The high growth portfolio added to positions in Netskope and Bloom Energy earlier today. Netskope reported last evening. The shares, which are up modestly, did not, in my opinion, reflect the strength of what was actually reported. In particular, these results, which included a record net new ARR of $54 million, indicate that Netskope is…
This morning, the high Growth portfolio eliminated its position in the shares of MongoDB, selling 140 shares at $444. 49. The position size is too small, and I am unwilling to chase the shares in front of the impending earnings release. The shares were upgraded today by the analysts at Stifel in a curiously worded report…
kynny/iStock via Getty Images Bloom Energy: Lots of controversy; Lots of Opportunity The AI revolution has spawned opportunities and innovations in many places. It will not be a great surprise to most readers that AI data centers require lots of power to energize racks of servers and to keep those racks at an optimal temperature.…
Given the spike in Nebius which had carried the portfolio weight to about 16.5% the high growth portfolio trimmed about 15% of its position or 300 shares. The shares were sold at $269.99 and the new portfolio weight is 13.93%. The sale raised $80,990. The portfolio now has 1850 share of Nebius, still the largest holding Cerebras shares…
Everpure shares have recently spiked. They are up by almost 14% over the past week. I decided to trim the position in the high growth portfolio and sold 400 shares at $88.51. The sale raised $35,395. . This reduced the position to 2400 shares with a weight 6.91 % in the high growth portfolio. The portfolio…
The High Growth portfolio eliminated the remaining position in Snowflake selling 100 shares for $314.01. This raised $31,390. After the reaction to Datadog’s earnings, it seemed prudent to exit this position. While Datadog and Snowflake aren’t really business analogs they frequently trade in tandem. The high growth portfolio added 100 shares of Bloom Energy bringing that position to 200 shares. We…
We made further portfolio changes today in the high growth portfolio. We sold an additional 150 shares of Snowflake, taking that holding to 100 shares with a weight of sold the 150 shares at 1.02%. We sold the shares at $314.59. This sale raised $47,180. We replaced that position with a few purchases. The portfolio acquired…