Whelp… I’m starting to see why professionals only offer quarterly reports as the month-to-month can look pretty crappy. Here is the first month of the “progress report” for the 12 holdings in the ADP Growth Fund. Like I said a few days ago for the smaller group I’m tracking, there isn’t anything fundamentally wrong with any of these companies and they are all still recommended. Continue to buy low. Magnite, HEXO and Fluent are particularly cheap (hello future multibaggers!).
Rubius (RUBY) +35%
Digital Turbine (APPS) +1%
Brightcove (BCOV) -5%
PubMatic (PUBM) -6%
LiveRamp (RAMP) -10%
Novavax (NVAX) -13%
Perion (PERI) -14%
Kubient (KBNT) -14%
Magnite (MGNI) -19%
HEXO (HEXO) -22%
Jounce (JNCE) -25%
Fluent (FLNT) -40%
“It is said that the darkest hour of the night comes just before the dawn.” –Thomas Fuller