Welcome Members!
Ideas are organized below.
Happy Holidays and Merry Christmas! Here is a look at big-yield CEF data for over 75 top funds. As you can see, the premiums have come down on several popular big-yield bond funds (attractive). Further still, municipal bond funds continue to be attractive, selectively.
Shares of Kirkland Washington based chipmaker, Monolithic Power Systems, are getting very tempting again. We dumped 100% of our shares back in August in the $800’s, and they now trade below $600. The company’s diverse end-market strategy is expected to produce ~+20% revenue growth this year and next, while producing above 20% net margins and trading at only 1.7x forward PEG ratio (price-to-earnings / growth) and with a 5-year expected EPS growth rate estimate of 25%… impressive!
If you are a growth investor, cloud data AI company, Snowflake (SNOW) has massive revenue and massive revenue growth. However, the share price has fallen from extreme highs (in 2021) so that its recent 33%+ pop in share price (following strong quarterly earnings) still leaves a lot to be desired. In this brief note, we review the company’s incredible revenue growth, earnings (still very negative net income), valuation and share dilution. We conclude with our strong opinion on investing.
Aspen Aerogels (ASPN) recent sell-off (shares down 50% since August) provides a tempting buying opportunity for long-term growth investors. But there are a few things investors need to consider. For starters, investors were disappointed with Q3 results, in large part because the company reported a $13.0 million net loss, which included a $27.5 million one-time charge from the redemption of the company's convertible note (without the one-time charge, net income was $14.5 million, a $27.4 million YoY improvement). Additionally…
SoFi Technologies (SOFI) shares are unsurprisingly up significantly post-election considering the new White House and Congress will be less friendly to the idea of student loan forgiveness (SoFi private loans didn’t qualify), but also as the company announced record beating quarterly performance at the end of October.
We added a starter position in this high-growth mid-cap stock. The share price has significant momentum and so do the underlying fundamentals of the company. The company’s new AI-powered mobile solution (released ahead of schedule on Thursday 9/26) should keep revenues growing rapidly as it's purpose build for today’s marketers.
Quick Note: Of "highly-rated" stocks w/ >20% Sales Growth (this year & next) sorted by Fwd PEG, these 5 standout as most interesting.
Quick Note: For your consideration, sharing data on 100 big-yield CEFs, including: premium-discount versus NAV, leverage, yield, strategy, performance and more.
Members Mailbag (Quick Note): If you are familiar with PIMCO Bond Funds, you know (1) they are popular for providing big monthly income payements to investors, but (2) Few people actually want to know “How the sausage is made.” Here is a quick question from a member about “Return of Capital” (“ROC”) on PIMCO’s 11.5% yield PAXS, followed by a reply from me. Hopefully, it’s a helpful piece of info for you to “stir into the pot” as you manage your investments.
Quick Note: Sharing updated data on 50+ top semiconductor stocks (such as Nvidia, Broadcom and AMD). The data is sorted by market cap, and you can see performance has been quite weak over the last month (despite strong analyst ratings, which are also included). Hopefully this data is helpful as you research ideas.
Quick Note: Sharing some data on the one-month returns of popular growth stocks. The selloff has been brutal to certain high-growth names. You can also view analyst ratings, upside versus consensus price targets, recent short interest, PEG ratios, and more.
Quick Note: Oaktree Specialty Lending Corp (OCSL) is a big-yield (+13.8%) BDC that has been declining in price, particularly following its latest earnings announcement this past week whereby its adjusted net investment income (“NII”) came in at $0.55 per share (a penny lower than estimates) and just matches its quarterly dividend of the same amount.
Quick Note: Mercado Libre (MELI) is the leading ecommerce and financial services platform in Latin America, and the shares are up +10% on earnings (on an otherwise terrbile day with broad market indexes down significantly). The company beat earnings and revenue expectations, and…
Quick Note: Paylocity (PCTY) beat earnings and revenue expectations, and the shares are up. However, Paylocity shares have been so beaten up for so long (they’re still down ~50% from the 2021 high, thanks in large part to its focus on small-and-mid-sized businesses as customers) that some people haven’t noticed the fundamentals have never stopped improving.
Quick Note: Meta announced strong quarterly results (beating expectations on earnings and revenues) as its family of apps (and innovation) continues to grow. The shares were up signficantly. However…
Quick Note: For your consideration, sharing data on “popular stocks” (which are down big over the last month) versus the S&P 500 (which is flat). Be smart. Stay disciplined.
Quick Note: Workflow automation company, ServiceNow (NOW), reported earnings whereby they exceeded top and bottom line guidance and raised their full-year 2024 outlook. What makes this company special is
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