Why SAP Is Still A Good Buy Even In This Ongoing Crisis

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About: SAP SE (SAP), Includes: DTEGF
by: Frederic Laudenklos
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Frederic Laudenklos
Long/Short Equity, medium-term horizon, Airlines, carmakers
Summary

SAP managed to steadily grow its revenue in the past and reported strong Q1 and Q2 numbers.

The company co-developed a "corona-warning-app" on behalf of the German government.

Restated guidance for 2020 is only slightly lower than the original one.

The German multinational corporation SAP SE (SAP) offers enterprise software for industries and major businesses that provides them with an integrated management of resources and processes such as distribution, accounting, customer services, procurement