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Manhattan Associates (MANH) could produce exceptional returns because of its solid growth attributes.
Manhattan Associates (MANH) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Manhattan Associates (MANH) is well positioned to outperform the market, as it exhibits above-average growth in financials.
Manhattan Associates, Inc. (NASDAQ:MANH ) Q3 2023 Earnings Conference Call October 24, 2023 4:30 PM ET Company Participants Michael Bauer - Head, Investor Relations Eddie Capel - President and CEO Dennis Story - EVP and CFO Conference Call Participants Terry Tillman - Truist Securities Brian Peterson - Raymond James Joe Vruwink - Baird Mark Schappel - Loop Capital Markets Operator Good afternoon. My name is Robert and I'll be your conference facilitator today.
Manhattan Associates (MANH) came out with quarterly earnings of $1.05 per share, beating the Zacks Consensus Estimate of $0.77 per share. This compares to earnings of $0.66 per share a year ago.
The tech sector has been hit hard by the market volatility and the uncertain macroeconomic outlook in September 2023. Many investors have been selling their tech stocks.
Manhattan Associates provides supply chain and inventory management software and services globally. The company has performed well in the past year but is facing increasing pressures in an uncertain macro environment. The worldwide market for supply chain management software is expected to grow at a CAGR of 10.7% from 2021 to 2030.
We have selected five Nasdaq Composite-listed technology stocks that have strong potential for the rest of 2023. These are: NVDA, PCTY, WDAY, SMCI, MANH.
Manhattan Associates (MANH) could produce exceptional returns because of its solid growth attributes.
Any dip in U.S. stock prices following Fitch's sovereign rating downgrade will provide a good opportunity to accumulate stocks. Five such stocks are: MANH, UBER, UAL, LYV, TTD.