Healthy skepticism is the stock in trade of analysts and investors. That is particularly true in the tech space. Many dreams don’t get realized or get realized in a far distant form. I have written my share of recommendations on Oracle. The last barely 2 months ago when the shares were $293. This is an article reaffirming…
I added 300 shares of Pure Storage to the high growth portfolio at $72.56. This brings the Pure Storage position to 2700 shares and a weight of 9.4% in the high growth portfolio. I was a bit precipitate and caught a falling knife. But I would rather be there than not, and I will remind myself about…
Pure reported a mainly in-line quarter and raised guidance. The shares in the pre-market are down 16%+ although they were up by nearly 7% the day before. Basically, the shares are down about 10% from where they had been before yesterday’s spike. That said, and more relevant for me, over the last month the shares…
We sold the last 100 shares of the Snowflake position. Snowflake spiked up today in sympathy with the strong results reported by MongoDB. I imagine that Snowflake, which reports tomorrow did have a strong quarter-I am just now sure if the upside will be strong enough to sustain the share price spike. Snowflake is a volatile stock, and…
Summary Nebius is a leading competitor in the neocloud space. The company offers a full stack solution and the performance of its stack is said to be market leading. The company has recently acquired customers such as Meta and Microsoft who have contracted for billions of dollars of Nebius service. The company has also acquired…
We sold the remaining 400 shares we had of GitLab this morning. We sold the shares at $41.09 and this raised $16, 435. In the course of researching the article I am writing about Nebius, I came across a company called Cursor. While not an exact competitor, Cursor has increased its ARR by 10X to $1 billion…
The last couple of weeks have been painful for investors in high growth IT shares-brutal really. With a crescendo of bubble articles and headlines talking about stretched valuation, good news got interpreted negatively and indifferent news resulted in significant share price compression. Basically, as the year end approaches, some investors, with significant gains have moved…
Summary Pagaya (PGY) reported a strong quarter with robust outlook, yet shares remain deeply undervalued due to market sentiment and misunderstood SEC filings. PGY’s business model leverages AI for ‘second look’ subprime lending, with expanding partnerships, multi-product growth, and improving credit performance. Valuation is compelling: EV/S of 1.55x, P/E below 6x, and projected 27% revenue…
As those of you who know me, I am not given to hyperbole. I see plenty of it in my role. I really don’t like to say something is incredible. But I do not know how else to describe the projections Nebius provided as part of this earnings release. As I write this, Nebius shares…
We made some changes in the high growth portfolio this morning. The reasons are detailed in the commentary which will be sent shortly. We sold 100 shares of Snowflake at $270.99. We now have 300 shares with a weight of 3.38%. The sale raised $27,090. We reentered a position in AppLovin. This is a starter…