I am well aware that many subscribers have substantial positions in Rubrik shares. So, rather than waiting for the commentary I write each weekend, I am providing some analysis that might be helpful in evaluating the company’s business and its outlook. Just encapsulating my impression-the results were all that anyone might have hoped for. And…
I sold 150 shares of Rubrik this morning at a price of $98.99 and that leaves a position of 950 shares and a weight of 6.84% in the portfolio. That is the position I intend to carry into earnings tomorrow. I have gotten more than a few questions/comments about my thinking and strategy regarding my…
Summary Nebius delivered a standout Q1, with ARR surging 177% sequentially and revenue up 385% year-on-year, confirming hypergrowth in demand for its AI infrastructure solutions. My buy recommendation is reaffirmed: Nebius’s differentiated full-stack AI platform, rapid capacity expansion, and strong management underpin its ambitious multi-billion dollars of revenue with an adjusted 20%-30% EBITDA margin. Risks…
We made some changes in the high-growth portfolio We sold another 400 shares of Rubrik at 99.73. That brings our holding down to 1100 shares. It now has a weight of approximately 8.1% in the high growth portfolio. The sale netted $39,880. As is often the case, Rubrik shares are having a hard time crossing the…
We added 200 shares of Nebius to the high growth portfolio this morning at a price of $35.11. Nebius shares have been under pressure for the last few days. Today, the company announced that it had entered into a private placement in which it sold $1 billion of convertible preferred shares in 2 tranches. The…
Shares of Rubrik spiked a little this morning and I got off a sale of 300 shares at my limit of $96.99. I had tried for more, but this was the best price at which I got a fill. Investors-or dare I say traders have been very picky with how they react to earnings. Shares of both…
I realize by some of the questions I have received that not all of our subscribers exited the Sentinel One position when I did. The company reported today, and the after-hours price action has the shares down 11% to around $17.40. The results for the quarter were a small beat although the company’s free cash…
Summary Dynatrace is one of the clear leaders in the observability space, driven by differentiated AI technology (Davis) and a robust platform approach (Grail, DPS). Despite macroeconomic uncertainties, Dynatrace’s prudent guidance, strong pipeline growth, and expanding enterprise focus position it for revenue acceleration beyond current forecasts. The company’s simple, transparent pricing and successful channel strategy—especially…
AS we had discussed in this week’s commentary, we believed that the recent appreciation of IT stocks had taken some of the positions in the portfolio to valuations that were a bit stressed. Today, that opinion was seconded by the analyst team at Raymond James with regards to Nutanix. That precipitated our sale of a…
Summary Xometry’s AI-powered marketplace is uniquely positioned to benefit from supply chain reshoring and tariff-driven sourcing complexity, driving accelerating growth. Recent earnings show robust revenue growth and raised guidance, yet the stock trades at a compressed valuation, offering significant upside potential. Despite macro uncertainty, Xometry’s solutions are increasingly relevant for enterprise customers seeking procurement efficiency…