Thread by @JonahLupton

Yesterday I posted my current portfolio so today I’m following up with a thread to explain why I own all 25 of my current stocks plus my updated 12 month price targets.

Hitting these price targets will require strong ongoing fundamentals and broad market tailwinds.

https://twitter.com/jonahlupton/status/1316114560613519365

$FSLY: Fastly has the best in class CDN and edge computing technology plus with the recent acquisition of @signalsciences they are making the best websites faster and more secure including TikTok, Shopify, Spotify, Etsy, Pinterest, Airbnb, Twitter and hundreds more.

PT = $190

$TSLA: Tesla is leading the EV renovation, approx 3% of global car sales are EV’s and I believe over the next 10 years this goes to 50%, $TSLA will face increased competition but they have a massive head start. Solar and batteries are icing on the cake.

PT = $650

$SE: Sea is the three headed monster, they are leaders in e-commerce, digital payments and gaming, amazing founder and huge strategic investor in Tencent

PT = $230

$CRWD: CrowdStrike is the leader in cybersecurity, threat detection and endpoint protection, they are a must have solution for enterprises and government agencies... strong management and customer base.

PT = $200

$SQ: Square is creating the future of banking and digital payments to serve businesses and consumers, the traditional banks are being dismantled and $SQ is in the middle of that revolution

PT = $245

$ETSY: Etsy clearly benefited from the pandemic which accelerated growth but many of those customers will keep coming back especially as brick & mortar retail continues to die off, great management and fair valuation relative to growth however 2021 comps get harder

PT = $190

$PTON: Peloton is leading the FitTech revolution with premier hardware and software but most important is the growing content library and community, I believe 40% of gyms/studios will close in the next year which continues to fuel $PTON and other FitTech companies

PT = $185

$ROKU: Roku has becoming the TV operating system with many households choosing to “cut the cord” and move to different streaming services which is where $ROKU becomes a necessity

PT = $290

$TDOC: Teladoc is the leader in tele-health which was on full display during the pandemic and forced doctors to adopt this technology, their upcoming merger with $LVGO makes this company much stronger for the long term.

PT = $325

$DOCU: DocuSign has become a required product for almost every business and enterprise on the planet, their esignature platform is amazing and through recent acquisitions they are expanding into notarizing documents and smart contracts using AI and ML.

PT = $320

$SHOP: Shopify has had an incredible run the past 5 years but still putting up incredible growth numbers because of their diverse platform for SMB’s to run their online businesses. As they build out fulfillment & logistics they are going after $AMZN

PT = $1450

$DDOG: DataDog provides analytics and monitoring for DevOp teams which is a must-have in the new age of cloud and software. They recently announced deeper integration with $MSFT Azure

PT = $145

$NET: CloudFlare provides companies of all sizes access to a unified solution to improve performance and increase web security. As a founder led company they continue to new products and improvements.

PT = $80

$API: Agora has built a developer first platform so they can build real time engagement services via video, voice and messaging. With more WFH these tools will become more critical.

PT = $65

$Z: Zillow has their founder back running the company which is a big deal and they continue to evolve the platform from data/leads to real estate brokerage services and iBuying which is what $IPOB also does. I think they will both be winners.

PT = $140

$CYRX: CryoPort provides cold storage and temperate controlled shipping and logistics for biotech snd pharma companies which should include possible Covid vaccines

PT = $75

$NLS: Nautilus is a lessor known company in the FitTech space however they own Bowflex which is on fire right now, $NLS only trades at 1x sales while similar competitors trade at 5-10x sales. $NLS wins from more people setting up home gyms.

PT = $38

$ZYXI: Zynex provides non-invasive medical devices to help patients with pain management alternatives, they recently lowered 2020 revenue guidance because of Covid but I expect 2021 to be very strong as they grow their sales force

PT = $30

$BAND: Bandwidth is another cloud based communications platform for enterprises which includes companies like Zoom, RingCentral, Google, UberConference, Microsoft and many more. They also made a recent acquisition to help with global expansion.

PT = $270

$IIPR: Innovative Industrial Properties provides certified/regulated facilities to cannabis companies. As more states legalize cannabis I expect $IIPR to be a big long term winner.

PT = $215

$DKNG: DraftKings was one of the pioneers in the online sports betting industry, they have a loyal following from sports fans across the country, if/when the biggest states legalize sports betting to increase tax revenues this stock will rip higher

$DKNG = $95

$LMND: Lemonade still trades as a premium valuation based on current revenues and growth rates however as they continue to disrupt more insurance verticals with their AI and big data strategy this stock could go much higher.

PT = $105

$FTCH: FarFetch is a digital marketplace ie e-commerce platform for luxury goods/brands with huge growth potential in Europe and Asia.

PT = $40

$RDFN: RedFin is another founder led company that is disrupting the real estate industry but trying to replace real estate agents and the current commission structures. They should also benefit from a low rate environment which creates more buying/selling activity.

PT = $78

^revolution not renovation

WTF Twitter, it’s time for a fucking edit button