We made a change in the Income/Stability portfolio this morning. We eliminated the Cisco position. We eliminated the position because we wanted to buy more Dell, and didn’t want to increase the margin balance in this portfolio. There hasn’t been much in the way of news regarding Cisco. The shares have edged up by almost…
We made some significant changes in our income/stability portfolio. We eliminated our entire position in shares of Dassault Systemie. We felt that there were more interesting companies that are paying dividends in which to invest. While slow growth is not necessarily something that motivates a sale, we obviously look to find companies with greater growth.…
Summary The best strategy to invest in the AI revolution is to focus on the pick and shovel vendors in the space. These companies serve as toll takers on the road to the deployment of AI based applications. AI needs lots of storage and thus we recommend shares of Pure. AI needs unified storage/compute and…
We have reached the tail end of earnings season although there are a couple of interesting releases scheduled before the holiday. Splunk, and Pure is to report on 11/21 and Nutanix is to report on 11/25 along with Palo Alto. Splunk shares were downgraded by a small research boutique, Cleveland Research. The cause of the…
Yesterday was a painful day to hold equities, although the percentage losses were nowhere near records. A couple of subscribers have asked me to evaluate the macro headwinds buffeting valuation and the read-through from the results of both Cisco and NetApp on some of our portfolio names. I do not purport to be an economic…
Even though it is mid-summer life goes on. There have been some developments of interest amongst our portfolio holdings and other recommendations. This a brief compendium of some of the news from today, July 9, 2019 as it affected the IT space. Twilio (TWLO) Yesterday Twilio announced a new customer acquisition. The company, in conjunction…
Cisco is not the most fascinating of subjects on which to write an investment blog. I doubt that most people who subscribe to our output are particularly looking for a review on a company with 4%-6% growth. That said, it has been part of our income/stability portfolio for some time and as a stock, its…
There is a famous story about Benjamin Franklin and the framing of the constitution. Dr. Franklin was the oldest and perhaps the most widely accomplished delegate to the Constitutional Convention of 1787. Dr. Franklin was quite feeble by then (He was 81, a great age for most individuals in the 18th century and he could…