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Appian Stock Surged 295% in 2020: Is It a Buy for 2021?


Shares of the low-code app-creating company Appian Corporation (NASDAQ: APPN) skyrocketed 300% in 2020 as investors put their money in companies they believed could perform well during a recession and pandemic. Clearly, those investors haven't been disappointed, but with Appian's stock gaining so much in 2020, is the company still a buy?

I think there are two reasons why this tech stock still has room to grow in the coming years and why investors may want to consider picking up some shares.

Image source: Getty Images.

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Source Fool.com

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