SEEK is flying under the radar compared to the other tech growth stocks.
One of the reasons why I think their share price has been subdued is because they are reinvesting heavily to widen the moat and institutions are waiting to see these investments materialise into profits.
Being a participant in this industry, they are making the right investments - Coursera (MOOC), Jora (job aggregator) and OES (student placements).
I can't compete and wouldn't try to compete with SEEK.
Even if I had the capital, I wouldn't be able to do it. That is what makes SEEK so attractive.
SEK Price at posting:
$22.72 Sentiment: Buy Disclosure: Held
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