Kim Bolton
monday.com Ltd.
MNDY-Q
TOP PICK
Jun 07, 2023
Work collaboration. Israeli company. Claim to fame is that it has almost-no-code technology, so you don't have to be a tech whiz. Software is intuitive. Still unprofitable, but anticipates profitability by Q4, earlier than expected. Price target of $226.25. No dividend.
Work management tools. About 3/4 is work management, and the rest is software development tools. Unifying workspace that lets people build tools they need to track projects. Metrics are attractive. Buy in thirds here at $371, 334, and 300 if you're lucky. 12-month target of $476. No dividend. (Analysts’ price target is $345.56)
(A Top Pick Oct 20/21, Down 70%) Poster child for SaaS. He backed away from a lot of them last November, as it's the most highly leveraged segment and reacted badly when interest rates spiked in February 2021. A real company, he still follows it. (Analysts’ price target is $148.50)
(A Top Pick Oct 20/21, Down 76%) He traded out. SaaS got hit the hardest with the spike in interest rates. Reports later this month. Low code, no code type of software. Great company. Decent runway from here. He wants to make sure there's a bottom before stepping in. (Analysts’ price target is $148.61)
On track to have their first profitable year in 2023. Free cash flow is on track to be up 700% though from a very low number. Passes the rule of 40 test, where revenue growth + free cash flow margin passes 40.
He targets $321. They reported on Nov.10 and raised guidance, but missed the top, met at the bottom. They brought in a new COO, who came from Alexa. Their total addressable market has expanded.
Work collaboration. Israeli company. Claim to fame is that it has almost-no-code technology, so you don't have to be a tech whiz. Software is intuitive. Still unprofitable, but anticipates profitability by Q4, earlier than expected. Price target of $226.25. No dividend.
(Analysts’ price target is $185.71)