3 Disruptors I Love Right Now

Disruptive companies often deliver the largest investment returns as they transform industries and grow into giants. Of course, for every Alphabet, Meta Platforms, and Amazon, there are hundreds of promising businesses that flame out. Investors with high risk tolerance need to consider market opportunity and competitive advantages when choosing where to put their money. These three disruptors all offer compelling long-term investment cases.

(NYSE: AYX) offers an analytics automation platform. The software enhances efficiency and capabilities across functions such as data science, analytics, machine learning, and reporting. Data is playing an increasingly important role in operations for businesses across the full spectrum of sizes and industries, but it's not always cost-effective to build an analytics team. Alteryx intends to fill that role, and it's already attracted more than 8,000 customers.

Alteryx delivered 26% revenue growth last quarter despite dealing with macroeconomic headwinds. Importantly, it also achieved 121% dollar-based net expansion rate, which looks at how much more existing customers are spending and is a strong indicator of product quality and customer satisfaction. This illustrates that the company is retaining a large percentage of subscribers and significantly expanding relationships with them.

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Source Fool.com