GBA Presents: House of Gummy-!
- Thread starter stonedinvestor
- Start date
Nvidia (NVDA) shares closed at another record high after announcing new AI chips at the Consumer Electronics Show (CES). Piper Sandler has pointed out in a note that Nvidia's GPU building capacity foreshadows a growth for application software-based stocks as generational AI and data processing capabilities pick up.
Piper Sandler Senior Research Analyst Brent Bracelin gives insight into the note and why stocks like Workday (WDAY) , Monday.com (MNDY), and Klaviyo (KVYO) are some top ideas to own in 2024.
Bracelin explains why there's a great investment opportunity with these stocks: "There were over 40 cloud software companies growing over 30% back in 2021. If you fast forward to next year there's only four. So growth is scarce again. We think we're entering a whole new investment cycle for these cloud application companies. This time it's really driven by the need to move these applications, these old applications where your data is locked up in on-prem software, you have to modernize to unlock the data and open up some new AI opportunities. So we're at the beginning of what we think is a big generational investment cycle."
Piper Sandler Senior Research Analyst Brent Bracelin gives insight into the note and why stocks like Workday (WDAY) , Monday.com (MNDY), and Klaviyo (KVYO) are some top ideas to own in 2024.
Bracelin explains why there's a great investment opportunity with these stocks: "There were over 40 cloud software companies growing over 30% back in 2021. If you fast forward to next year there's only four. So growth is scarce again. We think we're entering a whole new investment cycle for these cloud application companies. This time it's really driven by the need to move these applications, these old applications where your data is locked up in on-prem software, you have to modernize to unlock the data and open up some new AI opportunities. So we're at the beginning of what we think is a big generational investment cycle."
Ted- Big Pete says a lot of litigation shows up in his system regarding GCT any idea why?
This is a busted IPO in a hot sector.
ALERT********
Spotlight->KVYO Klaviyo, Inc.
$27.16-0.32 (-1.16%)2:03 PM 01/10/24
ALERT********
Spotlight->KVYO Klaviyo, Inc.
$27.16-0.32 (-1.16%)2:03 PM 01/10/24
Looks like it IPO'd at $30 kissed $35 and dove to our level.....
Shopify also an investor.....
Company Profile
Klaviyo, Inc., a technology company that provides a software-as-a-service platform to enable its customers to send the right messages at the right time across email, short message service (SMS), and push notifications. The company offers Klaviyo, a marketing automation platform that sends personalized and targeted messages. Its products include email marketing solution to track every click and purchase to optimize campaigns; SMS, a text marketing solution for ecommerce growth and retention; and mobile push solution that reaches customers directly on their lock screen with mobile push notifications. The company also provides Review solution to get the product reviews; and a customer data platform that helps store, analyze, and use data at scale. It serves individuals, small and medium enterprises, and companies in North America, Western Europe, Canada, the United Kingdom, Australia, and New Zealand. The was incorporated in 2012 and is based in Boston, Massachusetts.
Company Profile
Klaviyo, Inc., a technology company that provides a software-as-a-service platform to enable its customers to send the right messages at the right time across email, short message service (SMS), and push notifications. The company offers Klaviyo, a marketing automation platform that sends personalized and targeted messages. Its products include email marketing solution to track every click and purchase to optimize campaigns; SMS, a text marketing solution for ecommerce growth and retention; and mobile push solution that reaches customers directly on their lock screen with mobile push notifications. The company also provides Review solution to get the product reviews; and a customer data platform that helps store, analyze, and use data at scale. It serves individuals, small and medium enterprises, and companies in North America, Western Europe, Canada, the United Kingdom, Australia, and New Zealand. The was incorporated in 2012 and is based in Boston, Massachusetts.
LETS DROP A GUMMY!
Your beloved RELL reports tonight fwiw.
FINALLY VAN--!!!! Some of my ideas are slow to germinate but they do---
RBC maintains Outperform rating on PagerDuty after report on takeover interest » 14:29 PD