A favourite of his and former high flyer. They just reported an in-line quarter but cut full-year guidance. The stock plunged today. Why? They were hit by Apple's privacy restrictions on targeted advertising. So they developed their ad-tracking technology of users, but there was a serious engineering error that is since fixed, says management. A great company, but shares have fallen 85% from the peak. It won't turn a profit until 2026, though.
(A Top Pick Dec 29/21, Down 81%) He got out in February, when all the levered SaaS companies got hit. These companies have so much debt because they spend so much money getting talent. Fantastic company. Software is used to make more than 50% of the world's gaming. Company expects to break even in Q4. Wait until Fed pivots to buy.
Right now, a bit rich. You can see the spike on the chart, due to recent partnership with AAPL. Came down from grace quite a bit, but has recovered from lows in the $20s. Fairly well priced. He'd look to buy on either side of $30.
He did own it, but not recently. It could turn around in 2025. Could be a hold or buy on pullback. Be cautious on entry, though. It's fairly priced now. Buy around $20.50, then $19.
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A good CEO. Are creating proprietary software.