There are fears in the markets right now, and for good reason — tariffs are an unknown concern for many companies dealing in physical goods. That can then have ripple effects, all of which can be scary for investors.
Here’s a recent winner that doesn’t deal in physical goods: Atlassian Corp (NASDAQ: TEAM), a digital project management system. Despite everything else happening in the markets the last few days, TEAM reached a two-year high the other day on news of large contracts and surpassed expectations. Confidence is strong and things look sunny for TEAM, even after major gains in the last six months.
According to our Zen Ratings system, TEAM is still an excellent stock with great growth potential despite the recent surge in price. It has an A (Strong Buy) rating, meaning it is in the top 5% of the thousands of stocks we cover. Looking at the Component Grades that play into that rating, you can see some of its high points:
Analysts we follow also give it a consensus rating of “Strong Buy”, and it’s getting plenty of other positive coverage as of late as well.
And that’s all great, but what are the things you, as an investor, should be focusing on?
Reasons to Consider Watching TEAM:
TEAM will be one to watch, but how will you watch it? The best way is with WallStreetZen Premium, which will give you an unlimited watchlist to inform you about TEAM and stocks like it and let you keep track of fundamental information. You’ll also get access to analyst insights and everything you need to make better choices for your portfolio.
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