Opinions
Javed Mirza
Unity Software
U-N
DON'T BUY
Oct 17, 2024
$21.280
Stock price when the opinion was issued
Technology
It's the ideal tool to help you make quicker, more informed decisions for
managing and tracking your investments.
You might be interested:
COMMENT
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.
Technology
PAST TOP PICK
(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.
Technology
Sideways trading range. Big fall on the chart indicates the 4-year reset. Chart doesn't look good, suggests nothing positive. Don't add exposure.