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: High Growth, Shares Down 50% Since August
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's Big Rally (+90% in the last 6 months)
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.
Quick Note: New Purchase (Disciplined Growth Portfolio)
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: High-Growth Stock Screener
100 Big-Yield CEFs, Compared
Members Mailbag: PAXS and ROC
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.
50+ Top Semiconductor Stocks, Compared
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: 1-Month Returns (Ugly) on Popular Stocks
Earnings Note: Oaktree Specialty Lending
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.
Earnings Note: Mercado Libre En Fuego
Earnings Note: Paylocity
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.
Earnings Note: Meta Platforms
Quick Note: Top Growth Stocks Down Big
Quick Note: ServiceNow Earnings Update
Quick Note: Vertiv Earnings Update
Quick Note: Alphabet Earnings
Quick Note: NXP Semiconductors Earnings Note
Quick Note: Nvidia Pipeline
ADX: New 8.0% Distribution, Shrinking Discount to NAV (Tender Offer)
Quick Note: As we wrote about previously, this attractive CEF recently announced initiatives to shrink its discount to NAV (good for shareholders). The initiatives include a newly increased distribution, plus a public market tender offer to acquire up to 10% of the shares at 98% of NAV. And as you can see in the chart below, things are going well.