3 Reasons I’m Considering Descartes Systems Stock for a $2,500 Investment This Month


Source: fool.ca fool.ca

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Descartes Systems stock dipped 11% on June 4, creating an opportunity to invest $2,500. Here’s why this stock is a growth seeker’s paradise. Descartes Systems (TSX:DSG) stock fell 11% on June 4 after the Organization for Economic Co-operation and Development (OECD) revised down Canada’s outlook over trade tensions. OECD has reduced Canada’s gross domestic product (GDP) outlook to 1% in 2025 and 1.1% in 2026 from 1.5% in 2024. It is feared that the export-led economy’s growth prospects could decline and inflation increase if trade barriers are prolonged. Why did the tech stock fall on June 4? Further supporting this...