NTNX

Summary Nutanix shares declined about 4% today, Thursday, October 7th. They are down about 6% so far this week, and they have declined by about 15% since making a high on Sept. 7th in the wake of achieving very strong quarterly earnings. The proximate cause of today’s share price decline, when the tech/software index rose by…

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I am sure that subscribers will recognize that the last few days have seen a rather substantial pull-back in high growth tech names. Some losses have been greater than others. None of the valuation contraction has been based on some particular changes in the outlook for growth names, or their overall operational performance. We will…

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Several software companies reported their results on, Sept. 1. 2021. Almost all of the results were upsides; in some cases the shares responded positively, in other cases not so much. I try not to get particularly focused on how shares respond to quarterly announcements as there are so many variables that go into  setting short-term…

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Nutanix held a virtual analyst day earlier this week. It was an  opportunity for the new CEO to put his personal stamp on expectations in terms of financial performance and operating strategy. The event was well received; the shares rose and are now trading at close to their high-point for the year. While the shares…

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Several subscribers have asked me to comment about the share price implosion in the IT space this past week and what names can be bought to take advantage of this panic. I do think that this is a panic that presents some opportunities for subscribers with spare cash. The concept of this panicis is that…

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Summary Enterprise software turned in a spectacular performance in 2020. My tea leaves suggest that the space will continue to outperform broad indices in 2021. I think a reasonable portfolio should focus on those companies who experienced demand headwinds in all or part of last year. I have taken a portfolio approach to making recommendations.…

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In late October I wrote an article on Root and its IPO. I suggested that it would be a strong IPO, and that investors should invest in the shares. The company recently (Dec.1, 2020) announced the results of its first quarter reporting as a public company. Suffice it to say-the IPO didn’t work out and…

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Slack (WORK), Nutanix (NTNX), Anaplan (PLAN) and Pure Storage (PSTG) Thanksgiving week is often quiet period in terms of investment developments. That did not pro0ve to be the case this year. Our team at Ticker Target took 0off much of the week to enjoy time with family and loved ones-not always the same thing, but…

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Investors seem to be suffering from a severe case of schizophrenia. Earlier in the week, work-from-home names heavily underperformed cyclical names, On Friday, investors seemed determined to erase that judgement. And indeed, one company whose management pointed out that it was concerned about the percentage growth of its Q4 backlog because of economic headwinds spawned…

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Tech stocks, after a multi-week rally are pulling back rather sharply today. The CLOU index which had been up 12.4% since 8/1 has dropped 6.5% today. There is nothing particularly special about today. The economic data has been strong, particularly the new claims metric and the ISM Services number. But some investors for various reasons…

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