Teradata: An Opportunity Or A Trap?

Aug. 13, 2023 10:14 AM ETTeradata Corporation (TDC) StockTDC8 Comments
Ahan Analytics
5.01K Followers

Summary

  • Teradata Corporation's stock plunged 16.9% after its Q2 2023 earnings report, presenting a discounted buying opportunity.
  • Analysts were disappointed by the company's reaffirmation of guidance despite a strong first half of the year.
  • Teradata's focus on artificial intelligence and its strong ratings from analysts make it an attractive investment in the future of the cloud.

Confused woman, thinking direction and studio mockup background. Pensive, annoyed or curious person contemplating decision. Girl with solution or idea pointing for marketing advertisement.

Hiraman/E+ via Getty Images

During the stock market’s most dangerous months, odds favor large drawdowns. It is a time to harbor skepticism toward (high-flying) stocks, but also a time to hunt for discounted opportunities. Teradata Corporation (NYSE:

This article was written by

5.01K Followers
Dr. Duru has blogged about financial markets since the year 2000. A veteran of the dot-com bubble and bust, the financial crisis, and the coronavirus pandemic, he fully appreciates the value in trading and investing around the extremes of market behavior. In this spirit, his blog "One-Twenty Two" (https://drduru.com/onetwentytwo/) delivers a different narrative for students and fans of financial markets. Dr. Duru challenges conventional market wisdoms and offers unique perspectives. The blog posts cover stocks, options, currencies, Bitcoin, and more, while leveraging the tools of both technical and fundamental analysis for short-term and long-term trading and investing. Some of these ideas and analyses are also featured here on Seeking Alpha.Dr. Duru received a B.S. in Mechanical Engineering (and an honors degree in Values, Technology, Science and Society - now simply STS) from Stanford University. For graduate studies, Dr. Duru went on to earn a Ph.D. in Engineering-Economic Systems (now Management, Science, and Society). Dr. Duru's work experiences include:*Independent consulting in operations research and decision analysis*Management consulting in product development and technology strategy*Price optimization software for computer manufacturers and internet advertising (including a shared patent for methodology)*Business Intelligence and Data Analytics, including some Data Science and Data EngineeringConsulting practice: https://ahan-analytics.drduru.com/

Analyst’s Disclosure:I/we have a beneficial long position in the shares of TDC either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You

About TDC Stock

SymbolLast Price% Chg
Market Cap
PE
Yield
Rev Growth (YoY)
Short Interest
Prev. Close
Compare to Peers

More on TDC

Related Stocks

SymbolLast Price% Chg
TDC
--