- The company ran into some execution problems as it focused on the introduction of its New Relic One platform last year.
- Now that these problems seem behind us and the platform could reignite growth, there are headwinds from the pandemic.
- While the shares aren’t expensive, technically one might want to wait for a confirmed outbreak, as they are hitting important resistance.
- Longer term, we remain positive on the shares.
New Relic Could Gain A Second Wind
September 9th, 2020 · No Comments