Reviews of Shift4, Affirm, Procore, Datadog and Figma Loads of earnings to consider. One of the strongest earnings quarters in recent years-certainly in terms of IT companies and apparently pretty generally amongst the S&P-even outside of the Mag 7 group. Has it pricked the bubble mentality? Not so far it seems. This is one sample…
We sold another 100 shares of Snowflake this morning as it spiked a bit. We sold the shares at $272.01 and that raised $27, 190. We now have 400 shares of Snowflake in the high growth portfolio which has a weight of 4.94%. We added 300 shares of Samsara at $37.49. This cost $11,255. The high growth portfolio now…
Earnings are at a high ebb and I am trying to provide some thoughts in a timely fashion on the results of those companies likely to be of most interest to subscribers. This morning I am looking at Pagaya in the light of Upstart’s results, Unity and Dynatrace. As additional earnings are released, I will…
We made some portfolio changes this morning. We sold 100 shares of our Snowflake position at $266.99. This raised $26,690. We now have 500 shares of Snowflake which has a weight of 7.11% in the high growth portfolio. As discussed earlier, we bought 400 shares of Dynatrace at $46.89. This cost $18,765. We now have…
As mentioned in yesterday’s commentary, I was considering adding to the position in Unity Software shares. With this morning’s substantial decline in most IT stocks for a variety of reasons, the opportunity was there to add to the Unity position a day before its earnings release. It isn’t my usual style to do something like…
Summary Elastic (ESTC) is recommended as a buy at current levels, with shares undervalued relative to its technology and growth potential. ESTC is showing signs of a growth inflection, driven by AI-powered search, vector database leadership, and improved sales execution. Management raised revenue and margin guidance, targeting 15%+ growth and expanding operating margins, with a…
A subscriber shared this post with me. Jared Isaacman @rookisaacman on “X” Fiserv had an Argentinian tailwind that caught up with them (among other issues). FOUR doesn’t. And I would hope those that like FOUR do so based on the fundamentals over the last two decades and not because I post on X. Earnings in…
Cyber-security stocks opened noticeably weaker this morning. Software stocks were noticeably weaker. This is perhaps a reaction to comments from Varonis which released its results this morning. Varonis shares have fallen by 44% as I write this in the wake of a transition from on-prem to SaaS. The management talked about some demand weakness in…
We decided to take some profits on our Zscaler position which has risen by more than 80% so far this year and has reached a rather substantial valuation above average based on my estimates. The sale of 250 shares at $325.39 raised $81,340. We still have a position of 350 shares and that has a…
I know that many Ticker Target subscribers have positions in Nebius shares and are concerned about their consistent streak of losses over the last 10 days. That might have been particularly true yesterday, when the company announced that Uber was investing $375 million alongside Nebius to accelerate the roll-out of Avride’s autonomous transport deployment. The…