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Where Will Atlassian Be in 1 Year?

TheMotleyFool

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Where Will Atlassian Be in 1 Year?: https://g.foolcdn.com/editorial/images/717233/fulfillment-center-worker-uses-laptop-1.jpg

Atlassian (NASDAQ: TEAM) shareholders are likely anxious to get a fresh start in this new year. Shares of the Australian software provider dropped more than 75% at one point during the bear market as investors turned negative on money-losing tech stocks.

The stock has made a modest comeback since its November lows, but it may be too early to tell whether the move in the SaaS stock was a bear market rally or the beginning of a recovery. That uncertainty leads to questions about what will happen to Atlassian stock over the next 12 months.

Let's take a closer look.

Source Fool.com

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