Thoughts on company BlackLine (BL)
by 1955chevybelair | March 10, 2020 5:18 pm
Was curious to get Travis’s and others opinion on this company called BlackLine (BL). It is a newer company IPO[1] in around 2017. But I cam across it a couple weeks ago and have been doing some research on it and it seems like they have a lot of potential for growth. It’s an SaaS company that provides financial accounting close solutions as a software as a service. What really caught my eye tho is that they have Nike (NKE)[2], Coca-Cola (KO), Costco (COST)[3] and some other big names as well. I have started a small position myself as I think there is a lot of potential here, kinda of like Docusign (DOCU) but I missed that boat. Just thought I would share this with everyone and get their thoughts.
Happy investing.
- IPO: https://www.stockgumshoe.com/tag/ipo/
- Nike (NKE): https://www.stockgumshoe.com/tag/nke/
- Costco (COST): https://www.stockgumshoe.com/tag/costco/
Source URL: https://www.stockgumshoe.com/2020/03/microblog-thoughts-on-company-blackline-bl/
Stansberry recommended it in one their portfolios as well.
It has potential one of the banyan hill newsletters recommended it too.