JC

@Quality_stocksA $VEEV , $ADP , $ADBE , $FTNT en portefeuille ☺️ + $NEM et $WKL 😅

Software is dead? I don't think so and I have said it multiple times in the last months I am betting on the enterprise software (workflow, security, infrastructure, data) so embedded that switching is not an option. These are not just survivors, they will heavily monetize AI Watch these names 🇺🇸 Servicenow $NOW 🇩🇪 SAP $SAP 🇺🇸 Cadence $CDNS 🇫🇷 Dassault Systemes $DSY 🇺🇸 Salesforce $CRM 🇺🇸 Adobe $ADBE 🇺🇸 Automatic Data Proc $ADP 🇺🇸 Fortinet $FTNT 🇺🇸 Palo Alto Networks $PANW 🇺🇸 Snowflake $SNOW 🇺🇸 Synopsys $SNPS 🇺🇸 Autodesk $ADSK 🇺🇸 Datadog $DDOG 🇨🇦 Kinaxis $KXS 🇺🇸 Veeva $VEEV 🇺🇸 PTC $PTC 🇺🇸 Cloudflare $NET

@Tino_Bourse Hello! Je propose un suivi sur Wolters kluwer et nemetshek et $FOUR

📺 VIDÉO BOURSE HEBDO EN PRÉPA ! 🎥 Demain, on décrypte ensemble les marchés, les opportunités de trading, les opportunités long terme et les tendances à surveiller. Vous investissez ❓ Vous tradez ❓ 👉 Donnez moi vos titres préférés ou ceux que vous surveillez de près à analyser en commentaire (actions 🇫🇷🇺🇸🇳🇱🇧🇪). Vous pouvez aussi poser une question : j’en choisirai une pour “La Question de la Semaine”. 💡 Comme chaque semaine : mes zones d’achat long terme + niveaux clés. À vous de jouer : COMMENTEZ maintenant 👇 #Bourse #Investissement #Trading #CAC40 #Nasdaq #Actions

@Quality_stocksA Simple curiosité, tu préfères lequel des deux?

Evolution $EVO is up 4.2% today Betsson $BETS is up 5.9% following the news of a new acquisition (64M€ financed through existing cash reserves) The gambling sector has been under a lot of pressure lately. Relief rally or turnaround?

@European_DGI Wow! I wished I started investing when the european insurers were cheap

Please find yourself a safe place and sit down….. Ka-BOOM 💥💥 Munich Re hikes dividend by 20% to €24.00 per share 💪💪💪 There are many great European insurers and then there is this German powerhouse 🇩🇪 Simply Lovely 🥰 Discl: long $MUV2

@European_DGI $ASML , $GOOG , $LVMH , $AMAT and $TGT :)

Earnings season has been reshuffling my portfolio top 5 in terms of value: 🐚 Shell PLC 🛒 Koninklijke Ahold Delhaize NV 💻 Microsoft Corp 💊 AbbVie Common Stock ⛽ Exxon Mobil Corp Microsoft was 1st not too long ago. What does your top 5 look like? #StockMarket #Portfolio

@Tino_Bourse Salut Tino, je propose $VEEV , automatic data processing , Constellation softwares et booking ; Merci!

📺 VIDÉO BOURSE HEBDO EN PRÉPA ! 🎥 Demain, on décrypte ensemble les marchés, les opportunités de trading, les opportunités long terme et les tendances à surveiller. Vous investissez ❓ Vous tradez ❓ 👉 Donnez moi vos titres préférés ou ceux que vous surveillez de près à analyser en commentaire (actions 🇫🇷🇺🇸🇳🇱🇧🇪). Vous pouvez aussi poser une question : j’en choisirai une pour “La Question de la Semaine”. 💡 Comme chaque semaine : mes zones d’achat long terme + niveaux clés. À vous de jouer : COMMENTEZ maintenant 👇 #Bourse #Investissement #Trading #CAC40 #Nasdaq #Actions

@European_DGI How do see the earnngs of SAP and NOW ? Do you see Ai as a real threat too them?

Tomorrow we'll record the next #DividendTalk podcast a bit earlier than usual. Obviously, we'll talk about some earnings from this week, but please do let us know if you have any questions 🙏 #Podcast #DividendInvesting #EuropeanFlavour

@nogojiggy Lukaku

Is there a child of any ex pro footballer who actually made it in football?

@Quality_stocksA Très vite Je me tâte à ouvrir une position.

@JcDbry97 C'est allé vite !

Discover Nemetschek $NEM.DE, a leading German software company, and explore the full analysis in the article available on the link 🔗 in my bio

@Quality_stocksA On y est déjà 😅

@JcDbry97 Oui ce n'est pas donné. 74€ semble etre la belle zone fonda + technique

@Quality_stocksA NemetscheK $NEM.de and Veeva System $VEEV

💻 The software sector has been hit hard in 2025, with the downturn accelerating. Is an opportunity emerging? 👇 Below are the YTD performances of selected software stocks Atlassian $TEAM -27% Hubspot $HUBS -22% Servicenow $NOW -17% Applovin $APP -16% Adobe $ADBE -15% Monday $MNDY -14% Datadog $DDOG -12% Autodesk $ADSK -10% Paycom $PAYC -7% SAP $SAP -3% Crowdstrike $CRWD -3%

@DimitryNakhla Almost 1 year later, we are at 420$, has your analysis changed?

A quality valuation analysis on $ROP 🧘🏽‍♂️ •NTM P/E Ratio: 27.19x •5-Year Mean: 28.82x •NTM FCF Yield: 4.35% •5-Year Mean: 4.45% As you can see, $ROP appears to be trading near fair value Going forward, investors can receive ~6% MORE in earnings per share & ~2% LESS in FCF per share 🧠*** Before we get into valuation, let’s take a look at why $ROP is a great business BALANCE SHEET🆗 •Cash & Short-Term Inv: $270M •Long-Term Debt: $7.67B $ROP has an ok balance sheet, a BBB+ S&P Credit Rating, & a healthy 9.61x FFO Interest Coverage Ratio RETURN ON CAPITAL🆗 •2019: 8.2% •2020: 5.0% •2021: 6.3% •2022: 6.2% •2023: 6.8% •LTM: 6.8% $ROP has lower ROIC, however this is mainly due to the acquisitive nature of the business REVENUES✅ •2014: $3.55B •2024E: $7.00B •CAGR: 7.02% FREE CASH FLOW✅ •2014: $802.80M •2024: $2.18B •CAGR: 10.54% NORMALIZED EPS✅ •2014: $6.42 •2024E: $18.26 •CAGR: 11.01% SHARE BUYBACKS🆗 •2014 Shares Outstanding: 100.88M •LTM Shares Outstanding: 107.93M MARGINS✅ •LTM Gross Margins: 69.7% •LTM Operating Margins: 28.6% •LTM Net Income Margins: 21.6% ***NOW TO VALUATION 🧠 As stated above, investors can expect to receive ~6% MORE in EPS & ~2% LESS in FCF per share Using Benjamin Graham’s 2G rule of thumb, $ROP has to grow earnings at a 13.60% CAGR over the next several years to justify its valuation Today, analysts anticipate 2025 - 2027 EPS growth over the next few years to be more than (13.60%) required growth rate: 2024E: $18.26 (9.3% YoY) *FY Dec 2025E: $20.10 (10.1% YoY) 2026E: $22.27 (10.8% YoY) 2027E: $28.31 (27.1% YoY) $ROP has a decent track record of meeting analyst estimates ~2 years out, but let’s assume $ROP ends 2027 with $26.00 (8% below today’s estimates) in EPS & see its CAGR potential assuming different multiples 28x P/E: $728💵 … ~12.0% CAGR 27x P/E: $702💵 … ~10.6% CAGR 26x P/E: $676💵 … ~9.2% CAGR 25x P/E: 650💵 … ~7.8% CAGR As you can see, $ROP appears to have attractive return potential if we assume >27x earnings, a valuation near what it’s trading for today $ROP is an exceptional niche-focused sticky business with predictability & a history of strong FCF growth Today at $531💵 $ROP appears to be fairly valued I’d consider $ROP a great purchase closer to $495 (~25x NTM estimates) roughly 8% below today’s share price This is where I can reasonably expect ~10.40% CAGR assuming a more conservative 25x 2027 earnings estimates (that has been lowered from $28.31 to $26.00), ensuring a substantial margin of safety #stocks #investing ___ 𝐃𝐈𝐒𝐂𝐋𝐎𝐒𝐔𝐑𝐄‼️: 𝐓𝐡𝐢𝐬 𝐢𝐬 𝐍𝐎𝐓 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐀𝐝𝐯𝐢𝐜𝐞. 𝐁𝐚𝐛𝐲𝐥𝐨𝐧 𝐂𝐚𝐩𝐢𝐭𝐚𝐥® 𝐚𝐧𝐝 𝐢𝐭𝐬 𝐫𝐞𝐩𝐫𝐞𝐬𝐞𝐧𝐭𝐚𝐭𝐢𝐯𝐞𝐬 𝐦𝐚𝐲 𝐡𝐚𝐯𝐞 𝐩𝐨𝐬𝐢𝐭𝐢𝐨𝐧𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐬𝐞𝐜𝐮𝐫𝐢𝐭𝐢𝐞𝐬 𝐝𝐢𝐬𝐜𝐮𝐬𝐬𝐞𝐝 𝐢𝐧 𝐭𝐡𝐢𝐬 𝐭𝐰𝐞𝐞𝐭. 𝐓𝐡𝐞 𝐢𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧 𝐜𝐨𝐧𝐭𝐚𝐢𝐧𝐞𝐝 𝐢𝐧 𝐭𝐡𝐢𝐬 𝐭𝐰𝐞𝐞𝐭 𝐢𝐬 𝐢𝐧𝐭𝐞𝐧𝐝𝐞𝐝 𝐟𝐨𝐫 𝐢𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧𝐚𝐥 𝐩𝐮𝐫𝐩𝐨𝐬𝐞𝐬 𝐨𝐧𝐥𝐲 𝐚𝐧𝐝 𝐬𝐡𝐨𝐮𝐥𝐝 𝐧𝐨𝐭 𝐛𝐞 𝐜𝐨𝐧𝐬𝐭𝐫𝐮𝐞𝐝 𝐚𝐬 𝐢𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐚𝐝𝐯𝐢𝐜𝐞 𝐭𝐨 𝐦𝐞𝐞𝐭 𝐭𝐡𝐞 𝐬𝐩𝐞𝐜𝐢𝐟𝐢𝐜 𝐧𝐞𝐞𝐝𝐬 𝐨𝐟 𝐚𝐧𝐲 𝐢𝐧𝐝𝐢𝐯𝐢𝐝𝐮𝐚𝐥 𝐨𝐫 𝐬𝐢𝐭𝐮𝐚𝐭𝐢𝐨𝐧. 𝐏𝐚𝐬𝐭 𝐩𝐞𝐫𝐟𝐨𝐫𝐦𝐚𝐧𝐜𝐞 𝐢𝐬 𝐧𝐨 𝐠𝐮𝐚𝐫𝐚𝐧𝐭𝐞𝐞 𝐨𝐟 𝐟𝐮𝐭𝐮𝐫𝐞 𝐫𝐞𝐬𝐮𝐥𝐭𝐬. 𝐈𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧 𝐜𝐨𝐧𝐭𝐚𝐢𝐧𝐞𝐝 𝐢𝐧 𝐭𝐡𝐢𝐬 𝐭𝐰𝐞𝐞𝐭 𝐡𝐚𝐬 𝐛𝐞𝐞𝐧 𝐨𝐛𝐭𝐚𝐢𝐧𝐞𝐝 𝐟𝐫𝐨𝐦 𝐬𝐨𝐮𝐫𝐜𝐞𝐬 𝐛𝐞𝐥𝐢𝐞𝐯𝐞𝐝 𝐭𝐨 𝐛𝐞 𝐫𝐞𝐥𝐢𝐚𝐛𝐥𝐞, 𝐛𝐮𝐭 𝐢𝐬 𝐧𝐨𝐭 𝐠𝐮𝐚𝐫𝐚𝐧𝐭𝐞𝐞𝐝 𝐚𝐬 𝐭𝐨 𝐜𝐨𝐦𝐩𝐥𝐞𝐭𝐞𝐧𝐞𝐬𝐬 𝐨𝐫 𝐚𝐜𝐜𝐮𝐫𝐚𝐜𝐲.

@DimitryNakhla @DimitryNakhla any other saas company on your radar? $VEEV ?

@JcDbry97 Awesome 💪🏽

A quality valuation analysis on $NOW 🧘🏽‍♂️ •NTM P/E Ratio: 52.28x •3-Year Mean: 34.73x •NTM FCF Yield: 3.61% •10-Year Mean: 2.49% As you can see, $NOW appears to be trading below fair value Going forward, investors can expect to receive ~50% MORE in earnings per share & ~45% MORE in FCF per share🧠*** Before we get into valuation, let’s take a look at why $NOW is a quality business BALANCE SHEET✅ •Cash & Equivalents: $5.41B •Long-Term Debt: $1.49B $NOW has a strong balance sheet, an A S&P Credit Rating & 210x FFO Interest Coverage Ratio RETURN ON CAPITAL❌➡️✅ •2021: 4.3% •2022: 5.2% •2023: 8.1% •2024: 11.8% •LTM: 13.3% RETURN ON EQUITY❌➡️✅ •2021: 7.0% •2022: 7.4% •2023: 27.3% •2024: 16.5% •LTM: 16.8% $NOW return metrics are improving & trending in the right direction — a sign the business is becoming more efficient REVENUE✅ •2020: $4.52B •2025E: $13.24B •CAGR: 23.97% FREE CASH FLOW✅ •2020: $1.37B •2025E: 26.79% NORMALIZED EPS✅ •2020: $0.93 •2025E: $3.48 •CAGR: 30.20% SHARE BUYBACKS❌ •2019 Shares Outstanding: 986.12M •LTM Shares Outstanding: 1.05B MARGINS🆗 / ✅ •LTM Gross Margins: 78.1% •LTM Operating Margins: 14.4% •LTM Net Income Margins: 13.7% SGA is $NOW largest expense eating ~41% of LTM revenue, something to keep an eye on ***NOW TO VALUATION 🧠 As stated above, investors can expect to receive ~50% MORE in EPS & ~45% MORE in FCF per share Using Benjamin Graham’s 2G rule of thumb, $NOW has to grow earnings at a 17.37% CAGR over the next several years to justify its valuation Today, analysts anticipate 2026 - 2028 EPS growth over the next few years to be slightly less (16.84%) than the (17.37%) required growth rate: 2025E: $3.48 (25% YoY) *FY Dec 2026E: $4.08 (17% YoY) 2027E: $4.89 (20% YoY) 2028E: $5.57 (14% YoY) $NOW has an excellent track record of meeting analyst estimates ~2 years out, so let’s assume $NOW ends 2028 with $5.57 in EPS & see its CAGR potential assuming different multiples 34x P/E: $189💵 … ~12.2% CAGR 33x P/E: $184💵 … ~11.1% CAGR 32x P/E: $178💵 … ~9.9% CAGR 31x P/E: $173💵 … ~8.8% CAGR 30x P/E: $167💵 … ~7.6% CAGR 29x P/E: $161💵 … ~6.4% CAGR As you can see, we’d have to assume a >34x multiple for $NOW to have attractive return potential At 32x earnings $NOW has ok CAGR potential Given its -40% drawdown, $NOW appears to be fairly valued today at $135💵 Yes, $NOW is the workflow operating system for large enterprises, automating & governing critical work across IT, HR, security, & customer service Once embedded, it becomes deeply integrated into how the organization runs, creating high switching costs & powerful long-term expansion With AI layered onto these workflows, $NOW can increasingly automate & execute work end-to-end Yet, today’s price offers little margin of safety I consider $NOW a strong consideration with a decent margin of safety at $110💵, where I can reasonably expect ~13% CAGR while assuming a more conservative 28x ___ 𝐃𝐈𝐒𝐂𝐋𝐎𝐒𝐔𝐑𝐄‼️ 𝐓𝐡𝐢𝐬 𝐜𝐨𝐧𝐭𝐞𝐧𝐭 𝐢𝐬 𝐩𝐫𝐨𝐯𝐢𝐝𝐞𝐝 𝐟𝐨𝐫 𝐢𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧𝐚𝐥 𝐚𝐧𝐝 𝐞𝐝𝐮𝐜𝐚𝐭𝐢𝐨𝐧𝐚𝐥 𝐩𝐮𝐫𝐩𝐨𝐬𝐞𝐬 𝐨𝐧𝐥𝐲 𝐚𝐧𝐝 𝐝𝐨𝐞𝐬 𝐧𝐨𝐭 𝐜𝐨𝐧𝐬𝐭𝐢𝐭𝐮𝐭𝐞 𝐢𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐚𝐝𝐯𝐢𝐜𝐞, 𝐚𝐧 𝐨𝐟𝐟𝐞𝐫, 𝐨𝐫 𝐚 𝐬𝐨𝐥𝐢𝐜𝐢𝐭𝐚𝐭𝐢𝐨𝐧 𝐭𝐨 𝐛𝐮𝐲 𝐨𝐫 𝐬𝐞𝐥𝐥 𝐚𝐧𝐲 𝐬𝐞𝐜𝐮𝐫𝐢𝐭𝐲. 𝐁𝐚𝐛𝐲𝐥𝐨𝐧 𝐂𝐚𝐩𝐢𝐭𝐚𝐥® 𝐚𝐧𝐝 𝐢𝐭𝐬 𝐫𝐞𝐩𝐫𝐞𝐬𝐞𝐧𝐭𝐚𝐭𝐢𝐯𝐞𝐬 𝐦𝐚𝐲 𝐡𝐨𝐥𝐝 𝐩𝐨𝐬𝐢𝐭𝐢𝐨𝐧𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐬𝐞𝐜𝐮𝐫𝐢𝐭𝐢𝐞𝐬 𝐝𝐢𝐬𝐜𝐮𝐬𝐬𝐞𝐝. 𝐀𝐧𝐲 𝐨𝐩𝐢𝐧𝐢𝐨𝐧𝐬 𝐞𝐱𝐩𝐫𝐞𝐬𝐬𝐞𝐝 𝐚𝐫𝐞 𝐚𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐝𝐚𝐭𝐞 𝐨𝐟 𝐩𝐮𝐛𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧 𝐚𝐧𝐝 𝐬𝐮𝐛𝐣𝐞𝐜𝐭 𝐭𝐨 𝐜𝐡𝐚𝐧𝐠𝐞 𝐰𝐢𝐭𝐡𝐨𝐮𝐭 𝐧𝐨𝐭𝐢𝐜𝐞. 𝐈𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧 𝐡𝐚𝐬 𝐛𝐞𝐞𝐧 𝐨𝐛𝐭𝐚𝐢𝐧𝐞𝐝 𝐟𝐫𝐨𝐦 𝐬𝐨𝐮𝐫𝐜𝐞𝐬 𝐛𝐞𝐥𝐢𝐞𝐯𝐞𝐝 𝐭𝐨 𝐛𝐞 𝐫𝐞𝐥𝐢𝐚𝐛𝐥𝐞 𝐛𝐮𝐭 𝐢𝐬 𝐧𝐨𝐭 𝐠𝐮𝐚𝐫𝐚𝐧𝐭𝐞𝐞𝐝 𝐚𝐬 𝐭𝐨 𝐚𝐜𝐜𝐮𝐫𝐚𝐜𝐲 𝐨𝐫 𝐜𝐨𝐦𝐩𝐥𝐞𝐭𝐞𝐧𝐞𝐬𝐬. 𝐏𝐚𝐬𝐭 𝐩𝐞𝐫𝐟𝐨𝐫𝐦𝐚𝐧𝐜𝐞 𝐝𝐨𝐞𝐬 𝐧𝐨𝐭 𝐠𝐮𝐚𝐫𝐚𝐧𝐭𝐞𝐞 𝐟𝐮𝐭𝐮𝐫𝐞 𝐫𝐞𝐬𝐮𝐥𝐭𝐬.

@Tino_Bourse Salut! Je propose de jeter un coup d’œil au entreprise des logiciels. La chute est belle, mes zones sont prêtes. Curieux d’avoir les tiennes: $CSU $MUM.de $VEEV $NEM.de $INTU $NOW $SAP $ROP Merci! 🙏🏻

📺 VIDÉO BOURSE HEBDO EN PRÉPA ! 🎥 Demain, on décrypte ensemble les marchés, les opportunités de trading, les opportunités long terme et les tendances à surveiller. Vous investissez ❓ Vous tradez ❓ 👉 Donnez moi vos titres préférés ou ceux que vous surveillez de près à analyser en commentaire (actions 🇫🇷🇺🇸🇳🇱🇧🇪). Vous pouvez aussi poser une question : j’en choisirai une pour “La Question de la Semaine”. 💡 Comme chaque semaine : mes zones d’achat long terme + niveaux clés. À vous de jouer : COMMENTEZ maintenant 👇 #Bourse #Investissement #Trading #CAC40 #Nasdaq #Actions

@Quality_stocksA Very Nice list! I Would add $VEEV , $CSU , $BSY and $ROP

⚠️ Note to Wall Street analysts: the real value of B2B software is barely replaceable by AI 💡 Have you ever worked inside a company and seen how deeply embedded and complex its IT systems are? These systems are mission-critical to day-to-day operations and switching costs are enormous 🤖 AI will not replace these software. It will enhance them. The real way to scale AI adoption in enterprises is by integrating it into existing platforms not by ripping and replacing core systems As a result, we are likely to see the following dynamics: ✔️ Major B2B software companies with high switching costs will remain entrenched ✔️ They will roll out AI features and successfully monetize them ✔️ Data quality will be the real differentiator for effective AI deployment. Today, data is largely unstructured, and in many cases AI remains cosmetic rather than transformative ✔️ The SaaS transition of the past decade will accelerate AI deployment and adoption ✔️ Smaller, more agile, niche AI players will increasingly be acquired by larger platforms and integrated into their ecosystems 🔍 I therefore believe that the current challenges facing these players are short-term in nature, while their long-term outlook remains strong 🏆 Here are some ideas of stocks with strong fundamentals and ability to monetize AI Dassault Systemes $DSY Salesforce $CRM SAP $SAP PTC $PTC Synopsys $SNPS Nemetschek $NEM Servicenow $NOW Manhattan $MANH Wisetech $WTC Atlassian $TEAM Adobe $ADBE Autodesk $ADSK

@fuckthedip Très n’intéressant!

Mon premier article sur substack, j'ai essayé de ne pas faire long même s'il y avait beaucoup de choses à dire, le sujet est sur l'avenir du luxe en Chine open.substack.com/pub/marcbondin…

@European_DGI I have a new sin stock on my radar. $NLPC Newlake capital. triple net lease REIT with a 11% yield that is renting space too canabis operators.The Numbers look good and it is trading at low valuation compared to it’s historical (7x ffo). would that be a Space you could invest in?

Tomorrow we’re recording the next episode of Dividend Talk 🎙️ Got any questions you’d like us to cover? Drop them below 👇 #podcast #dividends #investing

@QualityInvest5 $ADP and FOUR!

Doing a video "ranking the moat" of companies Got 46 names already, which ones should I add/remove?

@Quality_stocksA +230% depuis que j’ai ouvert une position sur $LRCX en avril Ça devient légèrement abusé 😅

What a performance from the chip equipment makers in 2026. Here is how they’ve performed over the past week: ACM Research $ACMR 33.9% LAM Research $LRCX 27.0% ASM International $ASM 20.0% ASML $ASML 17.4% Applied Materials $AMAT 16.2% KLA Corporation $KLAC 14.9% BE Semiconductor $BESI 13.0% This move is being driven by expectations of renewed shortages across the semiconductor supply chain, a familiar & cyclical pattern for anyone who has followed the sector over time Delivering a full year’s worth of performance in a single week is, once again, a reminder that caution is warranted