The jobs report has come and it was much less of an event than feared. Job growth slipped, hourly compensation rose, previous job creation was revised down, and previous wage inflation was revised up. The unemployment rate remains quite low by historical standards. As I mentioned the other day, ADP has had issues with its…
This morning I made some changes in the High-Growth model portfolio. I sold 600 shares of Global-E at $43.21 which raised $25,920. And I sold the entire position in Palo Alto (105 shares) at $253.41. This raised $26,600. I haven’t made any purchases to offset these sales. I will await tomorrow’s jobs report before making…
Summary Affirm’s partnerships with Amazon and Shopify have solidified its leadership position in the buy now, pay later (BN/PL) sector. The company’s use of AI technology has also helped protect it against rising delinquencies.Despite facing challenges such as interest rate increases and a slowdown in consumer spending growth, Affirm has made strides in terms improving…
Artificial Intelligence has burst on the investment scene with the force of a tsunami the last 6 months or so. Most IT companies are now using AI internally, and most now offer solutions that are based on the technology. I have gotten some questions about what stocks in which to invest in to take advantage…
Summary Smartsheet’s share price decline has brought its EV/S ratio to around 4.5X, with a projected free cash flow margin of around 12% over the next 12 months, making it an attractive investment opportunity.The company is a leader in the workflow management space, with strong growth in profitability and free cash generation, and is set…
Another risk to consider: Pagaya has operated two consumer credit funds in Israel that have been a source of capital for the company’s loans. At the end of last year, the company wrote down the value of the loans in one of those funds resulting in a 1.74% negative return in the month of December…
Summary Pagaya is a fintech company that uses AI technology to underwrite loans and has partnerships with major financial institutions like Visa, SoFi Technologies, and Ally Technologies.Despite a challenging environment, Pagaya has managed to grow its revenues and maintain a stable business model.However, the company’s shares are not for the faint of heart, as they…
I have been thinking about this for some time now. The fact that there is a little consolidation activity going on today was not a factor in my preparing this post. For the most part Ticker Target, while I think of it as a unique service, is based on traditional analysis leavened by some of…
Summary GitLab’s shares have experienced significant volatility, but the company remains a technology leader in the DevSecOps space with a potential market size of over $23 billion by the end of the decade.The company has introduced AI and machine learning features to its platform, which could drive growth and improve its competitive position in the…
I don’t make a practice of harping on recommendations. Ultimately, if the analysis is right, the stock price will take care of itself. But sometimes stocks trade in peculiar ways that belie reality. I think that continues to be the case with the shares of Alteryx, and I wanted to bring that to the attention…