NeutralAPPAppLovinAppLovinDRAMRoundhill Memory ETFRoundhill Memory ETFHIMSHims & Hers Health, Inc.Hims & Hers Health, Inc.METAMSFTMicrosoftMicrosoftMUMicron TechnologyMicron Technology

Today on

There is a lot of disconnect from time to time between fundamentals and stock price. Usually, Mr. Market is efficient, but occasionally there are mistakes, for example, $APP, $MSFT, or $META recently. Disconnects happen more often in small-caps, micro-caps, and nano-caps. In mid/larger caps ($2–3B and above), they are very rare and often short in duration. If the market isn't giving any premium or growth to $HIMS or similar names, it's because they don't deserve it today. You can argue about asymmetrical opportunity all you wish, but what counts is what the market believes. The market is selling it because smarter people than I think it's not worth it. I'm also a memory bull; I find $SKHY and $MU to be excellent companies. DRAM and NAND will be in demand for years, but please stop talking about a 3 P/E like we're the only people seeing it, as if the entire buy side and sell side are stupid and the market is completely wrong on the hottest stocks out there. The market doesn't believe that LTAs change anything about memory cyclicality. What I think is irrelevant. Me disagreeing will not add a premium to it. I'm not saying you shouldn't invest in this-I've learned not to advise anyone. But I can't listen to these stories about how "no one has figured this out" except for some guy on FinX, implying the whole industry is wrong. If $MU was a $50M micro-cap, I'd trust you, but since it's the backbone of the AI buildout, I'm sure people check its valuation daily. This does not mean you should always agree with the market. Good opportunities can be found, but it's not as easy as people put it out. Usually, companies trade around the levels where they should in a given moment, based on the future expectations known at that moment.

BullishAPPAppLovinAppLovinNOWServiceNow, Inc.ServiceNow, Inc.UUnity SoftwareUnity Software

Yesterday on

I strongly believe software is in no danger from AI-quite the opposite. Of course, low-quality companies will be weeded out. But high-quality software will be one of the biggest beneficiaries of AI, making it one of the best tech sectors to invest in for years to come. A few of my top picks include $APP, $U, and $NOW. What's your top software pick? Any market cap.

NeutralAPPAppLovinAppLovinUUnity SoftwareUnity Software

5d ago on

$U Unity delivered a pretty impressive Q3. • Revenue $622M (+32% YoY, +14% QoQ) • Strategic revenue $597M (+59% YoY) • Strategic Grow $432M (+90% YoY) • Unity Vector +126% YoY, +40% QoQ • Adjusted EBITDA $257M, 41% margin • GAAP net income $122M, first profitable quarter since IPO • Free cash flow $220M Q4 strategic revenue guidance: $683–691M (+65–67% YoY). The turnaround is becoming increasingly visible. Strategic revenue growth has accelerated from 35% in Q1 to 59% in Q3, while adjusted EBITDA margins expanded from 27% to 41%. Valuation comparison with $APP: $U: ~9.7x EV/LTM revenue $APP: ~15.6x EV/LTM revenue AppLovin deserves a premium. Its revenue grew 55% YoY in Q3, with an extraordinary 84% adjusted EBITDA margin, compared with Unity's 32% revenue growth and 41% margin. Still, Unity's improving growth, margins and cash generation make it an interesting turnaround story.

BullishAPPAppLovinAppLovinNOWServiceNow, Inc.ServiceNow, Inc.UUnity SoftwareUnity Software

5d ago on

I like $U Very much believe that SaaS will remain strong and even stronger with AI. $APP still looking exceptionally strong and $NOW will recover. Any interesting SaaS names you got? https://t.co/7XCfEmhqUW

APPAppLovinBullishAppLovin

6d ago on

Here's a thesis on $APP. Great time to check it. When I was writing it, I was optimistic on Q3 and Q4 being good due to traditionally higher spends, but didn't expect an incredible ER we got. $APP is very much alive. Bookmark, check it out. No pw. https://t.co/YLgtYahNUe