AppFolio (APPF) is a Great Momentum Stock: Should You Buy?
Does AppFolio (APPF) have what it takes to be a top stock pick for momentum investors? Let's find out.
Why the Market Dipped But AppFolio (APPF) Gained Today
AppFolio (APPF) closed the most recent trading day at $269.26, moving +0.44% from the previous trading session.
AppFolio (APPF) is an Incredible Growth Stock: 3 Reasons Why
AppFolio (APPF) could produce exceptional returns because of its solid growth attributes.
AppFolio (APPF) Stock Declines While Market Improves: Some Information for Investors
In the most recent trading session, AppFolio (APPF) closed at $253.75, indicating a -0.42% shift from the previous trading day.
AppFolio (APPF) Recently Broke Out Above the 200-Day Moving Average
AppFolio (APPF) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, APPF crossed above the 200-day moving average, suggesting a long-term bullish trend.
AppFolio Rises 33% YTD: Should You Buy, Sell or Hold the Stock?
APPF's strong market position, innovative products and robust financial prospects make the stock an attractive pick for investors.
3 Reasons Growth Investors Will Love AppFolio (APPF)
AppFolio (APPF) is well positioned to outperform the market, as it exhibits above-average growth in financials.
Is AppFolio (APPF) Stock Outpacing Its Computer and Technology Peers This Year?
Here is how AppFolio (APPF) and Agilysys (AGYS) have performed compared to their sector so far this year.
Here is Why Growth Investors Should Buy AppFolio (APPF) Now
AppFolio (APPF) possesses solid growth attributes, which could help it handily outperform the market.
Why I Am Buying AppFolio
I have started a ~3% position in AppFolio at $214.2/share. Management just guided 2024 revenue to be in the range of $786 to $790 Million. AppFolio is not optically cheap, neither is it trading at nosebleeding territory. But I think the near-term multiple can mask the attractiveness of the stock.
AppFolio: Growth Outlook Remains Steady
I maintain a buy rating for AppFolio due to its strong growth potential and favorable macroeconomic conditions supporting new home demand. AppFolio reported 24% y/y revenue growth in the latest quarter, driven by core solutions and value-added services, with expanding margins and strong operating leverage. The integration of LiveEasy and upcoming product enhancements, including AI-driven tools, position AppFolio to capture more market share and improve productivity.
AppFolio: Capturing Tremendous Economies Of Scale
AppFolio delivered tremendous Q3 results, beating Wall Street's expectations by a wide mile and also boosting its full-year outlook. Its latest outlook calls for 27% y/y growth in FY24 (versus 24-25% growth previously) driven by sales expansion, with a new Chief Revenue Officer enhancing its growth prospects. AppFolio's comprehensive platform, AI innovations, and secular tailwinds in the rental market position it as a high-quality, growth-oriented investment despite its premium valuation.
