Is Citrix Systems Stock Still Attractive At $135

After a modest 11% growth since March 23, Citrix Systems stock (NASDAQ: CTXS) looks fully valued based on its historic Price to Sales (P/S) multiples. Citrix Systems, a cloud-based enterprise software provider, has seen its stock rally from $122 to $135 off the recent bottom compared to the S&P which moved around 50%. The stock is lagging the overall markets by a margin, as investors are cautious about the stock sell-off by company insiders over the recent months. Notably, the technology stocks have also seen some negative movement since September 2nd due to a stint of profit-taking after a strong run – CTXS’s stock is down 9% in the past one month. Despite this, the stock is still

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Priority Technology Holdings – Cheap Growth Story With Attractive Upside (NASDAQ:PRTH)

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Source: Self-created

Investment Thesis

PRTH is the 11th largest merchant acquirer in the US, trades cheap to comps, has returned to growth, and potentially has 2-3x upside from current prices. Many of the headwinds have been cycled and as the market realizes the story should converge to comps.

Situation Overview

PRTH has had a challenging 2 years with a damaging change in Mastercard e-commerce standards, accounting revision, and COVID. Since then, multiple things in the story have now changed that deserve a 2nd look. First, the company grew organically and cycled MA/V related subscription e-commerce changes in 4Q. Second, they hired a

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