The divergence between Crowdstrike and Zscaler (and most everything else). The misunderstood quarter of GitLab; Pagaya raises EBITDA guidance-hopefully construed positively. 1. Crowdstrike Pattern recognition is supposed to be the mainstay of analysis. Most of the time, when I attempt to write an article about a company, or an event, I try to compare it…
Panics, like bubbles come and go. We are currently experiencing a bit of a panic, although a 2 day + pullback of around 8+% is only borderline panic. The causes are well known. The greatest cause is geo political angst…the potential of a general outbreak of war in the Middle East as various state actors…
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…
Summary GitLab shares stumbled in the wake of very conservative guidance for the current fiscal year. The guidance belied very favorable trends in the sales environment including a quarter of record bookings and several other significant sales milestones. The company’s growth in margins and in free cash flow generation has been impressive. The company’s AI…
Sold 200 shares of Procore and bought 400 shares of GitLab Earlier today we made a change in the Ticker Target High Growth portfolio. We sold 200 shares of Procore, reducing our position to 300 shares and a weighting of 2.5%. We sold the Procore shares at a price of $81.89 and the net proceeds were…
Summary GitLab’s shares have experienced significant volatility, but the company remains a technology leader in the DevSecOps space with a potential market size of over $23 billion by the end of the decade.The company has introduced AI and machine learning features to its platform, which could drive growth and improve its competitive position in the…
To say this has been a horrible year for investors in high growth IT space is somewhat akin to the statement made by the Emperor of Japan announcing its defeat and surrender of his country in August 1945 to the effect that the war had developed “not necessarily to our advantage.” This has been the…
The market was having a nice week until Thursday. Then of course, investors started to worry about a hot inflation print, and they got what they feared on Friday. The net result was another share price implosion. Readers will notice that these 3 companies aren’t seeing any pullback in the growth of their business. While the…
I usually don’t offer much in the way of trading commentary about individual positions. I often misread the cause of moves and in these days of algorithmic trading and volatility, it doesn’t take much for stocks to show surprising upside spikes. In the last couple of trading days, GitLab, which I recently recommended, and Braze,…
Can a high growth/high value name find happiness in the current investment environment ? Why write an article about GitLab’s (GTLB) now? GitLab shares are anything but the lowest valued shares, at least on an EV/S basis. They are, of course, much cheaper than they were immediately after their IPO. Even after a bit of recovery after…