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AYX - Alteryx: Current Leader With A Quickly Evaporating Moat
Alteryx Inc. Class A
Big data is all the rage these days and the market for self-service data analytics solutions is new and rapidly evolving. Alteryx (AYX) is one such company that has taken advantage of the excitement in this space as the stock is up almost double its price YTD. And by all metrics, the company is doing well with second-quarter revenue up 59% YoY at $82.0 Million and net expansion rates of over 130%. It is in my view that the company will continue its rapid growth in the near future as more companies move