundamentals, with a long-term holding approach [1] - The portfolio management aims to avoid underperforming stocks while maximizing exposure to high-potential winners, often resulting in a 'Hold' rating for companies with limited growth opportunities or high downside risks [1]