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BlackLine, Inc. (BL): A Bull Case Theory

We came across a bullish thesis on BlackLine, Inc. on Show me the incentives...’s Substack. In this article, we will summarize the bulls’ thesis on BL. BlackLine, Inc.'s share was trading at $54.37 as of August 29th. BL’s trailing P/E was 42.15 according to Yahoo Finance.

[caption id="attachment_522212" align="aligncenter" width="750"] Copyright: welcomia / 123RF Stock Photo[/caption]

BlackLine, Inc. (BL), a $3 billion NASDAQ-listed enterprise software company specializing in automating financial close and accounting processes, is at an interesting inflection point. Founded...