Jean-Luc Ichard/iStock Editorial via Getty Images Microsoft-Sometimes it is those sub-headline comments that really matter A little less than 4 months ago, a book book on the Great Depression by Andrew Ross Sorkin. It seems eerily prescient at this point-although if one reads the book, considers the state of the economy and the various speculative vehicles…
Thursday was just an awful day for investors in the enterprise software space and Friday hasn’t been much better. Our Ticker Target High Growth portfolio fell by almost 5% and is down by more than 4% today.. Not terribly surprisingly, the IGV ETF-extended tech software fell by a similar percentage while the WCLD ETF fell…
We made a change in the Income/Stability portfolio. Shares of Meta spiked in the wake of a particularly strong quarter. The shares rose by 10% on a simply horrible day for enterprise software stocks and almost anything related to software. That took the shares to a relatively strong valuation-of course that depends on whether last quarter’s growth…
We made one opportunistic purchase this morning in the high growth portfolio, acquiring 400 shares of Braze and raising our position to 1100 shares. We bought the shares at $25.51 and this cost $10,210. That has brought our margin balance to $377,510. None of our other orders have been executed. If any go off, I…
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 Microsoft reported its earnings and guidance for the coming quarter, slightly below expectations, leading to questions about the impact of generative AI on the company’s growth. The market meltdown and subsequent recovery affected stock prices, with Microsoft experiencing a decrease in share value before a bounce back. Microsoft’s capex growth is substantial, with a…
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…
Microsoft announced what it calls Entra SASE, a solution that is designed to compete with modern security offerings from Zscaler, Palo Alto and Cloudflare. The announcement includes two specific solutions: Entra Internet Access, which is a secure web gateway for SaaS apps and internet traffic as well as Entra Private Access. Internet Access will be…
Summary MongoDB is the dominant competitor in the market for NoSQL databases.Its revenue growth is currently being constrained by macro headwinds impacting a usage based pricing model.The company, despite an earnings report that was better than feared, has reduced its revenue growth estimates for the current year to the high teens percent.The company, while not…
Summary Alteryx Q4 earnings were a significant upside with better than expected results for revenues, ARR and non-GAAP operating profits.The company is benefitting from a significant set of initiatives including a new go-to-market motion and a cloud analytics platform.The company is benefitting from a significant set of initiatives including a new go-to-market motion and a…