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21.11.2019 - 3 hours ago Nearmap Ltd (ASX: NEA)One of my...

  1. birdman29
    28,317 Posts.
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    21/11/19
    11:36
    Post #: 41552143
    21.11.2019 - 3 hours ago

    Nearmap Ltd (ASX: NEA)

    One of my favourite mid cap shares is Nearmap. It is a leading aerial imagery technology and location data company which has operations in both the ANZ and North American markets. It has been experiencing very strong demand for its services in both markets over the last couple of years, leading to impressive growth in its key Annualised Contract Value (ACV) metric. Pleasingly, this solid demand shows no signs of slowing, leading to management recently guiding to further strong ACV growth in FY 2020.



    Why I would buy Nearmap
    NEA Price at posting: $2.70 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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