Still, the brokerage says it would view any further
share price weakness as «an attractive entry point,» and maintains an overweight recommendation on the stock.
We have followed WPP for some time, and due to its
recent share price weakness, we were able to initiate a position at a discount to our estimate of the company's underlying value.
Although the company's second - quarter earnings were in line with expectations, the vague and downbeat nature of the company's recent earnings call concerned investors and
caused share price weakness.
Deep value remains within some European and Asian banks, but one of the benefits of our systematic approach is our buy and sell discipline, taking profits when stocks rally and
using share price weakness as a buying opportunity.
GAN is still ridiculously over-valued — and still in a hole so deep, it may take a lot more dilution &
share price weakness before we're through... The one giant saving grace here — which may explain the presence of Dermot Desmond with a 4.6 % placeholder stake — is the network of (mostly simulated gaming) relationships that GAN's building up with local casinos across the US.
Recent
share price weakness had created a good buying opportunity, particularly as there were signs of a recovery in the US legal market.