Netwealth shares have had a year and are down almost 40%.
Australia's pool of superannuation and investment assets should continue growing over time, while Netwealth has been steadily increasing its share of the platform market.
Its proposed acquisition of Paradino adds AI -enabled workflow and automation capabilities, which could strengthen the platform rather than weaken its position as technology changes the industry.
Its shares are down over 80% on a 12-month basis.
The business is targeting revenue growth over the next few years, and the current share price gives investors the chance to buy before that opportunity is reflected again.
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Australia's pool of superannuation and investment assets should continue growing over time.
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The article, shortened and in plain language
A year can sometimes create an opportunity for long-term investors.
Netwealth shares have had a year and are down almost 40%.
The company continues to attract money onto its platform as financial advisers and their clients look for better technology to manage investments, superannuation, and reporting.
Australia's pool of superannuation and investment assets should continue growing over time, while Netwealth has been steadily increasing its share of the platform market.
The company is also investing in technology that could make advisers more efficient. Its proposed acquisition of Paradino adds AI -enabled workflow and automation capabilities, which could strengthen the platform rather than weaken its position as technology changes the industry.
Online retailer Temple & Webster has also been punished by the market. Its shares are down over 80% on a 12-month basis.
Temple & Webster does not need to dominate the entire industry to become a much larger business.
The business is targeting revenue growth over the next few years, and the current share price gives investors the chance to buy before that opportunity is reflected again.
SiteMinder is another ASX share has become interesting after a period. Its shares are down over 60% since this time last year.
Products such as Channels Plus and Dynamic Revenue Plus could also help SiteMinder earn more from existing hotel customers over time.
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