As subscribers are aware, I rarely make trading calls. Much of the time, what I think might be a trade, simply isn’t enough to move a name. But sometimes, I break my own rule based on the confirmation of a previously held bias. Recommending the shares of APP is one of those times.
As subscribers are aware, I rarely make trading calls. Much of the time, what I think might be a trade, simply isn’t enough to move a name. But sometimes, I break my own rule based on the confirmation of a previously held bias. Recommending the shares of APP is one of those times.
A Pick and Shovel investment to help app developers-and mobile phone manufacturers IronSource is one of the leaders in providing revenue optimization technologies, both to creators of apps, and to telcos. The company recently became public through a SPAC transaction in which it merged with a Thoma Bravo entity. The company has been reporting elevated…
Saving the best till last-reviewing the earnings of Affirm (AFRM) and Zscaler (ZS) There is an old saying about saving the best to last and that seems to have been the case in terms of the earnings reported for company’s whose quarters were recently reported. The quarter Affirm just reported actually ended back in June,…
Summary Okta reported the results of its first quarter as an entity including AuthO for the first time a few days ago. The results of the quarter were extremely positive; the reaction of the shares was substantially less so. The company succeeded in exceeding all of the revenue metrics that are typically forecast, both on…
Summary Digital Ocean is a fairly recent IPO which has not seen its valuation spike to unreasonable levels. The company was identified by well known short seller, Andrew Left, as the next Shopify. More pertinently, in my judgement, was the company’s earnings release in early August which showed the company achieving accelerating growth as well…
As many readers are aware, after the close last evening Affirm announced that it had partnered with Amazon and was in the process of offering Amazon customers access to its platform as a payment option for items worth more than $50. The service is being tested for some Amazon customers currently, and will be rolled…
Summary Upstart is a recent IPO in the fintech space. It is using unique technology based on AI and deep learning to underwrite consumer credit. The results of its technology create wins for all of the stakeholders including borrowers, financial institutions and institutional buyers of its underwritten loans. The company’s technology has been able to…
Portfolio Changes: We are making several portfolio changes this morning. Most of the changes are in the high-growth portfolio, while there is one change in the income/stability portfolio. In a general sense, we are trimming some winners and adding more cyclical names that have less lofty valuations. We have been contemplating this move for a…
Fastly, in conjunction with an acquisition the acquisition of Signal Sciences on October 1st filed an S-3 this afternoon. The S-3 embodied the preliminary results for the quarter that ended 9/30. The results were disappointing-at least compared to prior expectations-and left some significant unanswered questions. The company reported that its largest customer, Tik-Tok had curtailed the…