Shares of Rubrik spiked a little this morning and I got off a sale of 300 shares at my limit of $96.99. I had tried for more, but this was the best price at which I got a fill. Investors-or dare I say traders have been very picky with how they react to earnings. Shares of both…
A very busy week for earnings. I am going to try to cover results and guidance of the companies in the high growth portfolio that have reported these last couple of days. There obviously have been other earnings reports of interest. In particular, Nvidia’s earnings release and forward guidance were not enough of a beat…
The weather here is definitely that of midsummer and perhaps it has impacted the cognitive processes of investors. Most headlines have proclaimed that tech is on fire and companies such as Nvidia, Apple and NetApp are reaching new, all-time highs daily with lots of hype and fluff. I won’t get too down on NetApp as…
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…