Bought 100 shares of Affirm at $32.61 and bought 550 shares of Sprout Social at $26.69 We made two purchases in the high growth model portfolio this morning. We bought 100 shares of Affirm taking our holding to 1200 shares. That is a weight of about 4%. The purchase cost $3265. We added 450 shares…
As I sometimes write, I have been doing this a long time. I have seen a lot, experienced a lot, some bad, some good, some fluky and well…I think readers get the picture. Yesterday, however, I saw something new: Affirm reported a blow-out quarter-‘slayed” was the work used by the CEO, and while again, I…
Sale of 300 shares of Procore (entire position); purchase of 100 shares of Shift4, 200 shares of Sentinel One; 100 shares of GitLab; 100 shares of Affirm; 100 Shares of UiPath We made some portfolio changes in the high growth portfolio today. We decided to eliminate the last of the Procore position, selling 300 shares while adding…
Dynatrace and Affirm – The opportunities are substantial I often tell subscribers and others that trying to trade earnings releases is a fool’s errand. I have tried to provide advice to a variety of clients for many years. I hope that I can share some of the experiences that I have had. An institutional sales…
Sale of 320 shares of Datadog @ $136.59; Purchase of 1000 shares of UiPath @ $25.09; Purchase of 200 shares of Affirm @ $45.59 We made some portfolio changes this morning. We sold about 1/2rd of our DDOG position as it spiked into the opening. The shares are close to their yearly high. The company is…
Summary Affirm shares trebled in the last 2 months of 2023 before retracing about 1/3rd of the move. Affirm has recently extended its relationships with both Amazon and Walmart. The Buy Now/Pay Later space apparently achieved an inflection in volume over the Black Friday weekend. Published expectations for Affirm are quite modest considering its expanded…
There have been lots of earnings the past few days, and some other news as well. Now, if only ChatGPT was up to the task…I have to confess as enthused as I am about GenerativeAI, it sometimes can compose the most peculiar sentences. I actually had to try to explain to it the difference between…
We have made some changes today in the high-growth portfolio. It is not my intention to provide suggestions in the high growth portfolio on a trading basis. I get those things wrong many, many times. There are companies that I should have placed into the high growth portfolio, but haven’t and vice versa. On the…
Summary Affirm’s partnerships with Amazon and Shopify have solidified its leadership position in the buy now, pay later (BN/PL) sector. The company’s use of AI technology has also helped protect it against rising delinquencies.Despite facing challenges such as interest rate increases and a slowdown in consumer spending growth, Affirm has made strides in terms improving…
There is a saying about there being no old, bold airline pilots. The saying, in some modified form, could well apply to those commentators trying to make sense of the enterprise software space at the start of 2023. Buyers in many segments of the IT space have cut their investment in the enterprise software, almost…