I added $CRDO to my portfolio today.
> Growing revenue over 100%
> Pristine balance sheets
> Founder led
> Very strong margins
> Very reasonably valued
BUT
Also very high customer concentration, so I’m sizing accordingly.
I already own $ALAB for quite while but the
$CRWD valuation breakdown👇
Currently, $CRWD trades at 109x forward price/free cash flow, the highest level since it became free cash flow positive.
A great time to dive deeper into its valuation and growth assumptions:
What's priced in over the next five years for a 15%
$ANET: a great way to gain exposure to AI networking, yet not a widely known company.
$ANET makes high performance networking equipment and software that helps data move across data centers, cloud infrastructure, campus networks, and AI clusters.
Their products are used by
Why I never bought $AAOI after putting ~100 hours of research into the company back in March 2026:
1 - $AAOI’s very questionable execution track record: during the 100G cycle, management made aggressive claims, insiders sold stock, and the company ultimately failed to deliver.
$NBIS $5B senior convertable notes term details:
• $3B tranche due 2030 at 0.50%
• $2B tranche due 2034 at 4.50%
• Conversion prices of $313 and $325
• The deal is upsized from $4.5B to $5B
• $4.94B in net proceeds
The deal does not lead to extra dilution.
All in all very
I wouldn't buy $TTD today at $13, for three important reasons:
1 - I no longer have confidence in management. They've been full of promises but failed to deliver on them.
2 - Nearly the entire management team has been replaced in the last year, which is a major red flag to me.
It's interesting to see how quickly memory sentiment flipped while nothing fundamentally changed.
The future of HBM has never been brighter:
• AI inference
• Agentic AI
• Edge AI
• Autonomous driving
• Robotics
• New GPU generations
They all need exponentially more
