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FTSE 100 technology firm Sage Group (LSE: SGE) has never been top of my investment list until very recently. The technology stocks I had were all in the S&P 500 until I sold them when I turned 50 a while back. This was so I could mainly focus on UK high-yield shares that will generate me a high dividend income.
That said, my stock screener started flashing green on 20 November with Sage Group’s name. This was because its price was flying, following the release of its 2024 results. When the day’s trading had concluded, the stock had risen 18% to close at £12.70 – blimey.
After such a rise, I thought I’d see if it’s worth me picking it up at the current price.
Is there any value left in the shares?
I only buy stocks that are undervalued on at least one of the key measures I have relied on over the years.
These separate a share’s price from its value. They are not the…
