Why NYSE:AIF is Poised for High Growth.

In this article we will dive into APOLLO TACTICAL INCOME FUND (NYSE:AIF) as a possible candidate for growth investing. Investors should always do their own research, but we noticed APOLLO TACTICAL INCOME FUND showing up in our CANSLIM growth screen, which makes it worth to investigate a bit more.

Why NYSE:AIF may be interesting for canslim investors.

• With a favorable trend in its quarter-to-quarter (Q2Q) earnings per share (EPS), APOLLO TACTICAL INCOME FUND highlights its ability to generate increasing profitability, showcasing a 167.0% growth.
• The q2q revenue growth of 59.71% of APOLLO TACTICAL INCOME FUND highlights the company's ability to generate incremental revenue and suggests positive market demand for its products or services.
• APOLLO TACTICAL INCOME FUND has experienced 70.91% growth in EPS over a 3-year period, demonstrating its ability to generate sustained and positive earnings momentum.
• The Return on Equity(ROE) of APOLLO TACTICAL INCOME FUND is 11.85%, which is a strong number. This indicates the company's ability to generate favorable returns for shareholders and reflects its effective management of resources.
• The Relative Strength (RS) of APOLLO TACTICAL INCOME FUND has consistently been strong, with a current 80.33 rating. This indicates the stock's ability to exhibit relative price outperformance and reflects its competitive strength. APOLLO TACTICAL INCOME FUND demonstrates promising potential for sustained price momentum.
• APOLLO TACTICAL INCOME FUND maintains a healthy Debt-to-Equity ratio of 0.58. This indicates the company's conservative capital structure and signifies its ability to effectively manage debt obligations while maintaining a strong equity position.
• The ownership composition of APOLLO TACTICAL INCOME FUND reflects a balanced investor ecosystem, with institutional shareholders owning 30.19%. This indicates a broader market participation and potential for increased trading liquidity.

Insights from Technical Analysis

ChartMill assigns a Technical Rating to every stock. This score ranges from 0 to 10 and is updated daily. The score is determined by evaluating multiple technical indicators and properties.

We assign a technical rating of 10 out of 10 to AIF. Both in the recent history as in the last year, AIF has proven to be a steady performer, scoring decent points in every aspect analyzed.

• The long and short term trends are both positive. This is looking good!
• Looking at the yearly performance, AIF did better than 80% of all other stocks. We also observe that the gains produced by AIF over the past year are nicely spread over this period.
• AIF is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
• In the last month AIF has a been trading in a tight range between 14.63 and 15.45.

Check the latest full technical report of AIF for a complete technical analysis.

Fundamental analysis of NYSE:AIF

Every day ChartMill assigns a Fundamental Rating to every stock. The score ranges from 0 to 10 and is determined by evaluating multiple fundamental indicators and properties.

Overall AIF gets a fundamental rating of 3 out of 10. We evaluated AIF against 0 industry peers in the Unkown industry. AIF scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. AIF is quite expensive at the moment. It does show a decent growth rate.

Check the latest full fundamental report of AIF for a complete fundamental analysis.

More ideas for growth investing can be found on ChartMill in our CANSLIM screen.

Keep in mind

This article should in no way be interpreted as advice in any way. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.