102.51 0.00 (0.00%)
After hours: 4:00PM EST
|Bid||102.42 x 800|
|Ask||102.46 x 900|
|Day's Range||98.94 - 103.65|
|52 Week Range||53.50 - 109.89|
|Beta (3Y Monthly)||1.16|
|PE Ratio (TTM)||105.79|
|Earnings Date||Oct 28, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||77.00|
There continues to be an interesting tension in the markets.As we saw yesterday, the U.S. economy is slowing -- GDP is estimated to be 1.9% in the third quarter. And the Federal Reserve has once again stepped in to help boost spending and borrowing.But on the other hand, stocks seem unstoppable. They continue to rise, with the major indices teasing new highs. This odd combination is happening everywhere. Germany's economy is slow yet its stock index is up. It's the same with China.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThere is a sense of optimism as we head into the historically strongest quarter of the year that the consumer will be there to keep the fires lit until business and global trade get back to normal.However, I still think it's smart to own and buy the best stocks the market has to offer. And those are the ones that meet my strict criteria for growth investments with the best profit potential. * 7 Stocks to Buy in November So, I dug through my Portfolio Grader, and the seven triple-A stocks to buy in November below, represent exactly that. Triple-A Stocks to Buy: AppFolio (APPF)Source: Pavel Kapysh / Shutterstock.com AppFolio (NASDAQ:APPF) is a cloud-based software provider that focuses on small- to medium-sized property management and legal businesses.This is a great market, given the fact that this is where much of the business lies around the U.S. It's certainly nice to work with enterprise-level businesses, since you don't need as many clients.But the world where APPF operates is where the growth is. While big organizations look to stay lean and mean, many professionals can now spin off their own businesses and take clients that are too small for the bigger firms to deal with.Having APPF software to help manage those businesses is a great competitive advantage.The company reported earnings a few days ago; they were up 75% over consensus estimates. Last quarter, earnings were up 490% over estimates. There seems to be a trend forming.The stock is up 66% year-to-date, and there's still plenty of headroom, even if the economy slows. First Industrial Realty Trust (FR)Source: Shutterstock First Industrial Realty Trust (NYSE:FR) is a real estate investment trust that specializes in warehouses and light industrial properties.This sector of the market is especially strong as e-commerce grows.Now that more and more things are delivered to our doors, it means having staging areas that are strategically placed for retailers and wholesalers is crucial.And light industrial is just the kind of location where many small businesses start their operations, whether it's a brewery, landscaping service or a computer networking shop.What's more, low interest rates make it better for FR to finance new places and refinance existing buildings at lower rates. * 7 Dividend Stocks That Could Struggle to Continue Payout Hikes FR stock is up 46% year-to-date and delivers a solid 2.2% dividend. Given the persistent low-interest-rate environment, high-quality dividend growth stocks are so popular that I've nicknamed them the Money Magnets. PennyMac Financial Services (PFSI)Source: Shutterstock PennyMac Financial Services (NYSE:PFSI) is in the mortgage banking and servicing business. Basically it buys and trades mortgages as well as services them.In today's market, with rates as low as they are and consumers feeling confident, this is a good sector to be in.This is almost better than being in the REIT sector since PFSI doesn't hold any properties -- just the mortgages. In case there's a recession or the value of properties tank, PFSI doesn't have to deal with devaluing those assets.Its only risk in a downturn would be servicing the loans. And even then, it could sell off riskier loans if it sees trouble coming.The stock is up 45% year-to-date, since this sector is a big beneficiary of lower interest rates. But it doesn't offer a dividend like REITs in the sector; it's growth focused. Collectors Universe (CLCT)Source: Shutterstock Collectors Universe (NASDAQ:CLCT) is an interesting -- and niche -- brand that has earned a foothold in the quickly growing collectibles business.It is one of the country's largest verification sources for collectibles like autographs, coins, trading cards and similar items.For example, say you take your childhood baseball cards into a card or collectibles shop. They find a couple that show promise. They may buy them off you or suggest that you send them to CLCT to be verified for authenticity and value.Then, if you resell them, you have a certificate that proves their authenticity, which increases their value and makes the sale easier. With online auctions growing in popularity, this service is growing as well. It might sound like a niche market, but it's a great business model in a growth market, which is one of the proven hallmarks of successful stocks. * 10 Stocks to Buy Regardless of Q3 Earnings The stock is up 150% year-to-date, yet has a trailing price-to-earnings ratio of a mere 25.5 times. Plus CLCT stock delivers a nearly 2.4% dividend. Carlyle Group (CG)Source: Casimiro PT / Shutterstock.com Carlyle Group (NASDAQ:CG) just released its third-quarter numbers this morning. It beat earnings by a penny and also beat on revenue, although revenue was down slightly from the same quarter last year.But that's to be expected, since this private equity firm, or alternative global asset manager, has clients around the world. And big clients at that. Wealthy people like former U.S. presidents, Saudi Arabia's royal family and other powerful individuals make up a large portion of its clientele.It has been around a long time and is well positioned to find long-term opportunities around the globe. Right now, the global slowdown depresses its earnings but also makes it a good time to shop for investments.CG stock is up 74% year-to-date (and still has a trailing P/E of 11.4). The company also delivers an impressive 6.3% dividend. This is a classic long-term total return play. Rent-A-Center (RCII)Source: dennizn / Shutterstock.com Rent-A-Center (NASDAQ:RCII) is becoming quite the business.Not only does it have over 2,000 stores across the U.S. and Puerto Rico, but it also has operations in Canada and Mexico. It also has a $1.4 billion market capitalization at this point.RCII basically has rent-to-own stores that focus on durable goods, from furniture to computers. And one of its biggest moves recently is opening financing centers in third-party stores.This is a big deal because financial institutions see this kind of "checkout financing" as one of the big new waves in retail.Also remember that RCII runs its own financing shop, meaning it is making money off the financing as well as the sales. In a low-rate environment, financing higher-risk customers, the margins start to grow. That's one of the key factors I use to find top-notch growth investments. * 7 AI Stocks to Buy to Profit from the Recent Tech Correction It's no surprise the stock is up 84% in the 12 months, yet still has a trailing P/E of 12.4. Crown Crafts (CRWS)Source: Shutterstock Crown Crafts (NASDAQ:CRWS) is perfect for investors looking for a small stock that is going to be there year in and year out, delivering growth and a solid dividend.CRWS makes infant, toddler and juvenile clothes and accessories. And it has been doing that since 1957. It's one of the largest infant product manufacturers in the world.Its market cap is just $60 million, but it has wholesale and retail relationships with everyone including Disney (NYSE:DIS), Target (NYSE:TGT), Walmart (NYSE:WMT), Amazon (NASDAQ:AMZN), Carter's (NYSE:CRI), Nautica, and the list goes on. It's very likely that if you have children, you have wrapped them or clothed them in a CRWS outfit or two.The stock is up 14% over the last 12 months and it delivers a healthy 5.3% dividend. It also just announced today that it is going to distribute a special dividend that is equivalent to around 16% for shareholders of record on Dec. 13. Why Dividend Growth Stocks Are So Important NowThese days, the global bond market is just going haywire: We've got falling and even negative yields overseas. But as investors retreat to U.S. Treasurys it's causing bizarre effects here, too. Just look at what happened this summer, when the two-year Treasury actually began to yield MORE than the 10-year Treasury.And even the 30-year Treasury can't be relied upon for good yield anymore. In August, its yield dropped below 2% for the first time ever.So -- whether you're managing big institutional cash, or your own portfolio -- you'll also want to look at the group I sometimes call the Money Magnets.Not only did these stocks earn an "A" in my Portfolio Grader tool, thanks to strong buying pressure and great fundamentals …The stocks also earn an "A" in my Dividend Grader tool. These stocks are able to pay great yields -- and have the strong business model to back it up.All in all, I've got 28 strong dividend growth stocks for you now, and one more coming, in Growth Investor … almost all of which yield more than the S&P 500. These stocks are poised to do well as we continue to see international capital flow to the U.S. markets. Click here to see how I found these stocks, and how you can get great performance out of YOUR portfolio -- come what may.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 * 7 Buy-and-Hold Stocks to Play Investing's Biggest Trends * 7 Stocks to Buy in November * 5 Strong Buy Stocks Under $5 With Massive Upside Potential The post 7 Triple-A Stocks to Buy in November appeared first on InvestorPlace.
AppFolio (APPF) delivered earnings and revenue surprises of 75.00% and 1.18%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
SANTA BARBARA, Calif., Oct. 28, 2019 -- AppFolio, Inc. (NASDAQ: APPF) ("AppFolio" or the "Company"), a leading provider of cloud-based business software solutions, today.
NEW YORK, NY / ACCESSWIRE / October 28, 2019 / AppFolio, Inc. (NASDAQ: APPF ) will be discussing their earnings results in their 2019 Third Quarter Earnings to be held on October 28, 2019 at 4:30 PM Eastern ...
AppFolio (NASDAQ: APPF ) releases its next round of earnings Monday. Get the latest predictions in Benzinga's essential guide to the company's Q3 earnings report. Earnings and Revenue Analysts expect AppFolio ...
Before putting in our own effort and resources into finding a good investment, we can quickly utilize hedge fund expertise to give us a quick glimpse of whether that stock could make for a good addition to our portfolios. The odds are not exactly stacked in investors' favor when it comes to beating the market, […]
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.
Synnex (SNX) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
SANTA BARBARA, Calif., Oct. 14, 2019 -- AppFolio, Inc. (NASDAQ: APPF), a leading provider of cloud-based business software solutions in the real estate and legal markets, today.
Check out these three cloud-focused SaaS stocks we found using our Zacks Stock Screener for tech investors to consider buying in the fourth quarter of 2019...
Editor's note: This story was previously published in July 2019. It has since been updated and republished.The concern about investing in growth stocks usually comes down to valuation. Stocks with significant growth potential usually have a multiple to match. One way around that problem is to invest in small-cap stocks, where the growth stories may not be quite as well known and the valuations may not be quite as stretched.In some cases, small-cap stocks come with more risk; but in most cases, small caps offer more potential rewards.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Tech Stocks You Should Avoid Now Here are eight small-cap stocks to buy due to significant growth opportunities. Each of these small-cap companies have valuations that lend themselves to significant upside if those opportunities are captured. AppFolio (APPF)Source: Pavel Kapysh / Shutterstock.com AppFolio Inc (NASDAQ:APPF) offers the best, and worst, of small-cap growth investing. On the positive side, revenue from AppFolio's software for property managers is growing nicely. The company's total revenue jumped about 40% last yearThe primary concern here is valuation. APPF trades at over 17 tines revenue on an enterprise basis. That's a big number in any market. It's also a notable premium to its closest peer, RealPage (NASDAQ:RP).Still, there's a reason to see more upside. AppFolio has turned profitable, and its margins should expand significantly going forward. The company's MyCase software for law offices offers another growth driver for AppFolio sales. Both software products drive exactly the kind of "sticky," recurring revenue investors are looking for in the software space.Again, valuation isn't perfect. But with earnings-per-share likely to clear 75 cents by the end of the decade, it's not quite as extreme as headline multiples would suggest. With AppFolio's growth prospects and potential as a takeout target, there's likely still some room left in the APPF rally. Chegg (CHGG)Source: Casimiro PT / Shutterstock.com Chegg Inc (NYSE:CHGG) has transformed itself over the past few years.What was formerly a company focused largely on a money-losing textbook rental business has become the go-to platform for college students in the U.S. Chegg offers a wide variety of services to students, ranging from tutoring and online study help to eTextbooks and its legacy print textbook rental business (which is now outsourced, providing a major boost to Chegg profits).Like most stocks on this list, CHGG isn't cheap, trading at over 14 times its revenue and a forward price-earnings ratio of about 52. But with the company's earnings per share expected to nearly double this year, there's enough to support a premium valuation.With Chegg increasingly looking dominant in what its CEO Dan Rosensweig has called "winner take most" markets, a takeover looks likely. Amazon.com, Inc. (NASDAQ:AMZN) has tried to attract college students by building out physical bookstores and offering free Prime memberships. Chegg, which reaches the majority of those students, would give the company both an entry into that market and a wealth of valuable data to boot. * 7 Stocks to Buy to Ride the Vegan Wave Even if Amazon doesn't come calling, Chegg's expanding service offerings and potential to target high school and graduate students suggest years of growth ahead. And even the current, somewhat pricey, valuation doesn't account for all of that potential. Varonis Systems (VRNS)Source: Shutterstock Varonis Systems (NASDAQ:VRNS) has an intriguing growth story. The company develops software for businesses that manages what it calls "unstructured data." That includes everything from emails to spreadsheets to memos.That data is growing exponentially and so is the risk it poses. As seen in leaks at Sony (NYSE:SNE) and elsewhere, there's a lot of valuable information contained in those files. Varonis protects them from unwanted entry and it organizes them for corporate managers.The importance of unstructured data continues to drive Varonis revenue higher, with the company's 2018 top-line growth expected to come in at about 20%. Sales cycles remain relatively long and intensive, as in many cases Varonis still has to prove the usefulness of the software. That's particularly true for companies who haven't had a data breach yet. As awareness increases and those cycles shorten, both revenue growth and operating margins will benefit.Meanwhile, VRNS is expected to report a profit for 2019. And yet it trades at a bit over 14 times its trailing-twelve-month revenue, plus cash. That sounds like a big multiple, but it's actually somewhat modest in the SaaS space, particularly given Varonis' growth profile.As sales grow, and that multiple expands, VRNS should continue to climb. Ollie's Bargain Outlet (OLLI)Source: Shutterstock There are very few retail growth stories in the U.S. of any size, particularly in brick-and-mortar retail. But Ollie's Bargain Outlet Holdings Inc (NASDAQ:OLLI) is one to keep an eye on.Ollie's benefits from being in the off-price channel, one of the few areas of retail that has held up well amid the pressure from online retailers like Amazon. And while Ollie's is much smaller than peers TJX Companies Inc (NYSE:TJX) and Ross Stores, Inc. (NASDAQ:ROST), in this case that's a good thing.The company's store expansion plan alone suggests years of growth ahead, with strong same-store sales contributing as well. OLLI isn't necessarily cheap, trading at 33 times analysts' consensus FY19 EPS estimate. * 7 Discount Retail Stocks to Buy for a Recession But the company is solidly profitable, has little debt, and has significant whitespace to build out its store count - and revenue. For investors who believe the off-price channel should continue to manage online competition, OLLI is an extremely intriguing choice. Shotspotter (SSTI)Source: Shutterstock Shotspotter (NASDAQ:SSTI) is a classic early-stage growth company. Shotspotter is expected to become profitable for the first time this year.The company's namesake product detects gunfire and notifies law enforcement in real time, making police response more efficient and neighborhoods safer. The product already has been deployed in major cities like Chicago and New York, with seven new cities adopting the software just last month.That growth should continue, as Shotspotter brings on additional municipalities and, eventually, expands internationally as well. Revenue is still relatively small -- just $34 million over the past year -- but a $491 million market cap leaves room for upside.Continued adoption would make SSTI a likely takeover target for defense companies like Lockheed Martin Corporation (NYSE:LMT) or Northrop Grumman Corporation (NYSE:NOC) or other larger, government-focused suppliers. And with the need for Shotspotter, unfortunately, rising every year, that increased adoption seems likely. LogMeIn (LOGM)Source: Shutterstock Video-conferencing leader LogMeIn Inc (NASDAQ:LOGM) offers a nice combination of growth and value.Trading at just 15 times analysts' consensus EPS estimate, LOGM certainly doesn't look like it's pricing in the huge EPS growth analysts are expecting this year.With video conferencing demand still increasing and top-line growth expected in 2019, LogMeIn should be able to drive double-digit EPS growth for years to come. That, in turn, suggests a fair amount of upside from current levels. * 10 Battered Tech Stocks to Buy Now There are some risks, specifically around competition. But from a long-term perspective, LogMeIn still seems to have years of growth in front of it and it's trading at a price worth paying. Shake Shack (SHAK)Source: JHENG YAO / Shutterstock.com Shake Shack Inc (NYSE:SHAK) is growing. Revenue is expected to jump 28% this year. And the company still has plenty of room to expand, and it recently opened its first restaurant in mainland China.SHAK is a bit of a turnaround play, but the Shake Shack story is still playing out. If the company can stabilize same-restaurant sales, location growth alone should drive profits -- and SHAK stock -- higher. iRobot (IRBT)Source: Grzegorz Czapski / Shutterstock.com iRobot Corporation (NASDAQ:IRBT) got a bit ahead of itself last year. In April, IRBT stock traded around $60; by late August, the stock had nearly doubled.IRBT then pulled back over 30%, subsequently rebounded back near its former highs, and then dropped again. But the category itself is growing double-digits, and Internet of Things catalysts could further drive product adoption. * 7 Stocks to Buy In a Flat Market IRBT shares aren't necessarily cheap. But at 24 times next year's earnings, IRBT isn't very expensive for a company in a rapidly growing category. With the company capable of driving 20%-plus EPS growth going forward, that multiple isn't very steep.As of this writing, Vince Martin did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Stocks That Should Be Every Young Investor's First Choice * 5 IPO Stocks to Buy -- According to Wall Street Analysts * The Top 10 Best Sectors in the Market for 2019 The post 8 Small-Cap Stocks to Buy for Big-Time Growth Potential appeared first on InvestorPlace.
Today we'll evaluate AppFolio, Inc. (NASDAQ:APPF) to determine whether it could have potential as an investment idea...
You can tell how powerful tech is simply by looking at the trade war the U.S. is in with China. While all sorts of goods are on the tariff lists, most tech, and specially consumer tech, has been left off the table.And it goes both ways. Most of U.S.-designed and engineered tech is assembled in China. The U.S. doesn't have the manufacturing technology that China has built over the past couple decades. On the other hand, China doesn't have breadth and depth of tech knowledge that most U.S. firms have, nor a system that encourages them to "move fast and break things" as Mark Zuckerberg described the startup culture.Given this reality, and the fact that consumer spending makes up about 70% of the U.S. economy, if the consumer is spending, so are many businesses.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * The 8 Worst Stocks to Buy Before the Trade Turmoil Cools Off Below are seven of the best tech stocks to buy now, all "A"-rated by my Portfolio Grader and still great additions for any growth portfolio. Tech Stocks to Buy: AppFolio (APPF)Source: Pavel Kapysh / Shutterstock.com AppFolio (NASDAQ:APPF) is a niche-based cloud services provider. It specializes in mid-sized businesses in the property management and legal services sector.Basically, it handles a lot of documents that need to be stored securely and made available quickly. Traditionally, both of these are paper-intensive businesses, so moving to digital platforms is both a great help and a costly challenge.APPF saw the opportunity to step in and help and it is now growing as more of these businesses transition into digital records or deepen their commitment to the technology.APPF stock is up 45% in the past three years and it's up 76% year-to-date. It's a bit expensive relative to its price-to-earnings ratio, but in the long term, this space has plenty of growth left. Ciena (CIEN)Source: Michael Vi / Shutterstock.com Ciena (NYSE:CIEN) is a key player in the telecommunications networking sector. That means to most consumers it's invisible.But CIEN has been around since 1992, which means it went through the dotcom boom and survived. Today, it has a $6.4 billion market cap and remains a key player in the optical switching, transport services and software markets as well as other complementary sectors.This is a big deal right now as all the major U.S. mobile carriers -- as well as carriers around the globe -- are looking to transition their systems over to 5G. This "fifth generation" of telecom promises mobile bandwidth up to a 1,000 times greater than current 4G LTE technology. * 7 Stocks to Buy Down 10% in the Past Week Up 24% year-to-date, it is in prime position for massive growth as 5G makes its way into the U.S. market. Aspen Technologies (AZPN)Source: Pavel Kapysh / Shutterstock.com Aspen Technologies (NASDAQ:AZPN) is yet another company that has its roots in ideas and people from the Massachusetts Institute of Technology. It opened its doors in 1981 and remains a force in the industry today because it's constantly looking for the next problems to solve.Essentially, AZPN works with enterprise-level organizations to improve their manufacturing and asset management challenges. Its software is used by major companies in the energy, chemical, construction, pharmaceutical, food and beverage and consumer packaged goods sectors.Its fundamental goal is to make an organization's assets work as efficiently as possible on every level. And nowadays, it has done so with subscription services as well as licensing to maximize its own recurring revenue streams.Up 63% year-to-date and still trading with a trailing P/E around 35, this is a rock-solid growth stock that can stand the test of time. Universal Display (OLED)Source: Daniel Pieterson / Shutterstock.com Universal Display (NASDAQ:OLED) is in a great sector and has a great reputation, but it can be a volatile stock.For example, while OLED stock is up 124% year-to-date and 66% in the past 12 months, the stock was at its current price level in January 2018.Because it is a leading maker of organic light-emitting diode screens, it is a leading player in this sector across the tech industry. * 10 Companies Using AI to Grow And now that demand is big -- and still growing -- it can compete on price with other previously lower-priced screen technologies. OLED screens offer significant advantages but are more expensive, so they have remained in the premium market sectors until recently.If you can take the volatility, this is a strong long-term play. Aerojet Rocketdyne Holdings (AJRD)Source: Piotr Swat / Shutterstock.com Aerojet Rocketdyne Holdings (NYSE:AJRD) is, if you can't guess by its name, an aerospace company that has roots going back to 1915. It is one of the pioneering companies that began U.S. aerospace efforts for both exploration and defense purposes.Aerojet Rocketdyne may not carry the cachet of the new space companies like SpaceX or Blue Origin. But it has been doing the work and pushing the boundaries of aerospace engineering long before the CEOs of these new companies were even born.It remains a niche player in the space, still only sporting a $4 billion market cap. But that means in good times, it's leveraged for growth far quicker than its blue-chip defense competitors. Plus, it gets a lot of their subcontracting work as well.Up 48% year-to-date yet still trading at a trailing P/E of 25, AJRD stock is well positioned to take advantage of President Donald Trump's new desire to get back into space. Just yesterday he announced the reestablishment of the U.S. Space Command. Heico (HEI)Source: Shutterstock Heico (NYSE:HEI) is another quiet pioneer of the U.S. aerospace community. Although in recent months, its cover has been blown as investors look for solid companies that have what it takes to grow.HEI has been around since 1957. The company designs and manufactures aerospace, defense and electronic-related products and services. Simply put, it builds the parts that help others build and service jet engines. It also builds the parts that are at the heart of everything that flies -- from jets, to rockets, to satellites.It also services all these components. * 10 Undervalued Stocks With Breakout Potential As space becomes a new opportunity for commerce, geopolitical advantage and exploration, HEI is at the center of all that. If it flies, HEI is likely to have something to do with keeping it flying.Up 90% year-to-date it is a rock-solid, long-term growth stock that usually doesn't get the spotlight it's currently under. PayPal (PYPL)Source: JHVEPhoto / Shutterstock.com PayPal (NASDAQ:PYPL) has certainly launched a number of our most visible billionaire visionaries, like Elon Musk and Peter Thiel.But since its early success, PYPL has found a way to remain relevant and expand. And now thanks to the financial technology wave, its time to shine has come again.PayPal was of the original "neobanks" where people could keep money or transact purchases without using a credit card or direct payments. Now it is the proud owner of Venmo, the most popular peer-to-peer money service out there.Fintech is one of the hottest sectors in the market right now. The digitalization of banking is going to be as disruptive to banking as e-commerce has been to the retail industry.PYPL has proven that it is ready for the challenge. And with a $129 billion market cap, it may not be as shiny as its smaller competitors, but it is still a powerful force.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 * The 8 Worst Stocks to Buy Before the Trade Turmoil Cools Off * 7 'Strong Buy' Stocks to Beat Volatility * 7 Mega-Cap Tech Stocks on a Rebound Now The post 7 Best Tech Stocks to Buy Right Now appeared first on InvestorPlace.
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.
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