The Traderszone Network

Published in TZ Latest News 4 August, 2017 by The TZ Newswire Staff

Why Ellie Mae’s Stock Is a Buy

Recently, I made the case that the market’s sell-off of Ellie Mae (NYSE: ELLI) was overdone. Concerns about rising interest rates and slower mortgage activity were detracting from the long-term competitive advantages the company was successfully building. I even made a case that now could be a good opportunity for patient investors to initiate or add to a position.

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