Welcome,
Saul recently posted his paraphrase of a Bert’s report analyzing AYX’s December quarterly earnings report. It’s quite informative and confirmed my plans to keep my current AYX position and add to it as funds become available.
Among my top reasons:
A strong competitive moat:
What makes Alteryx unique, is that while it can do data prep well… it can do data science better than anyone! and it can do so on a single unified platform. It presents enterprises with an end-to-end data solution and that is apparently what many users are after. And it is a no-code solution so it can be used by a wide range of individuals from citizen data scientists, to highly skilled data professionals.
Continuing strong revenue growth:
"The quarter was really one for the record books with revenue growth accelerating noticeably to 75% and bookings growth reaching 81%. It is rare to see this kind of growth for a company whose revenue run rate has reached greater than $600 million
https://discussion.fool.com/bert39s-take-on-alteryx39s-last-q-re…
Back in January, Tinker emphasized the competitive moat based on AYX’s unique abilities. There are multiple upon multiple reviews of Alteryx being life changing in its power and taking jobs that were impossible before or took projects that weeks or days or hours and turned them into minutes of work done.
https://discussion.fool.com/this-always-gets-me-as-this-comes-in…
There have been other recent posts emphasizing the company’s value, past successes, and future prospects. They are mostly positive, but some note that there could be a few short term glitches.
https://discussion.fool.com/ayx-hunting-the-dark-side-34456808.a…
As others have noted, it’s important to distinguish between temporary stock market price woes versus actual company woes. The company looks strong. The stock price has been up and down this year, but since mid-March, it has trended upward with a few down beats.
If you agree with the positive long term assessments (and I do), then those downbeats would have made an especially good time to buy as they gave the company a rare lower than normal valuation as noted by Bear in late March.
Lower than normal valuations
AYX - PS of 17
https://discussion.fool.com/my-portfolio-by-value-34451751.aspx
You can find other discussions with a basic Google search using
site:fool.com “Saul’s Investing” AYX
All the best,
Raymond