Is Bill Holdings a Stock to Buy and Hold Forever? Here's Why It Could Be.
Bill Holdings (NYSE: BILL) is a software-as-a-service, or SaaS, company that provides a platform for small and midsize businesses to conduct their financial operations.For example, customers can automate accounts payable, manage cash flow and expenses, connect with customers and suppliers, and much more. It leverages AI technology to maximize the capabilities and efficiency of its platform.Bill Holdings' revenue grew sharply during the COVID-19 pandemic as businesses invested heavily to automate processes, but its growth rate has since slowed a bit. However, the stock is around 85% below its all-time high at recent prices despite a large market opportunity and a revenue growth rate above 20%.Continue reading
Bill Holdings (NYSE: BILL) is a software-as-a-service, or SaaS, company that provides a platform for small and midsize businesses to conduct their financial operations.
For example, customers can automate accounts payable, manage cash flow and expenses, connect with customers and suppliers, and much more. It leverages AI technology to maximize the capabilities and efficiency of its platform.
Bill Holdings' revenue grew sharply during the COVID-19 pandemic as businesses invested heavily to automate processes, but its growth rate has since slowed a bit. However, the stock is around 85% below its all-time high at recent prices despite a large market opportunity and a revenue growth rate above 20%.
