A couple of weeks ago, Zuora reported the results of its fiscal Q4. Consistent with the results compiled by many other IT companies in this past earnings season, while the quarterly results were constructive and ahead of expectations, the growth forecast for this current fiscal year was seemingly what some analysts and investors had hoped…
As foreshadowed in our weekly commentary, we are making some changes in our high-growth portfolio. The changes are as of Thursday morning. We are selling the following: 85 AYX at $82, 64 TWLO at $125.50 and 85 ZS at $68. These are sales of approximately 18% of our prior holdings in these positions. We are…
There have been a variety of news events that may be of interest to some subscribers. I though it might be most convenient to bundle them into a single post. None of these events will be company changing but they have had some modest share price impact. Before starting on the content, please note that…
Summary Cloudera shares are suffering from misconceptions and downright inadequate analysis. Our recent conversation with management reveals some telling positives that readers may not appreciate. The company-contrary to headlines and broad investor belief-did not guide down in the wake of its latest quarterly earnings release. The company’s product strategy, including key component, Cloudera Data Platform…
I have received a number of requests from subscribers to comment on what some perceive as a valuation bubble in high-growth tech stocks. It seems a good occasion to reflect on Q1 and whether those results have created a bubble. Just to be clear, from time to time, groups of stocks are going to perform…
As most subscribers are aware, we have a been positive on TTD for some time now and it is a holding in our high-growth portfolio. The company announced what was a very strong quarterback in late February and the shares spiked then and were strong through last Friday when they made an all-time high of…
I was recently asked by a subscriber to comment about Zoom. I confess that I had barely heard the name until I decided to look at it more thoroughly. I have looked at meeting/collaboration vendors for a long time now-since WebEx first pioneered the technology of creating on-line collaboration and meetings and extended that technology…
Some thoughts about Zuora’s share price reaction Zuora reported its Q4 results Thursday evening, and the shares lost 14% of their value Friday. It was a brutal day in the stock market and the IGV was down 3% with some other popular software names down mid-high single digits, but Zuora’s fall, while no doubt exacerbated…
Summary Wix shares have been relatively flat for at least the last 6 months with minimal appreciation. The company reported strong operational performance last quarter with beats in most major metrics including growth and cash flow generation. The company’s guidance, which called for revenue growth of 26% was disappointing to many. The company does not…
Yesterday Nutanix held its widely anticipated Analyst Day. It was well received on many levels and the shares bounced further. On balance, those analysts who had been positive after the catastrophic reaction of the shares to a serious guide down have remained so, and even negative analysts acknowledged that the presentation portrayed a fixable problem.…