The high growth portfolio made some changes this morning. Specifically it acquired 200 additional shares of Palantir at today’s opening or $128.99, it acquired 60 additional shares of Arista at $165.62, bringing that position to 860 shares and it sold half of the remaining Affirm position at $84.98 leaving 200 shares. These transactions cost $25,805, $9945 and raised $16,990 respectively. The…
Earlier today Meta rumors which probably are credible indicated that Meta would be entering into the neo-cloud space. The rumors carried by lots of different sources was good for Meta shares which rose by 9.4% today. It led to a significant implosion amongst AI infrastructure stocks which have a heavy weight in the high growth…
JasonDoiy/iStock Unreleased via Getty Images The gold standard of the enterprise software space shares on sale now Sometimes it is hard to tell that a sale is underway. Sales do not necessarily mean that something-whether it is an enterprise software stock or a luxury watch or a luxury automobile is cheap-merely that its relative price…
We made some changes in the high growth portfolio this morning. We sold 700 shares of Affirm at $81.27. We felt that the 1 month appreciation of 9% in this market was a long way in a short time. The sale raised $56,880. There is nothing wrong with Affirm’s business. We think this will be another beat…
As foreshadowed in last week’s commentary, we have initiated a starter position in the shares of Palantir. We bought 250 shares at a price of $108.79. This cost $27,205. Yesterday, the “Big Short”, Michael Burry wrote in his newsletter that he had covered half of his short exposure in the company. While no explanation was…
Axon’s run: What should readers do now? It has been little more than a year since I first recommended Axon (AXON) shares. So far in 2024, the shares are up 68% and they have consistently been making new all-time highs. The quintessential pattern of a momentum growth stock. Much of the share price increase has come since the latest earnings…
Summary Snowflake and Palantir are two of the leading software companies offering generative AI solutions to enterprises. Both companies have strong offerings-although most of what is being offered by Snowflake is just now generally available. Investors are very concerned about Snowflake’s competitive positioning, particularly vis-a-vis Databricks, still a private company. We believe that many investor…
Summary Big data analytics and decisioning is one of the cornerstones of the digital transformation revolution sweeping through much of the IT firmament. The two leading companies in providing the building blocks for large data warehouses, and for decisioning applications based on big data analytics are Palantir and Snowflake. Both of these companies have already…