Karooooo Ltd.(NASDAQ:KARO): The growing adoption of big data across industries is boosting the prospects of the cloud computing market. Moreover, cloud infrastructure spending is expected to increase substantially this year. Thus, we think cloud computing stocks Karooooo (KARO), Telefónica (TEF), KT Corporation (KT), Millicom International (TIGO), and Rimini Street (RMNI), which are trading at a discount, could be ideal investments. Read on…
Karooooo's (KARO) growth is strong and shows no signs of slowing. KARO is overlooked by the market and undervalued. See why I rate KARO stock as a buy.
Karooooo Ltd. (NASDAQ:KARO – Get Rating) was the target of a significant drop in short interest in April. As of April 30th, there was short interest totalling 9,100 shares, a drop of 31.1% from the April 15th total of 13,200 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an […]
Karooooo Ltd. (NASDAQ:KARO – Get Rating) – William Blair lowered their Q1 2023 earnings estimates for Karooooo in a report issued on Thursday, April 28th. William Blair analyst M. Pfau now forecasts that the company will earn $0.27 per share for the quarter, down from their previous estimate of $0.29. William Blair also issued estimates […]