IQ Profile picture
21 Jul, 31 tweets, 15 min read
During the past week, I asked 23 investors to tell me their highest conviction holding and a short pitch about the company.

I thought that this information could add value to Fintwit although remember that you should always do your own DD.

Let’s go!

1/ $GDRX

Making healthcare affordable. Core scripts biz is defensible - win for providers, patients, PBMs, chains. Dominant mindshare among patients/providers, high predictability, and savings improve w/scale. Ad platform just starting. AMZN risk overestimated.

2/ $SE

$SE, because it executes as I have seldom see before, it's in 2 continents, it has a ton of growth potential and a cash cow in Garena to fund the growth. For Shopee, it's e-commerce arm, it uses engagement tactics from gaming

3/ $SHOP

The company will be the new operating system (store, cart, payments, fulfillment, etc.) for a generation of new retailers for the next 25 years

4/ $NVDA

Founder-led market leader driving the secular shift in data center evolution, and leading trends in gaming, high performance computing, and AI.

5/ $FB

In one sentence, at the time of purchase, FB looked like a great ballast to my PA on account of my perception on the limited downside, with attractive upside over the next 3Y to 5Y. When taking high-conviction bets, downside is my no1 consideration.

6/ $EVO

Clear market leader in live casino & slots who's constantly gaining m/s in this >$500B market during one of the largest digital migrations ever. Operating complexity + physical/digital scale = moat = insane profitability & a huge reinvestment opportunity.

7/ $PGNY vs U.S mean:

- 25% live birth rate lead
- 16% higher pregnancy rate/IVF
- 26% lower miscarriage rate

2021 EV mples:
- 9.5x rev
- 68x EBITDA

57% 2021 rev growth 44% 2022 rev growth. Clients include $MSFT $PYPL $UBER etc. MS leader. +81 NPS.

8/ $ROKU

Founder-led co. selling players/branded TV's to drive scale -> licensing content to drive engagement (via The Roku Channel) -> monetize via ads

Seeing success internationally using the same playbook

Huge TAM w/ CTV

Great acq. in DataXu & Nielsen AVA

9/ $SE

A 3-headed monster dominating SE Asia Gaming, E-com, and payments. Growing 100% YoY and continuing to add heads to the business while expanding into new regions.

@ParrotStock 🦜
10/ $SE

Projected to have the largest revenue out of all e-commerce stocks through 2023. Free Fire just crossed 1B downloads via Play Store. (first BR game to do it) In the process of building one of the greatest ecosystems via gaming, shopping, and banking.

11/ $EGLX

Operates gaming related websites and shows, a video gaming expo, esports teams, and represents gaming influencers.

Most exciting: 300M MAUs with a market cap of less than $600M—and they’re currently developing a subscription based social platform.

12/ $TDOC

Virtual Healthcare transformation is happening. It’s not just a ZM Call with a doctor it’s full service care from primary, chronic cond mgmt & preventative. $TDOC is best positioned to lead this field. Proven Winner’s that will continue to do so.

13/ $FVRR

$8B company leading & disrupting a rapidly growing $100B+ TAM in the gig economy.

41% rev growth CAGR thru ‘23, 92% EPS CAGR, 84% gross margins, FCF positive.

14/ $NVDA

Their chips and software is crucial to all things Ai, and 3D graphics and they from the pillar upon which future metaverses can be built. With ARM they will own the whole compute chip stack, and thus be part of nearly every device.

15/ $PLTR

Data is the new oil, and $PLTR is set to become one of the biggest beneficiaries of this trend.

16/ $TSLA

Tesla is going to take the biggest chunk out of the EV market. Their margins are far better than the rest and improving. The energy side is still👶and according to Elon, it's going to worth the same as the EV side of the biz. FSD/🔋 Subscriptions?

17/ $TSLA

With EV just getting started, all the groundwork is laid for future growth.

Tesla may offer an Apple like product but at a Xiaomi price in the future. However, valuations are a concern for the short term as the stock has run ahead of itself.

18/ $PTON

$PTON is much more than just a strong brand, a cycling studio, or a bike with an Ipad: it's a combination of fitness, technology, and media. They will take the fitness world by storm.

19/ $JD

Discounted retailing leader, founder led, leading technology in logistics, that will be beneficiated by tailwinds that will transform the Chinese middle class in the highest spending one in the world.

20/ $SE

1. Southeast Asia is one of the largest and fastest growing regions in the world with a population of 670 million people and a GDP of $4.7 trillion estimated by 2025

2. Expansion into Latin America

3. Fintech and banking offerings

21/ $OSTK

1) E-commerce platform is undervalued in comparison to $W.

2) $OSTK owns 80%+ of a VC firm operating the only SEC + FINRA approved trading platform in the US. With regulation of NFTs and increased STO popularity, inflection point is approaching.

22/ $ASAN

I see the power of the product at my startup daily.

I love the founders, the AI centric vision, & the land & expand strategy that’s clearly working.

Gross margins at 90% & DBNRR trends up as customers spend more 😍

23/ $DOCU

DocuSign is the indisputable leader in the eSignature space and CLM is just getting started.

As much as some people think this is a COVID play, the company was growing at a similar rate pre-COVID.

Great revenue growth and visionary mgmt.

24/ I also prepared some basic stats with the info of the thread! 👇
25/ There were 18 unique companies mentioned. Here you can see how many times each appeared 👇

$SE 4x
$TSLA 2x
$NVDA 2x
$ASAN 1x
$OSTK 1x
$JD 1x
$PTON 1x
$PLTR 1x
$FVRR 1x
$TDOC 1x
$EGLX 1x
$ROKU 1x
$PGNY 1x
$EVO 1x
$FB 1x
$SHOP 1x
$GDRX 1x
$DOCU 1x
26/ If we look at their distribution according to market cap 👇

Small-cap: 5.6%
Mid-cap: 16.7%
Big-cap: 61.1%
Mega-cap: 16.7%
27/ Distribution by country:

🇺🇸 : 72.2%
🇨🇳 : 5.6%
🇨🇦 : 5.6%
🇸🇪 : 5.6%
🇸🇬 : 5.6%
🇮🇱 : 5.6%
28/ Distribution by industry (Seeking Alpha classification):
29/ Conclusión I get out from the thread: Why don’t I study $SE closely?!
30/ I want to thank all of the participants because it was great getting to know their highest conviction holdings!

If you liked the thread make sure you give it a RT! 👇

• • •

Missing some Tweet in this thread? You can try to force a refresh

Keep Current with IQ

IQ Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!


Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @Invesquotes

17 Jul
1/Every investor is at risk of being wrong.

The words/expressions “sure”, “definitely”, “it’s clear that…” are very dangerous in investing because as much as you might think that you are right, there is ALWAYS a possibility that you aren’t.

Short 🧵 with one simple example 👇
2/ I have just started researching for the $APPS deep dive that I will be releasing next month and as part of this research, I started reading 2014 articles about the company on @SeekingAlpha

I read some bullish reports (specifically from one author) and several short reports
3/ The long reports were written in a tone that indicated that $APPS (back then, Mandalay Digital Group) was no free lunch as an investment but it had a great opp ahead

On the other hand, shorts had a very different tone. Take a look at this extract from one of them: Image
Read 10 tweets
21 Jun
$FVRR CEO Micha Kaufman presented at the 2021 Global Technology Conference (10/06)

Here is a thread with some highlights of the conversation 👇🏻

1/ The pandemic brought tailwinds for $FVRR as it showed employers that remote-only work is feasible. They have become more open to integrate freelancers into their workforce mix
2/ The company is seeing a path to normality in terms of seasonality. The business did not experience seasonality in 2020 due to the pandemic
Read 19 tweets
18 Jun
$ABNB presented at Nasdaq's 44th Virtual Investor Conference

CFO Dave Stephenson talked about several topics and I decided to compile a small thread with the highlights!

Let's go! 👇

1/ People are still looking for domestic and nearby travel

The US has recovered the fastest although the company is seeing Europe starting to come back

Since the beginning of year, growth is increasing sequentially month over month
2/ The company is prepared for the largest travel rebound in history as borders open with the vaccine rollout

Latin America and Asia are still lagging in the recovery with respect to the US and Europe
Read 12 tweets
3 Jun
$PLTR | Enabling data-driven decision making

This time I decided to deep dive $PLTR. This time I also built up a presentation with the main aspects of the company so people that don't want to read the full document can have an idea of the company!…
1/ Key Highlights from the company
2/ Some key events of the company during its history
Read 22 tweets
1 Jun
Stanley Druckenmiller on the differences between today and the dotcom bubble and what the future holds for quality growth companies 👇

// THREAD // Image
1/ "What you have now is this incredible wave of digital transformation particularly moving on to the cloud."
2/ "I used to say two or three years ago in some interviews that we were in the bottom of the first or the second inning and this is a ten year runway but COVID sort of jumped to the sixth inning."
Read 9 tweets
26 May
Currently working on $PLTR deep dive and I wanted to share something with you.

Going to the root cause of everything is always very important because the reality might be quite different than it might appear at first sight.

An example with $PLTR

This is the asset structure for the company 👇

From those $2.7 billion in current assets, $2.01 billion are cash / cash equivalents.

My first thought: WOW, huge cash position that gives the company optionality, which is true.

But...where does this cash come from?

If we take a look at cash flows for the company (CFO, CFI and CFF) we see the following👇

So basically the cash position has been entirely built up from external financing rather than business performance. Not ideal if you ask me.

CFO is not improving either.
Read 5 tweets

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!

Follow Us on Twitter!