FuboTV, A Sequel To The Roku Story

FuboTV Inc. (NYSE: FUBO), the recent IPO, is already popular among Bears and the doubts raised will remind you of the early years of Roku Inc. (NASDAQ: ROKU) given most doubts are based on ill-formed opinions about how the consumer streaming industry works, consumer trends, and growth investing in general. We looked at the name, liked it enough to own the stock, and included in our weekly list of top ideas for the week. Most doubts can be summed up as uncertainty that usually surrounds a developing story but a…

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Palantir Is Next-Gen Data Growth Story, Not A Defense Contractor

Palantir Technologies Inc. (NASDAQ: PLTR) is being mislabeled as a fancy defense contractor by the Bears, instead, it is a growth story for the next bull run that is starting to gain critical mass in selling software solutions for the data-driven world, after more than a decade of development. We are Bullish on the name; own it in our portfolio and the stock was part of the recent weekly list of top ideas. The long-term thesis boils down to few key points, the company is a leader and one of…

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Li Auto IPO: NIO, Tesla And Nikola Need Not Worry, For Now.

There is a new player in the electric vehicle space – Li Auto Inc.; new only in respect to the publicly listed U.S. stocks. Li Auto Inc. is planning to come out with an IPO soon. Since we have followed the space for a while and love reading SEC filings, here are some of our preliminary thoughts about the company and the upcoming IPO. It’s a hybrid is one of the first things you will hear from Bears on the space while talking about Li Auto and its first model…

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Hyliion Doesn’t Have To Be Tesla Or Nikola To Succeed

If you believe the product is as important as personality, Hyliion Holdings Corp. (NYSE: SHLL) is one name that should be high on your list of frontier technology stocks, including Tesla (Nasdaq: TSLA) and Nikola (Nasdaq: NKLA). Hyliion is working to provide what may be a perfect transition for Class 8 trucks to move from fossil fuels to zero-emission technologies, be it electric or hydrogen fuel cells, making good current of current infrastructure, including driver readiness, service capabilities of truck companies, electrical grids, etc. For investors, options to invest in…

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Albertsons IPO Looks Good

Albertsons Companies Inc. (NYSE: ACI), one of the largest grocer, is going public this week, offering 66 million secondary shares at an expected price of $18-$20, valuing the company around $9 billion and an enterprise value of $19.0 billion. We believe this is a good price for what is shaping up to be a great company. You have the right to be cautious Now taking a look at a grocery store business when things that are working in the stock market are – bankrupt car rentals, airlines near bankruptcy, SPAC’s…

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Warner Music, Made Relevant By Spotify, Looks Fully valued

Warner Music Group (NYSE: WMG) went public earlier this month and the stock is up 30% from IPO levels, not much higher given the investor excitement towards anything new to the stock exchange, anything related to music streaming, and anything that can be compared to Spotify (Nasdaq: SPOT). But the market is right to have tempered its excitement. Rise of music streaming has provided respect to music publishers once again; almost a decade after the business was pronounced dead with the rise of free file-sharing services. No doubt, the franchise…

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Tencent Music Stock Can Follow Spotify Now

Investors have largely ignored Tencent Music Entertainment Group (NYSE: TME) stock ever since the company went public, earlier this year, concentrating largely on much sexier Spotify (Nasdaq: SPOT) in the music streaming space. That may not change anytime soon, but now that Spotify is once again gaining favors among investors, Tencent deserves a closer look and the business offers enough promise to help stock follow the Spotify’s lead, if not overtake. Some amount of Wall Street’s indifference towards Tencent Music’s stock is due to the difference between Tencent Music’s business…

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ZoomInfo Is Worth Zooming In

ZoomInfo (NYSE: ZI) went public earlier this month and the stock has more than doubled since then, like many other recent IPOs. The market excitement for IPOs has not completely distinguished between long-term promise offered by the businesses, valuation, management quality, or the industry dynamics. That’s why making a simple Long or Short argument isn’t easy with the stocks hitting new highs but digging deeper into quality businesses is warranted, especially ahead of the market cooling off. ZoomInfo looks like one such quality execution story with favorable macro tailwinds. Good…

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Lemonade Inc. IPO Will Be Hot, So Be Patient

We were looking through recent IPOs, some of those covered in our previous note, but a more exciting one is the one coming soon – Lemonade Inc. (NYSE: LMND). Even though the company offers renters and homeowner insurance, if you are expecting insurance like business valuation, you will be in for a surprise. Case in point insurance comparison sites SelectQuote (Nasdaq: SLQT) and EverQuote (Nasdaq: EVER) Other than profitability almost everything that excites growth-oriented investors is going for this ‘insurtech’ play, companies combining insurance and technology. Extremely high sales growth,…

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Favorite Long And Short Ideas From Recent IPO Season

There has been a barrage of IPOs over the last few months. Having added some of those names to our database of proprietary earnings model, we thought of sharing our initial thoughts on our favorite names for potential Long and Short. Vroom (Nasdaq: VRM), the online car-buying platform that is being compared to Carvana (Nasdaq: CVNA) has been received well, but the hype around the name is a bit over-exaggerated right now. We have written a detailed note on the company. We believe Vroom has executed well, driving growth in the…

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