- New Relic is the leader in an industry that is still in the very early innings with lots of growth ahead of it.
- Coming up with new applications broadens its TAM and offers increasing opportunities for up-selling.
- Unlike many other cloud platforms, financials are already very sound with substantial cash generation and non-GAAP profitability.
Source: Sell-Off In New Relic Offers An Opportunity – New Relic (NYSE:NEWR) | Seeking Alpha