Jim Cramer - Mad Money
Bill.com Holdings
BILL-N
COMMENT
Nov 13, 2020
A cloud company that helps small-medium companies automate their back office. It went public in late 2019. He recommended it then. He likes it because it helps its clients save money. It has soared, but is now up to a pricey 40x sales. They reported a strong quarter last week but the stock has fallen back some. Perhaps a buying opportunity.
Coupa vs. BILL-N Similar companies involved in the cloud and enterprise services. BILL helps automate financial operations. BILL is more expensive than Coupa, although Coupa has a much faster growth rate and better earnings. Coupa is better.
The market viewed this as too expensive. He consider their product, though, as a way to play the reopening, because their platform helps users keep track of bills. Their product has great value.