Reported 1 day ago
A recent analysis presents a bullish case for CoStar Group, Inc. (CSGP), emphasizing its strong subscription-based revenue model and global expansion efforts. Despite its high valuation at a P/E ratio of 68x, the company shows consistent growth potential, boasting predictable earnings and a solid market position in commercial real estate data. Analysts highlight its substantial cash reserves and proactive capital allocation, while also noting that potential antitrust risks appear manageable. Overall, the sentiment remains positive for long-term investors.
Source: YAHOO