Market's view on Relx
Published on April 2024
- A stock watcher notes the trading price has stalled and seems to have reached a high point.
- A positive reaction to a recent update was shared, with one stock watcher feeling satisfied.
- Expectation and anticipation were discussed for an upcoming trading update.
- Predictions were made that the stock price could reach forty pounds by Christmas.
- Year-end results for 2023 were announced, described as decent by a stock watcher who also mentioned topping up their shares after a significant dip.
- Concerns were raised about the stock price getting ahead of itself, with completed buybacks mentioned as a potential cause.
- Questions were raised regarding a significant drop in stock price, with potential factors like dollar weakness considered.
- Comparisons and hopes were made for Pearson to perform similarly well, reflecting positive sentiments.
- The stock was praised highly by a stock watcher.
- A stock watcher expressed caution against buying stocks based on newspaper tips due to potential immediate losses.
- Confidence in the stock’s performance was expressed, describing it as predictable.
- A legal issue involving the misuse of ChatGPT for legal research was mentioned, highlighting the risks of relying on AI without verification.
- A demonstration of a legal AI product was positively received according to one stock watcher.
- The initiation of a share buyback programme was positively noted.
- Challenges for the stock were hinted at as it began to receive a ‘kicking’.
- Details from a financial year report discussed RELX’s view on ChatGPT and AI, viewing them as opportunities to enhance their offerings through partnerships and leveraging their extensive content sets and analytics.