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Trade-Ideas LLC identified

Globant

(

GLOB

) as a strong and under the radar candidate. In addition to specific proprietary factors, Trade-Ideas identified Globant as such a stock due to the following factors:

  • GLOB has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $9.4 million.
  • GLOB has traded 6.05970000000000030837554731988348066806793212890625 options contracts today.
  • GLOB is making at least a new 3-day high.
  • GLOB has a PE ratio of 37.
  • GLOB is mentioned 1.65 times per day on StockTwits.
  • GLOB has not yet been mentioned on StockTwits today.
  • GLOB is currently in the upper 20% of its 1-year range.
  • GLOB is in the upper 35% of its 20-day range.
  • GLOB is in the upper 45% of its 5-day range.
  • GLOB is currently trading above yesterday's high.

TheStreet Recommends

'Strong and Under the Radar' stocks tend to be worthwhile stocks to watch for a variety of factors including historical back testing and price action. Market technicians refer to such stocks as being in an accumulation phase before a mark-up and peak. Traders and hedge funds have frequently found that these types of stocks continue to build a solid price base and then ultimately spike higher and peak when others 'discover' how good the stock is performing. By leveraging the social discovery aspect of StockTwits we are highlighting stocks that don't currently receive much attention from retail investors, but we suspect may soon garner more attention.

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More details on GLOB:

Globant S.A. develops software solutions in the United States, Europe, and Latin America. GLOB has a PE ratio of 37. Currently there are 2 analysts that rate Globant a buy, no analysts rate it a sell, and 2 rate it a hold.

The average volume for Globant has been 226,300 shares per day over the past 30 days. Globant has a market cap of $1.2 billion and is part of the technology sector and computer software & services industry. Shares are up 117.9% year-to-date as of the close of trading on Tuesday.

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TheStreetRatings.com

Analysis:

TheStreet Quant Ratings

rates Globant as a

hold

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. However, as a counter to these strengths, we find that the company's return on equity has been disappointing.

Highlights from the ratings report include:

  • The revenue growth greatly exceeded the industry average of 18.8%. Since the same quarter one year prior, revenues rose by 22.7%. This growth in revenue appears to have trickled down to the company's bottom line, improving the earnings per share.
  • GLOB's debt-to-equity ratio is very low at 0.01 and is currently below that of the industry average, implying that there has been very successful management of debt levels. Along with this, the company maintains a quick ratio of 3.64, which clearly demonstrates the ability to cover short-term cash needs.
  • 38.58% is the gross profit margin for GLOBANT SA which we consider to be strong. Regardless of GLOB's high profit margin, it has managed to decrease from the same period last year. Despite the mixed results of the gross profit margin, the net profit margin of 12.49% trails the industry average.
  • The company's current return on equity has slightly decreased from the same quarter one year prior. This implies a minor weakness in the organization. Compared to other companies in the Software industry and the overall market, GLOBANT SA's return on equity exceeds that of both the industry average and the S&P 500.

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