4Aug22: Gaining Altitude

The past year and a half has been extremely rough but… beginning in July it seems we may have finally changed course for the better (knocking on wood with a heavy fist). I am tracking my ADP Phoenix Forty group of stocks and there has been some recent fine tuning to perfect this master list (Sierra Wireless SWIR is getting bought out, for example). See below for a chart of cumulative daily performance from the past ten weeks, where the graph clearly shows an upward trajectory since July. Don’t have too much else to say except let’s put on those rally caps and keep going!

Rubius (RUBY) $66M

Curis (CRIS) $89M

Shift (SFT) $100M

Axcella (AXLA) $125M

Puma Bio (PBYI) $139M

Jounce (JNCE) $174M

1stdibs.Com (DIBS) $274M

GrowGeneration (GRWG) $297M

Viant (DSP) $318M

Ranpak (PACK) $434M

Vaxart (VXRT) $481M

fuboTV (FUBO) $540M

DocGo (DCGO) $838M

Materialise (MTLS) $855M

PubMatic (PUBM) $924M

Perion (PERI) $952M

Veru (VERU) $985M

Digi (DGII) $1.1B

Magnite (MGNI) $1.2B

Proto Labs (PRLB) $1.4B

Nextdoor (KIND) $1.4B

Celldex (CLDX) $1.5B

Xperi (XPER) $1.8B

LiveRamp (RAMP) $2B

Digital Turbine (APPS) $2.2B

Ballard (BLDP) $2.5B

Opendoor (OPEN) $3.3B

StoneCo (STNE) $3.3B

SunPower (SPWR) $3.9B

DoubleVerify (DV) $3.9B

DigitalOcean (DOCN) $4.6B

Novavax (NVAX) $4.8B

New York Times (NYT) $5.1B

Ginkgo Bio (DNA) $5.5B

Doximity (DOCS) $8B

Zillow (ZG) $9.3B

First Solar (FSLR) $10.4B

Roku (ROKU) $10.9B

Skyworks Solutions (SWKS) $18B

Trade Desk (TTD) $24.3B

“When one door closes, another door opens, but we so often look so long and so regretfully upon the closed door, that we do not see the ones which open for us.”

– Alexander Graham Bell