Vertex: Solid Execution With Visible Growth Catalyst

  • Vertex stock is recommended as a buy due to its solid execution, visible growth catalyst, and potential opportunities from organizations migrating to S/4HANA.
  • The company provides tax compliance solutions and has a strong competitive position in the enterprise tax automation industry.
  • The growth outlook for Vertex remains strong, supported by its strong execution, SAP ECC tailwind, expanded partnerships, and pricing power.

Investment summary

My recommendation for Vertex (NASDAQ:VERX) is a buy rating. The solid execution shown so far, coupled with the visible growth catalyst, makes VERX an attractive long, in my opinion. In particular, the potential opportunities from organizations migrating from ECC to S/4HANA could drive