Atlassian Stock: Bear Vs. Bull

9 days ago The Motley Fool

In presenting arguments for and against workflow management software company Atlassian (TEAM 3.32%), I'm not going to share anything I came up with. David Trainer, CEO of research firm New Constructs, says Atlassian is a "zombie" stock that's possibly headed to zero. Second, Atlassian will keep dishing out stock-based compensation for now, which is a drag on shareholder value. Therefore, there is certainly potential reward for those who own Atlassian stock -- the bulls have good reason for their bullishness. Personally, the bear arguments currently outweigh the bulls, which is why I still wouldn't buy Atlassian stock today.
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