Should You Sell Tyler Technologies (TYL)?

As an investor, you might be wondering whether to hold onto your Tyler Technologies (TYL) shares or sell them. With a market share of 1.76% in the Technology Sector and 1.88% in the Software & Programming Industry, TYL faces stiff competition from giants like Oracle Corporation. However, before you make a decision, let's explore some factors that could influence your choice.

First, consider TYL's revenue growth and profitability. In Q1 2024, TYL's revenue grew by 8.44% year on year, which, while lower than the average revenue growth of its competitors (16.77%), still indicates positive growth. Additionally, TYL's net margin of 10.59% is higher than its competitors' average, demonstrating strong profitability.