SAP Stock Up 50% in the Past Year: Will the Momentum Last?
SAPSAP(SAP) ZACKS·2024-08-12 21:41

SAP SE’s (SAP) stock is continuing its upward trajectory, with a gain of 50% in the past year compared with 18.6% and 19.8% growth of the S&P 500 composite and the sub-industry, respectively.The company is one of the largest independent software vendors in the world and the leading provider of enterprise resource planning (ERP) software. SAP boasts an extensive partner ecosystem with 20,000 plus partners worldwide in more than 140 countries.SAP’s strong financial performance is buoying the stock trajectory. ...