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Gartner (IT) Trade Plan: Fading the Fear on a Beaten-Down Leader

A deep-value opportunity in a consulting powerhouse that got hammered on weak guidance, now presenting a textbook technical setup at a massive support level.

Welcome back, everybody.

It's time for another stock review, and today we're looking at Gartner IT 0.00%↑ . This is another great find from my man

, who pointed it out to me over the weekend. This is one of the biggest players in the consulting world, and the stock has been crushed this year, down almost 50%.

The interesting thing is, they actually had a great earnings report. The problem? Their forward guidance was weak, citing a slowdown in decision-making from their tech clients. The market heard that and threw a fit, tanking the stock 30% on the news. To me, that kind of overreaction on a fundamentally solid company often spells opportunity.

I liked this setup so much that I hopped in this morning. Let's break down what I'm seeing.

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