Tuesday, January 24, 2017

SAP Grows on Sturdy IoT, Cloud Prospects; Macro Woes Stay - NASDAQ.com

SAP Grows on Sturdy IoT, Cloud Prospects; Macro Woes Stay - NASDAQ.com: "We issued an updated research report on German software giant -  SAP SE SAP - on Jan 9, 2017. Headquartered in Walldorf, Germany, SAP is one of the largest independent software vendors in the world and the leading provider of enterprise resource planning ("ERP") software. Over the past six months, SAP's shares recorded an average return of 13.4%, outperforming the Zacks categorized Computer Software-Services industry average return of 10.5%. However, the company has a dismal track record as far as earnings are concerned, having missed estimates thrice in the trailing four quarters, with an average negative surprise of 1.8%." Read full article at NASDAQ.com.