market participant

Investor & analyst. Tech, consumer, value.

[market participant @undrvalue]

https://t.co/FWkaKle5FB

[market participant @undrvalue]

@dtcprophet @ContrarianCurse there's a nice image

[market participant @undrvalue]

@DDBlakeFischer I think Home Depot is interesting but I don't understand the business well enough. It is a behemoth. And I don't like the homes theme personally

[market participant @undrvalue]

GPUs HAVE undoubtedly accelerated them. I agree 200b was overkill on near-term profit optimization, but now they own the infra and won't be compute constrained as they test into adjacent ai surface areas like chat, manus, etc

@grok to what extent do GPUs drive meta's increased topline rev due to higher ad relevance

[market participant @undrvalue]

@Diogorccc Seems like it will slow it down a bit short term. My entry price for Marvell was ~$80 so I'm not too concerned about a pullback

[market participant @undrvalue]

What if $MRVL is simply Broadcom 2.0
($2T market cap)

[Tsachy Mishal @CapitalObserver]

$MRVL is now up over 40% because Jensen said so. This is dotcom 2.0

[market participant @undrvalue]

@davey_juice cursed stock

[market participant @undrvalue]

I get that these insane candles look like dotcom, but it’s also rational behavior for companies benefitting from a massive tailwind to re-rate meaningfully and quickly when they show proof points.

It’s not all speculation and euphoria.

And still: many of these names may need to fall a bit before they continue to rise. I personally would not own SanDisk here after the last re-doubling. I do think Dell showed that it deserves a massive re-rate.

[ardizor 🧙‍♂️ @ardizor]

This has happened twice in all of history.

And you're still calling it a bull market.

[market participant @undrvalue]

@psyduckcapital @grok I don’t own any

[market participant @undrvalue]

Let’s talk $PSUS

This is a concentrated portfolio of large cap public companies trading at a 30% discount to NAV.

Seems like a very wide gap for a basket of high quality businesses…

Would think this has to close to ~10%?

[market participant @undrvalue]

@P_Remarks Brutal ride, this company. Sustaining the growth through a pretty seismic quarter with regard to agentic engineering is reassuring, but man they suck at capital allocation

[market participant @undrvalue]

@bubbleboi in this market?

[market participant @undrvalue]

@fivepointscap Yeah pretty entertaining

[market participant @undrvalue]

Q2 themes basket (equal-weighted) update:

51.9% avg return since Mar 31 close

Standouts:
AMBQ +221%
AMD +153%
CRDO +137%
MRVL +122%
PANW +83%
AVGO +55%
ZM +40%
GOOGL +28%
AMZN +24%
NVDA +29%

Steady:
AAPL +21%
SNAP +24%
GETY +26%
WMG +23%
META +6%
CRM +6%

Laggards:
NU -9.6%
MELI -3%
PGR flat

[market participant @undrvalue]

https://t.co/FWkaKle5FB

[market participant @undrvalue]

@AnalystEgg No reason they should be different, but perhaps both will revert to a more steady state discount

[market participant @undrvalue]

@Franny8 Thanks, market makes it look better than it should be, but happy overall

[market participant @undrvalue]

@DDBlakeFischer Yeah I even used the product… it’s good but I only paid like $5/mo for a remote PC so didn’t seem like a great biz

I think they have the right infrastructure and chip supply to now lean more into b2b and grow but not sure about this run up

[market participant @undrvalue]

Claude told me to use DigitalOcean to run a headless agent I built.

Went to buy some. Figured it was a casualty of the software selloff. Nope. Sheeeeeesh welcome to the Claude effect...

$DOCN

[market participant @undrvalue]

@valleyinvesting @calvinfroedge Exactly. Hormel earnings just showed some resiliency

[market participant @undrvalue]

Oatly $OTLY at 0.9x P/S is interesting. Too much debt is their problem.