I want to start by making an unusual comment. At Ticker Target, we make it a point to ensure that all of our subscribers receive content on a timely basis. If there is a problem, we want to know about it. To do so, however, we need some kind of payment confirmation information. We have…
Is the sky falling? The quick answer is that it isn’t. But investors are often myopic and most often over react. Yesterday, Aug. 1st, saw some disappointing economic metrics reported. These included a noticeable rise in 1st time unemployment claims, a further contraction in the ISM manufacturing index and a contraction in construction spending. Today has…
SummaryNutanix has become a company generating substantial free cash flow as well as strong revenue growth. Nutanix shares have experienced significant volatility, with recent drops in value due to market sentiment and cautious guidance. The company is a market leader in hyper-converged solutions and is expanding its product offerings beyond HCI. Despite challenges, Nutanix is…
After considering my options overnight, I have decided to make some small additions to the High Growth portfolio-about half the level that I had initially considered. I bought 250 shares of Affirm @ $26.69 for a cost of $6680. The high growth portfolio now has 1450 shares of Affirm with a weight of 3.9%. I…
The market today turned turtle. Although I don’t try to keep track of these things, today, Wednesday, July 24th was the worst day this year in terms of the performance of our high growth portfolio which fell by 4.5%. The QQQ ETF fell by 3.6% and the S&P index fell by 2.3%. Nvidia shares fell by…
Summary SentinelOne is a fast-growing cyber-security company with a strong product portfolio and continued market share gains. The company has made significant progress in improving its business model, achieving profitability, and generating free cash flow. Despite risks such as sales execution challenges and market shifts, the company’s advanced offerings like Purple AI make it a…
This morning Reuters published an article in which it suggests that GitLab has hired investment bankers and has seen interest from a variety of potential purchasers including Google and Amazon. Rumors about a GitLab sale have been circulating from time to time. The founder and CEO of GitLab, Sid Sijbrandij has been battling cancer and announced that his…
Just as a point of interest, today is AI Appreciation Day. I have no immediate plans to celebrate, other than to note that marketers can find reason to celebrate something every day of the year, and today is for AI. One lady wrote on one of the AI sites that I read that she has opted…
The weather here is definitely that of midsummer and perhaps it has impacted the cognitive processes of investors. Most headlines have proclaimed that tech is on fire and companies such as Nvidia, Apple and NetApp are reaching new, all-time highs daily with lots of hype and fluff. I won’t get too down on NetApp as…
Summary Pure Storage continues to gain market share within its category of all-flash-arrays in enterprise data centers. Pure shares have risen by almost 80% in 2024 but pulled back 10% recently due to concerns about AI opportunities and competitive pressures. Pure is transitioning to a subscription model, impacting reported revenue growth but expected to accelerate…