Did Appfolio (NASDAQ: APPF) come up at your last Zoom video happy hour or virtual family gathering? I'm guessing it probably didn't. Since it's not a consumer-facing company, it's not widely known, and its name doesn't even help you understand that it provides software for property managers and legal firms to manage their businesses. But for investors who are interested in a growing software specialist, this is one under-the-radar stock that is worth getting to know.
Let's take a peek at this niche software-as-a-service (SaaS) provider, see what it's doing to help customers get through the coronavirus, and look at why it's an attractive investment today.
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