Summary Pure Storage’s FlashBlade/E product has the potential to replace spinning disc storage with its cost and performance advantages, driving significant growth for the company.The company’s partnership with NVIDIA and its AI-ready infrastructure could also contribute to growth in the coming years.Pure Storage’s valuation remains attractive, with a projected 3-year CAGR in the low 20%…
Writing a blog for investors in the IT space can be a humbling undertaking. Changes can happen in days that upend an investment thesis. And these changes can make an analysis as ephemeral as the blossoms on fruit trees and horse chestnuts that come down in the spring. It has not been 2 weeks since…
Summary Nutanix has shown impressive sales momentum and expense management, with competitive success against rival VMware.The company’s transition to a SaaS deployment model and focus on hybrid multi-cloud offerings positions it well for sustained growth.Nutanix’s valuation remains reasonable, and its potential to benefit from the AI revolution could further boost its growth prospects. Nutanix: Impressive…
Summary ZoomInfo’s most recent quarter showed some green shoots in terms of percentage revenue growth.The company has introduced some initial functionality employing ChatGPT and the company’s Chorus technology.The company’s functional differentiation has continued to amplify and has allowed the company to enjoy premium margins.The business model has shown resilience with adjusted operating margins and free…
I know that most subscribers have significant positions in Snowflake shares and are looking at the after-hours price and wondering if this is another leg down. Obviously while the quarter that was reported was more than satisfactory, the recent trends in consumption were such that the company felt obliged to reduce guidance. Just for the…
Palo Alto reported a decent quarter, with revenues in line, billings ahead of the forecast and continued strength in earnings and free cash flow generation. Bookings, calculated by looking at the growth in RPO balances actually showed accelerating trends. The growth in the company’s largest customer cohorts showed acceleration, with several 8 figure transactions. Part…
Performance Chart Update We have updated the charts. The charts that were sent Monday morning did not include the two transactions we made on Friday. These charts include those transactions. I am sorry for any inconvenience. The totals of the charts were correct but of course we have to furnish charts that reflect all of…
We have made a change in the high growth portfolio Friday morning. We have sold 80 0f the 180 share position we had in Snowflake at $181.59 which had been our limit, which netted $14,510. We bought 750 shares of Sentinel one at a price of $19.04 which cost $14,270. Overall these transactions resulted in…
Summary SentinelOne shares have essentially tracked the movement of overall high growth companies for the last several months.The company has forecast far more modest growth than it has recently achieved.Margins, while improving, have a long way to go, and in particular, sales and marketing spend remains at exceptionally elevated levels.The company’s technology has been built…
Monday.com Monday.com reported another quarter of upside results on Monday, May 15. Specifically, revenues of $162 million, compared to its prior forecast for revenues of $155 million. In turn, the company reported non-GAAP breakeven for the quarter, compared to a prior forecast a non-GAAP loss of $18 million. The company doesn’t forecast cash flow, but…