Originally Posted by Jesper
I like the 'MyWallSt' guys. Easy to listen to and Dublin based. They have one free podcast a month and one stock pick 'members only' one per month.
I may or may not follow them but over the past few months I do like the following stocks (some which took a hammering last Friday).
Talking about hammering
Alteryx, Inc. (AYX) took a beating last Friday even though the results sounded ok. Definitely not the beating I was expecting so perhaps a good point to enter at now?
For good or bad my trading strategy is to find a professional organisation that has a good track record and in general take their advice. This will be for about 50% of my portfolio. The other 50% will be large cap 'anchor' stocks and perhaps a small bit of some 'gut' feeling/gambling
Yeah I have about 5% of my Portfolio in that, heck of a beating. I think they're an example of what happens to these big growth companies. They've brought huge returns over the past few months, so owe me nothing. That said, all those SAAS companies, Fastly, Datadog, Docusign, Alteryx, Crowdstrike, Okta (I own them all), are inflated now to the point where their share price is only justified if they have pretty much 70-100% growth each quarter. Obviously that's impossible to do forever, Alteryx were the first to falter last Thursday, and you see the results. It's grand for those that saw it go up 130% TYD before the Friday, but it shows that it's risky buying into them now.
As for Alteryx specifically, it's a quiet company, you're not going to hear big soundbites that will blow up the stock price until next results day, so I don't see it recovering that 28% dip for a while.
Your portfolio plan is sound, my problem is when you see the solid side growing at 10% per annum, while your other 50% doubles in 3 months (as we say Arpil-June this year), it's awfully tempting to make it 60/40, 70/30, 80/20 etc.