As I write this post this morning, much news again is centered on the Covid-19 impact. Apple has announced that it will not meet its sales and earnings forecasts for this current quarter due to the impact of the virus. There will, no doubt, be other vendors similarly situated. The reports I get are from…
Alteryx shares soared Friday, up 9.5% at the close, and up almost 15% for the week, and up 58% so far this year. I will try to explore the age-old question that comes with this kind of spike-is it worth it? The quarter that was reported was really one for the record books with revenue…
It isn’t always straightforward to figure out what investors might be looking for in quarterly reports. I know that trading names into earnings is what most of us do, to a greater or lesser extent, but sometimes, even when the quarter and the guidance come out as expected or better, the valuation part doesn’t follow…
As I have done for the past several years during days when there are multiple earnings reports to consider, I will break up the article into several component parts. I try to make these articles a little analytical, and not just a recapitulation of what is announced and what was said on each call. So,…
There is an old saying-some times the bear bites you, sometimes you bite the bear. I do not exactly know who got bitten the most, today, in that the article I provided for subscribers, got published by SA shortly after Slack shares spiked 15%. I have made very clear that have no particular informational advantage…
Summary Slack is one of the leading vendors in the space that facilitates collaboration, particularly within the developer community. The company has developed a reputation amongst developers of offering cutting edge features that vastly improve their work experience. The company’s offering of shared channels, which essentially extends the offering outside the bounds of an individual…
As we foreshadowed in our earnings brief earlier this week, we have reduced our holding in Twilio by half. This means its weighting in the portfolio goes to about 6%. The reasons for our sale were outlined in the prior note-basically our conviction level has been lessened by the guidance provided which calls for sharp…
Twilio reported last evening. The results were “OK” but certainly less than spectacular. The guidance for 2020 is certainly less than I was expecting to see. The shares are down about 4% this morning after a strong start to the year in which they have appreciated by 20%. After revising my numbers to take account…
In trying to provide a timely service to subscribers, I sometimes go outside of my comfort zone. And so it proved to be when I pointed out a strongly positive recommendation from another analyst at RayJay regarding New Relic, and suggested that it might be a trade into today’s earnings release. Eons ago, when I…
Amazon’s strength; Amazon reported one of it stronger quarters relative to expectations last week. I generally do not comment at any great length about Amazon these days. It probably trails only Apple and Tesla as the most covered company in the tech space and I feel as though I am not likely to be able…