Lots of earnings to look at and many to admire. This is turning out to be a quarter for most enterprise software companies in which growth rates and margins were both rising and guidance was better than had been anticipated. 1) Pagaya I think the best way to describe the results and the guidance of this…
We sold 250 shares of Dell, reducing the position in the income/Stability portfolio to 250 shares. The shares have had a huge run based on their positioning in the AI PC space. The shares have more than doubled since the start of the year and even after today’s drawdown, they are still up by more…
After reviewing the earnings release, updating the model and reviewing the conference call transcript, I felt impelled to add to the Unity position. The Vector initiative is working out. The company is launching a further enhancement of significance to the platform in June. At that point, it will start to use the data from its…
We added to 3 positions in the high growth portfolio and added a new company as well. These positions essentially replaced the sale we made yesterday of Nebius which raised about $78k. The purchases were as follows: 1) 250 shares of Tempus AI @ $50.39-purchase cost of $12,605 and weight of 0.55%. The Tempus purchase is obviously…
Before proceeding to the review of AppLovin and Axon earnings a brief detour into the land of algo trading. Today, shares of Klaviyo fell by 32%. The issue was not one of demand: overall revenue growth and the guidance for revenue growth were strong. Revenue growth was 28% a beat of a bit less than…
In the last few days, Nebius shares have spiked again. They are up another 36% in the past week. The company is reporting next week and given the run it has enjoyed, prudence and standard portfolio discipline suggests selling. I don’t know how much of this, if any, is a short squeeze. The short interest…
As foreshadowed in our midweek update post, The High Growth portfolio acquired 200 additional shares of Arista. We bought the shares at $146.99 and the Arista position in the high growth portfolio is now 600 shares with a weight of 4.12%. The purchase cost $29,505 and brought the margin balance in the high growth portfolio…
It is a busy week for earnings and in order to keep up I try to work on some comments about companies in our portfolios as they report results. a) DigitalOcean DigitalOcean shares rose by more than 40% on Tuesday in the wake of reporting a very strong quarter-or better said, a strong quarter and guidance…
Meta shares fell by around 10% this morning. Investors were apparently concerned about the company’s rising capex. The actual numbers and guidance were reasonably strong with revenues beating and EPS beating substantially, partially due to a substantial tax refund. The revenue forecast, calling for growth of 30% was slightly above the prior consensus The EPS forecast…
While many subscribers do not look at the Income/Stability portfolio that we publish we continue to update it and to manage it carefully. The performance of the portfolio this year has been strong, mainly a function of the very significant appreciation in Dell shares. As foreshadowed in this week’s commentary, we decided another trim of the Dell…