bullish
Confluent - Opening a New Market Opportunity
SUMMARY
- When I first came across Confluent, I quickly dismissed it because it was expensive. At the time, it was trading at 40x P/S and I couldn’t justify that sort of stock price.
- But fortunately I have had the chance the accumulate more at depressed levels.
- Obviously, Confluent was caught up in the tech bubble and its inevitable bursting which may leave its chart looking unattractive at first glance.
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