Is NICE a good stock to buy?
We came across a bullish thesis on NICE Ltd. on r/ValueInvesting by Hot-March6036
In this article, we will summarize the bulls’ thesis on NICE. NICE Ltd.’s share was trading at $84.68 as of June 18th. NICE’s trailing and forward P/E were 10.05 and 7.65 respectively according to Yahoo Finance.
Pixabay/Public Domain NICE Ltd., together with its subsidiaries, provides AI-powered cloud platforms for customer engagement, and financial crime and compliance in the United States and internationally. NICE is trading at 11x earnings despite a decade-long ~12% revenue CAGR and 20%+ net margins. The thesis argues NICE Ltd is not structurally threatened by AI but positioned to benefit as customer support shifts from labor-heavy operations to software-driven automation.