AppFolio Stock Still Has Attractive Upside If It Can Grow As I Expected
Core Viewpoint - The analyst maintains a buy rating for AppFolio (APPF), anticipating that the macro environment will favor the company and that it can achieve growth rates exceeding 20% in the foreseeable future [1]. Company Analysis - AppFolio is expected to grow at a rate greater than 20% due to favorable macroeconomic conditions [1]. - The investment strategy focuses on identifying undervalued companies with long-term growth potential, emphasizing the importance of buying quality companies at a discount to their intrinsic value [1].