Monday.com reported its results this morning. The results were quite a bit stronger than expectations. The company reported revenue growth of 30%, and the result was about 2.5% above the prior consensus. EPS of $1.10 for the quarter was actually $0.40 greater than the company had previously forecast. The free cash flow margin for the…
Buying 150 shares of Affirm Affirm shares have fallen by almost 14% this morning. The drop supposedly reflects disappointing guidance. The guidance was prudent, actually a raise, and the conference call highlighted both the resilience of the model, some notable new partnerships such as that with Costco, and some guard rails for running the business…
One thing about the work I do: is never boring but while not being boring it often requires making sense of the illogical. And it can require lots of patience and fortitude. I, along with many subscribers, have waited for Pagaya to report a quarter without hair. Finally, the day has arrived- and the shares…
Arista reported results last evening. The results were a significant beat with revenues running 1%+ above the prior consensus and EPS beating expectations by 10%. The company increased expectations for revenues and margins for the current quarter. The shares, however, have fallen by 8.5%. The share price slide is based on this: Now turning to…
Summary Lemonade, an AI-driven property/casualty insurer, offers renters, homeowners, auto, pet, and term life insurance, aiming for 30%+ growth in revenues and in-force premiums. Despite recent stock declines and analyst skepticism, Lemonade’s AI and automation focus positions it to improve profitability and cash flow, making it a contrarian buy. Lemonade’s success hinges on its auto…
Shares of AppLovin pulled back sharply this morning in the wake of a disappointing earnings report from Snap. The earnings report itself was not particularly dire but the company refrained from providing guidance and this was considered disappointing. While the Snap didn’t provide guidance it is cutting opex by $50 million compared to its prior…
I realize that most subscribers do not look at the Income/Stability portfolio but we do monitor it and make changes in it from time to time. Pegasystems was up by 34% this morning. Its spike is related to an earnings report that is a bit misjudged. The company booked a one time subscription transaction that…
Summary AppLovin’s shares are undervalued due to a 50% drawdown, despite strong growth in its core in-game advertising business and promising expansion into e-commerce advertising. Three catalysts could drive a rerating: potential earnings surprise, a report refuting short-seller allegations, and the sale of the game studio business. AppLovin’s Axon platform, leveraging AI for targeted advertising,…
On Wednesday evening, the President took revenge on the former Director of what is called the Cybersecurity and Infrastructure Security Agency, Chris Krebs for not supporting the allegations regarding the integrity of the 2020 presidential elections. The order included allegations against Krebs for allegedly “blinding” the American public about the controversy over Hunter Biden’s laptop,…
Ticker Target Invest Philosophy In the wake of the excruciating fall of high growth IT shares I have been asked frequently about the Ticker Target investment philosophy and how it works in these difficult times. Obviously in looking at a drawdown of 34% in just over 6 weeks provides plenty of motivation for introspection and…