Summary SentinelOne (S) is showing signs of a growth inflection, with net new ARR and backlog accelerating and technology leadership in AI-driven cybersecurity solutions. S’s Purple AI, AI SIEM, and CNAPP offerings are driving competitive differentiation, platform expansion, and rapid growth in high-potential cybersecurity market segments. Despite conservative guidance and past execution challenges, S’s improving…
The market continues to trade in a consolidation mode, and we took some actions today. Although objectively the inflation news was reasonably positive, and initially stocks rose, selling resumed shortly after the opening. The consolidation trade may last until earnings season gets underway. Or it may last until the next Fed policy meeting. My ability…
We made some changes to the high growth portfolio over the course of Wednesday. Shares of Nebius rocketed. This is partially due to the announcements of the rapid build-out of Project Stargate. Over 80% of Stargate’s $500 billion dollar build out is either completed or under construction. This is far more aggressive than heretofore expected.…
Sale of AppLovin; Purchases of Monday, Atlassian, SentinelOne and Samsara in the High Growth portfolio Sale of NetApp and Cognizant and purchases of Dell and Google in the Income/Stability portfolio We made some portfolio changes today. We do not intend to make changes every day, but when opportunities arise, we take them. High Growth We…
Shares of AppLovin have continued to rise. We sold another 25 shares this morning leaving 150. AppLovin is a decidedly “risk-on” investment at this point. The shares have appreciated by 25% since their inclusion in the S&P. Their relative valuation has reached a noticeable premium. So, we have continued to sell into strength. Our latest…
I am getting this to subscribers a bit later than normal-last week’s post ran too long so this was not included. Then too, with the excitement with regards to Oracle and Nebius, my scheduling got severely impacted. Here is the list: the first 3 ideas are the companies that have just reported, i.e. Oracle, Nebius…
We made some changes in our cyber-security holdings in the high growth portfolio. We eliminated the starter positions we had in both Palo Alto and Cloudflare. We also eliminated the position we had in Arista Networks. The positions were too small to be meaningful. The shares of Palo Alto and Cloudflare had appreciated modestly since…
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…
I realize by some of the questions I have received that not all of our subscribers exited the Sentinel One position when I did. The company reported today, and the after-hours price action has the shares down 11% to around $17.40. The results for the quarter were a small beat although the company’s free cash…
On Wednesday evening, the President took revenge on the former Director of what is called the Cybersecurity and Infrastructure Security Agency, Chris Krebs for not supporting the allegations regarding the integrity of the 2020 presidential elections. The order included allegations against Krebs for allegedly “blinding” the American public about the controversy over Hunter Biden’s laptop,…