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blue-chip

An Update on One Technology Stock - DSG

Apr 24, 2024 | Team Kalkine
An Update on One Technology Stock - DSG

DSG:TSX
Investment Type
Large-cap
Risk Level
Action
Rec. Price (CA$)

Descartes Systems Group Inc.

Descartes Systems Group (TSX: DSG) provides a software solution that allows users in the shipping industry to communicate with one another. The core product is the Global Logistics Network, which is best understood as transaction driven. Descartes charges clients to send/receive messages, data, and documents on the GLN (the transactions). 

As per the previous ‘Earnings Hunter’ Report published on DSG on 04 March   2024, Kalkine provided an ‘Attractive’ stance on the stock at CAD 120.12 based on the ‘Earnings Hunter Score’.

Noted below are the details of support and resistance levels provided in the previous report:

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