After buying a little more yesterday in the AH (after hours) and this mornings 10% jump, DOCU is currently just under a 15% holding. That is the high end of how much I want any one company to be as a percentage of the whole, but with DOCU’s performance, I have no complaints and am happy to replace ZM with DOCU in my top 3. ZM is now 5th with a 7.5% position. Happy Friday!
User comment: Victor, what is your expectation about ZM in the coming 1-2 quarters?
Victor: ZM can still surprise and will have 1-2 more great quarters (easy comparisons to prior year pre-pandemic) quarters, but the market has probably priced much of that growth into the stock already. I could see them benefiting from a resurgence in the virus around the world, as well as enthusiastic emotional buyers, and possibly even revisiting their former high of $590 due to the incredible profits they are raking in and CF they are generating, but I don’t see the potential of a 3x-5x of the stock until they introduce a 2nd act. CRWD, NET and DOCU on the other hand can and should all double or more from here in the next 1-2 years, and are poised and ready with all the fundamentals, TAM, product lines, execution and team to do so. ZM will continue to thrive and do amazing as a company, and eventually will start charging K-12 for their services (currently their second largest sector and they are giving it away) but its not transparent yet how they re-accelerate growth of 400% from here. Just my thoughts, though…and I have been wrong more than a few times (after exiting both SHOP and HUBS way too soon…but very different and pre-pandemic stories). Happy Friday….Cheers!
User comment: Thank you, happy Friday to all from good old Germany. Cheers!
User comment: How do you feel about Michael Burry shorting Tesla?
User comment: For more context, I guess I was wondering whether or not you feel like Tesla is overvalued
Victor: Absolutely…but I don’t own it and don’t trade it and have never been a “short” type of guy. Fundamental optimist by nature. And does not have anywhere near the fundamentals or company growth of the SaaS companies I own…even if their stock has been on fire this year…But don’t get me wrong, they have incredible technology and ideas and Elon dreams bigger than almost anyone I’ve seen…but I’m a finance guy and the fundamental financials of the company and other numbers don’t make sense to me. Course I’ve been wrong for a long time now if you look at the stock price! 😉
User comment: Just bought an ID3
It’s a Volkswagen… fully electric.
Elon tried it 2 months ago in Germany – thought it was good, even!
User comment: Great reviews out of Germany, but the small one will not be sold in the US. Only the SUV and – later – the van. Unless something changed.
User comment: I want one of those. Awesome.
User comment: 2022User comment: Wow!
User comment: Not sold in USA. They pot sell Tesla in Europe
