Tech stock is rhipe for the picking
Finfeed
Archived
Nov 19, 2018
Tech group, Rhipe (ASX:RHP), is this week’s Speculate stock, and although it has performed strongly, the company trades on a very high multiple, such that it is priced for perfection. Such companies are traditionally punished if they underperform the market’s high expectations, so we will be examining a few aspects of the stock in order to assess its ability to maintain what to date has been an outstanding record.