Cyber-security stocks opened noticeably weaker this morning. Software stocks were noticeably weaker. This is perhaps a reaction to comments from Varonis which released its results this morning. Varonis shares have fallen by 44% as I write this in the wake of a transition from on-prem to SaaS. The management talked about some demand weakness in…
Stocks are down today-I think it is the 3rd day of consolidation out of the last 5. And it comes after last Friday’s semi-flash crash. It has left some stocks selling at levels that have made me want to buy some of the dip-even after last Friday’s experience which wasn’t much fun. I will write about…
We made some small additions to our portfolio today. In the high growth portfolio we added 100 shares of RBRK. We bought the shares at $85.44 for a cost of $8560. We now have 2800 shares in the high growth portfolio and they have a weight of 9.97%. We also bought 200 shores of Braze…
Summary Netskope (NTSK) is a market leader in CASB and SASE, showing strong revenue growth, gaining share and expanding its enterprise customer base. NTSK’s deep cloud visibility, AI-driven security, and proprietary NewEdge network provide performance and security advantages over competitors like Zscaler and Palo Alto. While not yet profitable, NTSK is rapidly improving margins, demonstrating…
Investors remain focused on AI hardware stocks, and in general have ignored or sold high growth enterprise software stocks. This has created some valuation anomalies and we moved to bulk up positions in stocks that have been on the wrong side of investor love. How long this paradigm will last is not really knowable. My…