AvePointNASDAQ: AVPT

When searching for a new position to get in early on, a lack of Wall Street coverage and analyst excitement can be a good thing. After all, too much hype can quickly result in a stock becoming overvalued, leading to a potential loss.

As the winner in the Education category, AvePoint is now a six-time global Microsoft Partner of the Year Award winner As the winner in the Education category, AvePoint is now a six-time global Microsoft Partner of the Year Award winner

Award winning culture places AvePoint among the highest scoring software businesses in America Award winning culture places AvePoint among the highest scoring software businesses in America

If you're on the hunt for stocks under $10, look no further. The stock market has been off to a scorching start in 2024.

AvePoint, Inc. (AVPT) came out with quarterly earnings of $0.07 per share, beating the Zacks Consensus Estimate of $0.03 per share. This compares to loss of $0.02 per share a year ago.

The stock market, as measured by the S&P 500 Index SPX, continued to move higher and deeper into overbought territory. A price was paid for that on December 20, when a small amount of selling turned into an avalanche, costing the benchmark U.S. index more than 70 points in just a couple of hours of trading.

AvePoint, Inc. (NASDAQ:AVPT ) Q3 2023 Earnings Conference Call November 9, 2023 4:30 PM ET Company Participants James Arestia - VP, IR Tianyi Jiang - Co-Founder and CEO James Caci - CFO Conference Call Participants Fatima Boolani - Citi Chirag Ved - Evercore ISI Nehal Chokshi - Northland Capital Markets Derrick Wood - TD Cowen Jason Ader - William Blair Operator Good day and welcome to the AvePoint Inc. Q3 2023 Earnings Call. Today, all participants will be in a listen-only mode.

Recent developments have resulted in AvePoint's steady stock price increase, driven by expansion in cloud solutions, strategic partnerships, and past acquisitions. The company's growth appears to be slowing as it matures, and its current valuation may limit further short to medium-term upside. Long term, as businesses move towards the cloud, we see AVPT being a winner with a large TAM, so would be interested in taking a bite if a pullback presents itself.

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