$CRWD and $PANW are doing just fine. Business is as strong as ever. The stocks just got too extended!
Long term holder in both, we’ll eventually grind back to ATHs over time.
@mukund I’ll use FSD for longer trips and/or if I’m not in a rush to get somewhere. Day to day I’ll usually turn on Fsd for portions of the trip (if there’s random bumper to bumper etc.). And I’m still on HW3…
Hard to not notice $UBER sitting there at 19x forward earnings (includes stock comp).
For a market share leader with mid-teens top-line compounding, miles of growth & cross-selling left, a thriving loyalty program with best-in-class revenue quality, a strong balance sheet, a budding list of quickly commercializing AV partners & plenty of margin expansion left.
Interesting... in my opinion.
Sometimes stocks give you long windows to accumulate, sometimes it’s short windows ($NOW), and sometimes it’s just a blip (few days) and if you aren’t paying attention, you miss it.
An example of the latter is $PANW. Was lucky enough to add around 150. Up almost 100%…. Wild.
$META | RBC Capital reiterates 𝐎𝐮𝐭𝐩𝐞𝐫𝐟𝐨𝐫𝐦 on 𝐌𝐞𝐭𝐚, maintains 𝐏𝐓 𝐚𝐭 $𝟖𝟏𝟎, 'This might be that opportunity'
Analyst sees Meta's AI spending as a massive, underappreciated opportunity for TAM expansion through new AI-enabled entrepreneurialism ('Born on Meta').
$META | RBC Capital reiterates 𝐎𝐮𝐭𝐩𝐞𝐫𝐟𝐨𝐫𝐦 on 𝐌𝐞𝐭𝐚, maintains 𝐏𝐓 𝐚𝐭 $𝟖𝟏𝟎, 'This might be that opportunity'
Analyst sees Meta's AI spending as a massive, underappreciated opportunity for TAM expansion through new AI-enabled entrepreneurialism ('Born on Meta').
@ianlopuch $META likes to give shareholders an opportunity every few years attractive valuations. The end result is the same - big rally follows this period.