As of the opening this morning, we are making a change in our portfolio. We are selling 35 shares of TTD at a price of $307. This sale nets us $10,750. We are buying a similar amount of Rapid 7. Our entry price is $46.97, and we have bought 228 shares that cost $20,731. We…
March will probably rank as the worst month ever for equity investors, but the last week or so has seen a modest recovery. There appears to be some better news from the war against the Covid-19 virus. The Boston Globe is carrying a story today that new cases in Mass. will peak on about April…
I realize that I must sound like a broken record to some subscribers. The market is down, it is volatile and it isn’t paying attention to any kind of rational analysis. I started writing this on a Wednesday morning and stocks were up. But they have been up as well pre-market, or during the day,…
After a week of high tension, the world has seemingly averted catastrophe, and the US would seemingly have achieved a strategic victory in its long standing fight against Iran’s goals of regional hegemony. The belief that a wider war has been avoided, but with Iran’s military/technology capabilities seen as inept, is obviously putting a tailwind…
Today, TTD shares were upgraded by Needham who has assigned a $325 target price. The analyst spoke about a shortage of available ad space due to declining viewership of linear TV-the kind most of us watch. In the meantime ad demand is rising creating a desirable situation for a demand side platform such as that…
Summary Trade Desk reported its results last week. The results were a small beat on revenues and a much larger beat on earnings. The company also raised its expectations for the current quarter. Management talked specifically about strong trends in demand that drove growth as the quarter progressed. Current forecast, though higher than before, seems…
Earnings season for the companies whose quarter ended 6/30 is winding down now, and it will be a week or two before the results of companies whose quarter ended 7/31 start flowing in any volume. NetApp does report this week, but as it has already preannounced and talked about its view of the market ,…
Earnings season has gotten underway in earnest. It is very early days, but the IT space is reflecting a continuation of strong demand growth. It has been interesting to see that the early semi-conductor earnings are also showing growth better than had been expected. While the rest of the economy seems poised between recession and…
We have owned a position in Trade Desk shares in our high-growth portfolio for a bit more than 7 months. The commitment has been a profitable one, and the shares are up 73% since we entered the name. As of last week, the shares were a 10% position in the portfolio. This morning, a long-time…
First, please accept my apologies regarding the lack of access many of you have had to the Ticker Target site the last few days. It was a priority to restore the service and we have it restored at this point. There are a couple of articles missing and they will be shortly restored as well.…