|Day's Range||13.60 - 13.60|
If I could close the stock market every August, I would. With New York and Europe on vacation, and trading volumes so light, it seems like any headline puts stocks into a tizzy - no matter how consequential it actually is, long term.But if you know me at all, you know I believe in keeping calm and focusing on the fundamentals.I certainly was glad I did with AppFolio, Inc. (NASDAQ:APPF). Like most other stocks, the end of 2018 was rough on APPF, despite third-quarter earnings season. AppFolio's Q3 report included strong forward-looking guidance.InvestorPlace - Stock Market News, Stock Advice & Trading TipsNonetheless, the market volatility erased most of the gains the stock had made for the year. That was disappointing to see, as the actual third-quarter numbers were also good. Revenue grew 32% and net income grew 50% year-over-year, demonstrating high demand for AppFolio's product: cloud-based software for small business owners.Source: Citrix Online via FlickrNot to be discouraged, I went on record that APPF was a "Buy" - and now, the stock's up a nice 125% for my Platinum Growth subscribers!In the most-recent report in late July, the company smashed its second-quarter earnings forecasts. Wall Street analysts had expected $0.11 earnings per share - well, AppFolio delivered $0.65 per share! Clearly, sticking with APPF through the volatility was the right call. And now I'm making an even bolder call for the market in general. * 10 Marijuana Stocks to Ride High on the Farm Bill Then there's Innovative Industrial Properties (NYSE:IIPR). It is the only publicly traded cannabis real estate investment trust (REIT). The stock boasts a strong 2.3% dividend yield and exceptional relative strength: It's absolutely blowing away the S&P 500's return for 2019 to date.I'm not ready to recommend a pure play on marijuana just yet, as I still need to see a few quarterly reports on the books that show that they have the enough staying power to propel them higher over the long term, but IIPR is different. You see, Innovative Industrial Properties has never grown, processed or sold a single marijuana product. Rather, it leases facilities to medical cannabis providers…first in California, and now in 12 states, most recently expanding further into Pennsylvania. Basically, it's the "landlord" of these companies.And it's an understatement to say that medical marijuana is a growth industry, especially for IIPR. All of the REIT's properties are leased (100%), and analysts are expecting 123% annual earnings growth.Only one thing has held IIPR stock back at all: Investor sentiment for legal weed in general has wavered lately. Yet stocks like IIPR remains one of my top "Buys" in my investing services today.How can I be so confident making these calls? Well, run the stocks through my Portfolio Grader, and the reasoning behind my "Buy" recommendation becomes apparent.For example, here's my Report Card for IIPR:While cash flow leaves something to be desired, and Wall Street analysts appear to be underestimating the stock, it's hard to argue with top-notch sales growth, earnings growth, and buying pressure (reflected in the Quantitative Grade) - all three of which get an "A" rating from Portfolio Grader.Neither APPF or IIPR (or any stocks, for that matter) have gone straight up. But by focusing on the key drivers of growth - and how likely the company is to provide that growth in the future - it's never a question whether to invest or not.In the long run, fundamentals are truly what matters.And we can apply much the same logic to the broad market. Two Most Important Factors in the Market TodayThis has been a particularly wild August, as protests in Hong Kong and the escalating U.S.-China trade war collide with thin market conditions. It's a sure recipe for sharp swings in stock prices.But when you look past the short term, and hone in on the market's fundamentals, here's what you see:In the bond market, the "inverted yield curve" reared its ugly head again, as the 10-year Treasury actually began to yield less than the two-year Treasury.Historically, that's been a signal of looming recession. But this time is unique for two reasons: * One, what's driving this is international capital flight. The bond markets elsewhere are downright ugly. The American economy offers better stability and growth than many others, making the United States an oasis. * For another thing, the Federal Reserve has already taken steps to un-invert the yield curve. The situation is devastating to the operating margins of the banks the Fed regulates. It's likely that we'll see further action from the Fed to pave the way for market success. I see at least two more rate cuts, with one potentially coming in September.Besides bonds, I've also got my eye on corporate investment. And August is a big month for stock buybacks, which are a net positive for the share price. Given the low Treasury yields, I expect to see even more companies take advantage of low rate to augment (or being) their stock-buyback programs in the coming weeks.Bottom line: I'm not seeing much to be worried about, long term, in the current landscape. If anything, there are a lot of positives to look forward to.Next time the Dow - and the headlines - turn south, just remember that this was a great earnings season for strong businesses like the ones I recommend:Out of the 24 stocks in Growth Investor that have reported their latest earnings, 21 turned in a positive earnings surprise!So, I'm confident making the very bold prediction I'm putting out there now. All I'm doing is following the same blueprint I've used over my entire 30+ year career. It continues to steer us into the best stocks the market has to offer. How You Can Navigate the Market and Sleep EasyI've been at this a long time, ever since I first built the stock-picking system that powers my Portfolio Grader, many years ago.But at the end of the day, all of us have much the same goals for our investment portfolios: * Thrive in Market Sell-Offs… * Create Your Own Million-Dollar Retirement Plan… * Get Paid Up to 4 Times a Month…I've got a whole library of special reports for all those goals and more.You get a taste of my approach through my letters here at Market 360 - but by upgrading your membership, you can have my whole catalogue of investing guides at your fingertips, whenever you need them. Go here for more details and to hear the bold prediction I've just made.Louis Navellier had an unconventional start, as a grad student who accidentally built a market-beating stock system -- with returns rivaling even Warren Buffett. In his latest feat, Louis discovered the "Master Key" to profiting from the biggest tech revolution of this (or any) generation. Louis Navellier may hold some of the aforementioned securities in one or more of his newsletters. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Marijuana Stocks to Ride High on the Farm Bill * 8 Biotech Stocks to Watch After the Q2 Earnings Season * 7 Unusual, Growth-Oriented REITs to Buy for Your Portfolio The post Earnings Season and Why Investing Boldly Will Pay Off in 2019 appeared first on InvestorPlace.
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
While AppFolio Inc’s (NASDAQ: APPF ) shares have appreciated significantly year-to-date, the company reported its third quarter of “growing negative variances” from projections and estimates have been ...
AppFolio (APPF) delivered earnings and revenue surprises of 490.91% and -0.13%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
SANTA BARBARA, Calif., July 29, 2019 -- AppFolio, Inc. (NASDAQ: APPF) ("AppFolio" or the "Company"), a leading provider of cloud-based business software solutions, today.
AppFolio, Inc (NASDAQ: APPF ) releases its next round of earnings this Monday, July 29. Get the latest predictions in Benzinga's essential guide to the company's Q2 earnings report. Earnings and Revenue ...
For us, stock picking is in large part the hunt for the truly magnificent stocks. Not every pick can be a winner, but...
AppFolio (APPF) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Jason Celino resumed coverage of RealPage Inc with an Overweight rating and $76 price target. KeyBanc is resuming coverage is due to strong demand trends and data monetization opportunities in the real estate SaaS market — a good sign for both AppFolio and RealPage, Celino said in a Monday note.
SANTA BARBARA, Calif., July 15, 2019 -- AppFolio, Inc. (NASDAQ: APPF), a leading provider of cloud-based business software solutions in the real estate and legal markets, today.
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
SANTA BARBARA, Calif., June 27, 2019 -- AppFolio, Inc. (NASDAQ: APPF), a leading provider of industry-specific, cloud-based business software solutions, services and data.
We at Insider Monkey have gone over 738 13F filings that hedge funds and famous value investors are required to file by the SEC. The 13F filings show the funds' and investors' portfolio positions as of March 31st. In this article we look at what those investors think of AppFolio Inc (NASDAQ:APPF). AppFolio Inc (NASDAQ:APPF) […]
If you're interested in AppFolio, Inc. (NASDAQ:APPF), then you might want to consider its beta (a measure of share...
Editor's note: This story was previously published in March, 2019. It has since been updated and republished.The stock market has been a charging bull since 2019 began. Given how 2018 ended, this has been quite a surprise. Much of the selloff was explained by expectations that Q4 wasn't going to be strong and that growth in 2019 would be diminished. And most of the numbers that are coming in reinforce that view.So, why is the market charging ahead as if there's nothing to fear?InvestorPlace - Stock Market News, Stock Advice & Trading TipsBecause things are going according to plan. The market hates uncertainty. Even less than ideal certainties are better than pleasant surprises. * 7 Cloud Stocks to Buy on Overcast Days And that's why small-cap stocks -- which usually do best in times of strong economic expansion -- continue to do well, even now. As long as the market knows the economy isn't going to hit bumps that slow it one quarter and grow it the next -- forcing the Federal Reserve out of its complacency -- stocks can chug along happily.The seven small-cap stocks that make the grade below are all highly rated momentum stocks in my Portfolio Grader. They should see big gains as this "Goldilocks economy" continues. Source: Shutterstock Alarm.com (ALRM)Alarm.com (NASDAQ:ALRM) is a wireless and cloud-based security system company that focuses on residential and commercial properties.It's based in Northern Virginia, which hosts many of the suburbs of Washington, D.C., and there are plenty of expensive houses that got the company off its feet 19 years ago. Since then, it has scaled up its business and diversified both its customer and geographic base.Now the company has expanded into the smart property market, using its security systems to enable homeowners and business owners the ability to remotely monitor and manage a variety of systems.By expanding its footprint nationally and keeping up with the latest technological breakthroughs, ALRM remains one of the fastest growing security systems in the market.ALRM stock is up 69% in the past 12 months, and roughly 34% year to date, so it is solidly performing on its own merits, not just rising with higher tide of the broad stock market.Source: Citrix Online via Flickr AppFolio (APPF)AppFolio (NASDAQ:APPF) is the next iteration of cloud-based software solutions companies.The first wave saw companies simply moving some parts of their data to the cloud so that it was more accessible and provided an offsite back-up for corporate-based servers.The next wave is companies that are targeting specific industries with cloud-based solutions that are built for these niche industries. And that is where APPF comes in. * 7 Dangerous Dividend Stocks to Stay Far Away From It caters to small- and medium-sized businesses in the property management and legal sectors. This sector hasn't generally been at the top of the cloud providers priority list, since enterprise-level companies are a much bigger fish to land. And while there are plenty of these firms around the U.S., the time and energy to build something at their price point and with custom features just wasn't worth the money.APPF tapped into this market, and it's doing very well with its line of products. APPF stock is up almost 70% in the past year and is up 63% year to date.Source: Shutterstock DSW (DSW)DSW (NYSE:DSW) is a pretty familiar name to most consumers. It is one of the largest shoe stores in the U.S., with over 500 locations across the country.As the big-box department stores started their demise, companies like DSW saw an opportunity to move into a specific niche that was no longer being served well by department stores.You see, as much as ecommerce hurt department stores, so did the fact that they didn't have the ability to dig down into their offerings. They could provide some choices, but consumers were getting used to searching out variety online or in a dedicated store.DSW filled that need perfectly, and its ecommerce site allows shoppers to go the ecommerce route if they so desire.But remember, this is a discount shoe retailer, not a tech firm. It hasn'y had a great year, down 8% in the last 12 months, but it delivers a very respectable 4.6% dividend. As a total return play, this is a great long-term buy.Source: Shutterstock Intercept Pharmaceuticals (ICPT)Intercept Pharmaceuticals (NASDAQ:ICPT) is a biopharmaceutical company that focuses on non-viral liver diseases. It currently has Ocaliva on the market which is treats a handful of these diseases and has little competition in the space.It was also in Phase 3 trials with a new drug for a fatty liver disease called Nonalcoholic steatohepatitis (NASH), and was competing with a similar drug from Gilead Sciences (NASDAQ:GILD). When Gilead announced that its drug had failed, things looked bleak.Until ICPT announced its drug had passed the trials. That leaves NASH treatment in the hands of ICPT for now. * 10 Great Stocks to Buy on Dips Bear in mind, this is a biotech that is very focused. Right now, things are back to being tough, though. The stock is up just 12% for the year and actually down 13% year to date, since it has been more volatile on this NASH news.There's plenty of opportunity here, even for a buyout by a bigger firm, so enjoy the ride but remember, it will be bumpy.Source: Shutterstock Restoration Hardware (RH)Restoration Hardware Holdings (NYSE:RH) is the holding company for what's better known to consumers as Restoration Hardware. It maintains an enormous and sumptuous product catalog that it distributes as an RH brand.The company has been around since the 1979 and made a good run at expanding smaller retail outlets in upper-middle-class malls and shopping districts around the country. But when the tech bubble burst and then the financial crisis hit, RH had to go back to the drawing board -- adapt or die.And it adapted. RH rebuilt as a brand for its ideal customers - high-end and aspiring high-end consumers. It closed many of its smaller locations and opened glorious showpieces around the country that showed off the furniture and accessories as well as offered interior designers to help with building out rooms and homes. Most also have lovely restaurants as well.This boutique treatment has paid off in the past, but the last 12 months haven't been as kind. RH is essentially flat in the past year, but if the economy once again shows signs of strength, it will be back big.Source: Shutterstock NuStar Energy LP (NS)NuStar Energy LP (NYSE:NS) is a midstream energy company that operates as a limited partnership.Basically, that means NS operates pipelines and storage for petroleum and anhydrous ammonia. Anhydrous ammonia is made from natural gas and steam and is used as a fertilizer.As for the limited partnership piece, that means NS is structured so that stockholders are looked at as owners and get net profits distributed to them in the form of a dividend. This means shareholders aren't "double taxed" on their gains. * 7 Strong Buy Stocks That Tick All the Boxes With U.S. energy production growing and exports also growing, the U.S. energy patch is in a bull market, especially with prices in the upper $50's. Also, NS stock should see some strength in its fertilizer business as the economy expands and spending is solid.Right now, NS is delivering a whopping 9.1% dividend, and that's after a 23% run on the stock year to date. Just remember this stock will be a bit volatile since it's a smaller energy company that will be influenced by energy prices and demand.Source: Shutterstock Cleveland-Cliffs (CLF)Cleveland-Cliffs (NYSE:CLF) has been around since 1847. And it's very likely you have never heard of it.Why? Because it has done one thing in all that time, and unless you're a domestic steel company, its name likely never came up.Granted the U.S. steel industry has been through some significant ups and downs over the past 50 years. But the thing about a company like CLF, which has seen its share of good times and bad times over the past 172 years, is it knows how to adapt.CLF supplies iron ore pellets to the U.S. steel industry. Its mines are in Michigan and Minnesota. It pelletizes the ore in a production facility in Ohio, and the headquarters is in Cleveland.That means all its production and distribution is U.S.-based. That keeps things simple in what can be a very complex global market.This is certainly one sector that has benefited from the U.S.-China trade war, with CLF up 22% in the past year. And it's still trading at a 2.64 P/E. But remember, this is a commodity-based company, so the P/E isn't going to reach big double-digits.In January a major global steel company cut steel production by about 40 million tons a year because of dam disaster at one of its properties in Brazil. That spells opportunity for CLF for 2019 and beyond. It also pays a solid 2% dividend.Louis Navellier is a renowned growth investor. He is the editor of four investing newsletters: Growth Investor, Breakthrough Stocks, Accelerated Profits and Platinum Growth. His most popular service, Growth Investor, has a track record of beating the market 3:1 over the last 14 years. He uses a combination of quantitative and fundamental analysis to identify market-beating stocks. Mr. Navellier has made his proven formula accessible to investors via his free, online stock rating tool, PortfolioGrader.com. Louis Navellier may hold some of the aforementioned securities in one or more of his newsletters. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Dividend Stocks to Buy Today * 7 ETFs to Buy to Ride the Longevity Economy * 7 Winning High-Yield Dividend Stocks With Payouts Over 5% Compare Brokers The post 7 Small-Cap Stocks That Make the Grade appeared first on InvestorPlace.