DataDog (DDOG) – a popular cloud security software play – reported 2Q23 earnings this morning. As you can see from the chart above, after a one and a half year downtrend, DDOG had been on fire for the last three…
In general, there are two types of successful investors – and they don’t understand each other. Corresponding to each winning type, there is a losing type. One winning type buys what Peter Lynch called “stalwarts” and is exemplified by Warren…
Cybersecurity leader Palo Alto Networks (PANW) reported earnings after the close Tuesday. I’ve long followed PANW because it has “Palo Alto” in its name and cybersecurity is a secular growth story. But I’ve never bought the stock because I’ve always…
Imagine this: A rich entrepreneur in his vacation rental (AirBnb), running his business with Shopify’s (SHOP) online store platform and Zoom (ZM) meetings, being chauffeured around in UBERs, eating Chipotle (CMG) burritos delivered to him by Third World immigrants via…
I’ve been writing a lot lately about opportunities in early stage growth or what I have termed “the leaders of the future”. I regret that I haven’t been more forceful in emphasizing that it’s too soon in what I expect…
Germany’s DAX and France’s CAC are currently +5%. Britain’s FTSE and US Futures are +2%. It’s looking like today is going to be a face ripper of a bear market rally. However, this does not mean the bottom is in….
The market is bifurcated into the mega cap tech stocks that have held up well so far – and thus propped up the indexes – and the smaller but still important stocks that have already suffered brutal bear markets. My…
Dating app Bumble (BMBL) has lost ~65% of its value over the last four months. Indeed, it fell ~21% last Thursday and Friday alone over concerns about its subsidiary Badoo’s exposure to Russia/Ukraine – even though JP Morgan estimates Russia/Ukraine…
Online used car retailer Carvana (CVNA) reported 4Q21 earnings after the close Thursday. 4Q21 results were fine with units sold +1% to 113,016 and revenue +8% to $3.75 billion compared to 3Q21. The issue is bad 1Q22 guidance due to…
Monday.com (MNDY), an Israeli based cloud work management platform, reported earnings Wednesday morning. Formerly a market darling, MNDY got clocked to the tune of -28% on almost 10x average volume. I believe the issue was 2022 guidance to a larger…