Sale of remaining position in ZoomInfo; Purchase of 55 Shares of Zscaler, 300 shares of SentinelOne, and 2050 shares of Pagaya We made some portfolio changes this morning. We eliminated the last of our ZoomInfo position, selling 1000 shares at $17.99 which netted approximately $17,990. We augmented 3 positions, those of Zscaler, SentinelOne and Pagaya.…
Sale of 500 Zoom Info: Purchase of 25 shares of Datadog, 30 shares of Snow and 30 Shares of Global-E We made some additional changes in our high growth portfolio, essentially executing on the rebalancing and adjustments we had laid out in previous posts. We had hoped for some kind of a dead cat bounce…
During the course of the day, Monday, August 21st. we made a number of changes in our high growth model portfolio. We entered limits for all these transactions which were executed over the course of the day. As there were a number of transactions, I decided to send out one post after market close that…
The market had wavered the first two days of the week with an absence of any real market moving data…until the downgrade of US debt by the Fitch rating agency. Economic macros so far are suggesting that declines in employment may be near at hand, while manufacturing activity is bouncing along the bottom. On the…
Summary ZoomInfo’s most recent quarter showed some green shoots in terms of percentage revenue growth.The company has introduced some initial functionality employing ChatGPT and the company’s Chorus technology.The company’s functional differentiation has continued to amplify and has allowed the company to enjoy premium margins.The business model has shown resilience with adjusted operating margins and free…
If Fed speakers were muzzled, the world of investing would be a happier and healthier place. After a rally mainly induced by hope for a Fed pivot as inflation rates at both the wholesale and retail level declined, Fed speakers continued to insist on an elevated and lengthy period of terminal rates, albeit with some…
Taking a look beyond the headlines of this high growth IT casualty This is an article recommending the purchase of ZoomInfo (ZI) shares-the other Zoom. This article has nothing to do with Zoom Video (ZM). The company’s earnings report of 11/1 was poorly received and the shares imploded by almost 30% the next day and…
The last few days have seen a mini-rally in enterprise software stocks. I could tell readers that I was anticipating that, except for the fact that I have really been anticipating this since March, and most software stocks still have a long way to go before reclaiming those levels. At the most basic level, there…
Tech stocks have been battered the last few months and more than a few commentators have suggested that they are road kill as investments-but the results thus far this quarter are suggesting that the rumors of their demise, at least in terms of their operational performance have been vastly exaggerated. All of the 3 companies…
Summary Shares of High-Growth software companies have led the market down so far in 2022. The decline in valuations and absolute share prices has been at rates that rival anything in the recent past. This decline has occurred against a background of strong and growing demand in the Information Technology (IT) space. Ironically, software demand…