Sale of 900 shares of Jamf; purchase of 190 shares of Pure Storage and purchase of 190 shares of Global-E As mentioned in previous posts, we are in the process of reweighting our portfolio towards companies that are exhibiting strong growth despite macro headwinds. Toward that end, we are selling 700 shares of Jamf, eliminating…
Pure and Crowdstrike are the #1 and #2 holdings in our high growth model portfolio. The two companies together account for more than 20% of the value in the portfolio. So it makes sense, I think, to review their earnings sooner rather than wait until the weekly commentary is published. While neither company reported what…
Sometimes writing about individual stocks seems inconsequential. Had we known that there would be some existential crisis of confidence amongst tech stock investors two months ago, many electrons would have been saved, eyes would have been left in a better state and portfolios would not have been so eviscerated. I try to provide value-add in…
Pure Storage-another quarter of strong operating performance starts to cure the “Doubting Thomas” syndrome Pure is soon to reach its 3rd birthday as a public company. The company’ first quarterly report featured full year revenues of $440 million-for the year as a whole, along with GAAP operating margins of negative 41%. This latest quarter, Pure’s fiscal Q2…
Pegasystems Pegasystems reported its quarterly results last week to almost deathly silence. The share price didn’t move and the volume remained at low levels. It is a name that gets little respect and even less interest-and I think that is really a mistake. The company, like almost all other old-line software vendors is moving-rapidly-to a…