Tyler Technologies, Inc. (TYL) is a company that until recently has not captured my attention. Tyler provides software services to local and state governments, and this quite frankly doesn't excite me in normal times.
(Source: Tyler Technologies)
In general, revenue growth of 16% CAGR is less than I typically look for, and much of the growth comes from acquisitions, 31 acquisitions since 2006. I am usually crooning over hot high-growth stocks in excess of 30% CAGR revenue growth.
But times are not normal, and I have a new appreciation for companies with customers that don't