Part 2: Deep dive on AppFolio (APPF)

Feb 23, 2024

∙ Paid

Paid subscribers to Jonah’s Growth Stock Deep Dives receive 2-3 deep dives per month (8,000+ words), 2-3 mini deep dives per month (2,000+ words) and quarterly earnings analysis (on most of my portfolio companies) plus access to my investment portfolio (up +81% YTD in 2024, up +134.7% in 2023 and up +1,780% since January 2020) with real-time activity and notes/commentary throughout the day on my portfolio spreadsheet.

My investment strategy is to own 20-30 of the best growth stocks with the best fundamentals at the most reasonable valuations — if the fundamentals begin to disappoint or the valuation no longer looks compelling then I’m trimming or selling my position. I don’t own stocks, I rent them, and I keep renting them as long as the fundamentals still look good, the valuation still looks good and my investment thesis still looks good. I want stocks that have at least 50% upside within 1-2 years and at least 100% upside within 3-4 years. If I buy stocks that are too expensive or the fundamentals aren’t good enough or my investment thesis is weak — I’ll never hit my investment targets.

Here is part 1 of the APPF deep dive…

Part 1: Deep dive on AppFolio ($APPF)

Jonah Lupton

February 18, 2024

Paid subscribers to Jonah’s Growth Stock Deep Dives receive 2-3 deep dives per month (8,000+ words), 2-3 mini deep dives per month (2,000+ words) and quarterly earnings analysis (on most of my portfolio companies

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