I mentioned in the post sent to subscribers on Sunday that I was making some changes in the high-growth portfolio. As it happens, there are some steps that I can take to increase the beta of the portfolio and to increase the percentages held by the portfolio in some of my most favored names. I…
We are reweighting two positions in the high-growth portfolio. We are selling half of our NetApp position at Friday’s closing price of $86.85. The sale of 112 shares will raise a total of $9730. We are buying 210 shares of Nutanix at Friday’s closing price of $46.45 for a cost of $9755. This will reduce…
Summary NetApp reported another very strong quarter in the last couple of days. Much of the upside was a function of some very large deas called ELA’s with the largest enterprise customers using NetApp’s Data Fabric. The company enjoyed gross margins significantly above its expectations-really above its aspirational goals. Once again, the company issued highly…
New Relic New Relic continued to achieve positive operating performance in the quarter it recently announced. The beat was relatively modest, as those things go, and compared to some of the other blowouts seen this reporting season. On the other hand, continuing to grow 35% at scale is no mean achievement and speaks both to…
Pegasystems Pegasystems reported its quarterly results last week to almost deathly silence. The share price didn’t move and the volume remained at low levels. It is a name that gets little respect and even less interest-and I think that is really a mistake. The company, like almost all other old-line software vendors is moving-rapidly-to a…