Ellie Mae, A Market Leader Trading At A Discount

  • The company still manages to grow through headwinds from the mortgage markets, taking market share.
  • The mortgage market is expected to turn in the second half of next year.
  • Their platform enables customers to cut costs so it’s also relevant during lean times.
  • One can buy the market leader at discounted prices right now although it’s unlikely to generate an instant return.

Source: Ellie Mae, A Market Leader Trading At A Discount – Ellie Mae, Inc. (NYSEMKT:ELLI) | Seeking Alpha