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…
Just as a point of interest, today is AI Appreciation Day. I have no immediate plans to celebrate, other than to note that marketers can find reason to celebrate something every day of the year, and today is for AI. One lady wrote on one of the AI sites that I read that she has opted…
Sale of remaining position in Crowdstrike; Purchase of additional shares of SentinelOne Shares of SentinelOne are under extraordinary pressure this morning. A minor guidedown in revenue of less than 0.5% has led to an extraordinary valuation implosion. I usually wait these things out, but a limit order I had was filled. After yesterday’s precipitous fall,…
This has not been the easiest of weeks to be an investor in tech stocks. Sentiment, as I have mentioned, is woeful, and analysts are looking under every bush and rock for negatives. Technical analysis that I have seen, is decidedly negative which is, of course, the outcome of negative sentiment. The cyber security software…
Panics, like bubbles come and go. We are currently experiencing a bit of a panic, although a 2 day + pullback of around 8+% is only borderline panic. The causes are well known. The greatest cause is geo political angst…the potential of a general outbreak of war in the Middle East as various state actors…
Sale of 300 shares of Procore (entire position); purchase of 100 shares of Shift4, 200 shares of Sentinel One; 100 shares of GitLab; 100 shares of Affirm; 100 Shares of UiPath We made some portfolio changes in the high growth portfolio today. We decided to eliminate the last of the Procore position, selling 300 shares while adding…
Sales of 100 shares of Veeva (entire position); 200 shares of Procore and 320 Nutanix-Total Sales of Purchase of 300 shares of UiPath; 500 Shares of Nu Holdings; 633 shares of Pagaya; 400 shares of SentinelOne and 30 shares of Zscaler As we indicated in the post we sent on Thursday, we decided to make…
Pure Storage and it Meta relationship; Pagaya’s secondary; A review of the SentinelOne quarter and its outlook Pure Storage. Since making a high of $57/share soon after its earnings report, Pure shares have fallen about 12%. While some of the decline could be linked to profit taking, much of it is really a function of…
Summary SentinelOne reported a strong quarter with above-forecast revenues, improved margins, and raised guidance. The company’s rapid improvement in its business model is a key factor in recommending the purchase of its shares. SentinelOne’s new initiatives, such as its Data Lake and Cloud workload modules, are contributing to its growth and profitability. The company’s AI…
Sale of position in Smartsheet (460 shares); Purchase of 300 shares of SentinelOne, Purchase of new Position-250 shares of Procore In the wake of the earnings Smartsheet reported last evening, we decided to sell our position. I want to make clear that the sale doesn’t reflect either a bad quarter, or bad guidance. The company…