While many subscribers do not look at the Income/Stability portfolio that we publish we continue to update it and to manage it carefully. The performance of the portfolio this year has been strong, mainly a function of the very significant appreciation in Dell shares. As foreshadowed in this week’s commentary, we decided another trim of the Dell…
The stock market, after making several daily records, is under pressure today. Hi-growth software stocks have fallen and ServiceNow shares along with shares of IBM have seen significant drawdowns. I strongly felt that the sell-off in Service Now was not a reasonable interpretation of the quarter just reported and added to the position. And overall, I used the proceeds…
Alphotographic/iStock via Getty Images What’s new at Axon: Operationally business has seen strong positive trends; the stock price has become compressed It has been 18 months since I last wrote about Axon (AXON) for SA. After rising to almost $900 a share before a poorly received earnings report, the shares have fallen by no less than 59% since…
Earlier this week, Cloudflare shares had been upgraded by the analysts at Piper Sandler with a price target of $255. Initially the shares spiked by about 10.6% in reaction to the upgrade and the general recovery in the space. Subsequently the shares have consolidated. We took advantage of the consolidation to add 80 shares of…
I made some changes in the high growth portfolio this morning. I decided to sell 500 more shares of Nebius shortly after the opening and I got a fill at $167.29. There is an old Wall St. saying about trees not growing to heaven. Nebius is up 95% so far this year. I have presented my model…
Shares of Nebius have spiked significantly this week. The spike carried the shares to a portfolio weight that was simply too high for comfort. We sold 500 shares of Nebius in the high growth portfolio at $148.99 and that raised $74,495. We now have a 2700 share position in Nebius which is a weight of 22.7% in…
Sundry Photography/iStock Editorial via Getty Images Arista: An AI Infrastructure vendor with best in class profitability It has been about a year since I last reviewed Arista with an article on SA. It has been a rare tech stock that has shown meaningful appreciation over the past year. While the shares have risen by more than 100%…
This has been yet another week of pain and disappointment. Despite seeing some strong performance because of upside earnings from Braze, Navan and Unity, the high growth portfolio has depreciated. Stocks are being sold more or less independent of valuation or business outlook. Sentiment seems to be stuck in negative. The war, the SaaSpocalypse theory, interest…
We sold 250 shares of our 1000 share Dell position at $182.82 and now have 750 shares. The sale raised $45,695. We sold the Dell shares for 2 basic reasons. The portfolio concentration in Dell had reached unacceptable levels. Before the sale, Dell had reached a weight of more than 43% in the income/stability portfolio;…
hapabapa/iStock Editorial via Getty Images Rubrik: An exceptional quarter, a strong outlook and another set of solutions that could take the IT world by main force! If you live in NYC and take buses, then you are well aware of just how slow they can be. Cross-town buses in NYC are said to average about 6 mph.…