PEGA Rises 5% in a Month: Is the Stock a Must Have for Your Portfolio?
Pegasystems (PEGA) shares have climbed 5.4% in a month, underperforming the broader Zacks Computer and Technology sector and Zacks Computer Software industry’s appreciation of 8.8% and 12.4%, respectively.PEGA shares are suffering from stiff competition in the enterprise automation space from the likes of ServiceNow (NOW) , Oracle (ORCL) and Microsoft (MSFT) . Over the past month, Pegasystems shares have underperformed Microsoft, ServiceNow and Oracle’s appreciation of 15.1%, 11.3% and 7.1%, respectively.Ca ...