Gartner -- Advisor Spotlight Webinar - April
The call will be on Thursday at
- 9 am Pacific
- 12 noon Eastern
- 5 pm Britain
- 6 pm Central Europe
- 7 pm Finland, Israel
Investors have their own analysis why the Gartner’s stock
halved in value during the last year, from $28 in May last year to $14 in
January 2008. Lighthouse is not in the business of offering stock analysis, but
we also feel that Gartner’s opportunities for growth are more limited than they
acknowledge.
We feel that Gartner comes close to suggesting that its
revenue has increased largely because of the increased size of the sales force
allowing it to connect to new clients. To our mind, growth in client numbers in
the last few years is partly because of the META Group acquisition. In
addition, Gartner’s perceived move away from global sales reflects their
interest in deepening its relationship with a second line of clients in existing
client organizations.
Although Gartner’s stock halved in value during the last
year, the firm’s recent results were strong. The sale of Vision Events helped
boost the price back to $21. Without doubt Gartner’s strategies have strong
reasons behind them, and it certainly has real room for growth over the next
few years.
