Good Monday everyone and welcome to the BCB Cyber Series that takes on the Tech stocks that can provide the cyber-fuel we need to pursue our digital wealth passions.
We are talking about tech growth today. As always, we are digging for the cyber fuel we need. For all these growth stocks we are looking for top-line revenue growth of 20% or more!
Growth of Alteryx
Before we dive too deep though, as always BCB Cyber loves the deep dive, we also strongly advocate that you don’t act solely on anyone’s opinion, even ours! Make sure we are all thinking for ourselves as self-definers and making our own decisions. In the end, the responsibility is on each one of us as individuals. So decide wisely!
Jumping right in, we do these quick deep dives so we can all get the info we need but also do so in a way that keeps us going in our day. To do this the BCB Cyber way we cover 3 quick pieces of important information. First, we tackle the story to find out who and what the company is, second, we look at the numbers both positive and negative, and finally we discuss our position on the stock.
This is TS2B, Tech Stock to Buy, hi growth edition, and this week we are going to take on Alteryx, the Irvine California data science and analytics software company. High growth for BCB Cyber again takes on that 20% growth in the past and future.
Alteryx is one of the fastest-growing companies out there in an incredible growth sector. Recognized as a distinguished company in the same industry as Salesforce, Shopify, and Snowflake; Alteryx is a data science and analytics company we need to consider.
1 – STORY
Alteryx is an incredible company with a fantastic growth story. It hits all the story-lines we’d love to see in a disruptive tech company. The following graphics highlight the following: Strong, well recognized leadership, a strong and growing customer base, management that develops a strong platform for product excellence, a product that takes on a full market niche, not just chunks of it, and a proven environment that is prime for a company that is financially healthy and primed for growth. Alteryx fits all these categories in story!
Alteryx Company Info in the above graphics is combination from Alteryx Investor Presentation (2Q 2020) and Simply Wall Street blended with BCB Cyber Fuel for a whole new experience!
2 – BY THE NUMBERS
BCB Cyber loves to follow five specific metrics: Sales/Revenue Growth (noted above), Future Price to Earnings Ratio, Return on Assets, Operating Margin and Debt Considerations. While Alteryx does have a few risk factors, not limited to a high Future P/E (common to its peer companies in their industry), it does also hit on several key other metrics: a positive Return on Assets, a Positive Operating Margin, and Debt that can be well covered by its assets and that is manageable. Alteryx demonstrates these attributes in the following.
Alteryx Company Info above from Yahoo! Finance blended with BCB Cyber Fuel for a whole new experience!
3 – THE BCB CYBER TAKE
As of this morning, on 10.12.2020, my own portfolio has position of 9.35% in Alteryx with a cost basis of $110.00. This is definitely a stock worth buying at the right price and one that BCB Cyber believes to be the right fuel for the fire! As always, think for yourself, do your own homework, and cyberize your life with the best in disruptive tech. Learn more in our Wealth Section and dive deeper with Establishing the Baseline!