Here’s Why Ensemble Capital Likes Blackline (BL) Stock

Ensemble Capital, an independently-owned investment firm, recently published its first-quarter Ensemble Fund commentary – a copy of which can be downloaded here. During the first quarter of 2020, the Ensemble Fund returned -18.6%, while the benchmark S&P 500 was down 19.6%.

In the said letter, Ensemble Capital highlighted a few stocks and Blackline Inc. (NASDAQ:BL) is one of them. Blackline offers cloud-based software platform. Year-to-date, BL stock gained 16.7% and on May 4th it had a...