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AVLR - Avalara: Best Time To Buy This SaaS Leader
May, 07 2022 06:09 AM
Avalara Inc.
Shares of Avalara skyrocketed nearly 10% after posting a fantastic beat-and-raise in Q1, hopefully igniting a rebound trend. The company still enjoys a greenfield market environment for tax automation. With positive pro forma operating margins, Avalara is also a rare SaaS stock that balances strong growth with bottom-line progress. Trading at ~7x forward revenue, Avalara is very favorably valued for a long-term investor. For further details see:
Avalara: Best Time To Buy This SaaS Leader
Stock Information
Company Name:
Avalara Inc.
Stock Symbol:
AVLR
Market:
NYSE
Website:
avalara.com
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