Many subscribers have positions in Pagaya. The company released its earnings earlier today, May 9, 2024 and the shares finished the day with a gain of 20%. I would point out though, that while the shares were up 20% today, they are still well below where they were prior to the company announcing its secondary.…
Shift 4 reported results yesterday. The headlines proclaimed that the company missed consensus expectations and issued mixed guidance. We own a significant position in Shift4 shares in the high growth portfolio and have recently re-recommended the shares. So, I thought I would devote a bit of analysis to what was reported and why the shares…
Bought 100 shares of Affirm at $32.61 and bought 550 shares of Sprout Social at $26.69 We made two purchases in the high growth model portfolio this morning. We bought 100 shares of Affirm taking our holding to 1200 shares. That is a weight of about 4%. The purchase cost $3265. We added 450 shares…
As I sometimes write, I have been doing this a long time. I have seen a lot, experienced a lot, some bad, some good, some fluky and well…I think readers get the picture. Yesterday, however, I saw something new: Affirm reported a blow-out quarter-‘slayed” was the work used by the CEO, and while again, I…
Its business growth is accelerating, its profitability is rising… but guidance appears to be using a methodology designed to be exceeded! Reaffirming my buy recommendation! Datadog (DDOG) reported the results of its Q1 pre-market today, May 7, 2024. The results were a noticeable beat for both revenues and free cash flow. Revenues for the quarter…
I usually cover earnings releases as part of the weekly commentary. But sometimes, I feel a separate update is warranted. This is one of those times. Before turning to company commentary, I think it is relevant to note the context. After several months of strong growth in new jobs and in other labor metrics, the…
Summary Datadog shares have been trading within a range over the last several weeks after a substantial move from Oct. 2023 till February. The company reported a record bookings quarter and overall strong operational performance when it reported in February. The company’s forecast for revenue growth seems to be substantially less than likely based on…
Summary Global-e is the leader in direct-to-consumer, cross-border, e-commerce, a rapidly emerging category. The company’s guidance the last two quarters reflected macro uncertainties and led to share price sell-offs at the time of the earnings release. The current forecast seems unusually de-risked. The company’s Market Pro offering, a product of its partnership with Shopify, is…
Panics, like bubbles come and go. We are currently experiencing a bit of a panic, although a 2 day + pullback of around 8+% is only borderline panic. The causes are well known. The greatest cause is geo political angst…the potential of a general outbreak of war in the Middle East as various state actors…
Summary Shift4’s shares have fallen by 21% since no satisfactory takeover bids were received, making them undervalued. The company’s rapid revenue and profitability growth, along with strong free cash flow conversion, make it an attractive investment. Shift4’s differentiation in the payment processing space, particularly with its SkyTab POS system, positions it for continued growth and…