25Aug22: Green Light

Five areas that are clearly in our future are the Internet-of-Things (IoT), biotech, programmatic advertising, 3D additive printing and green energy (electricity/storage/propulsion). The ADP Phoenix Forty-Four have a number of companies in these sectors that are promising in their ambitions, with some of them established as leaders. Buy, hold and accumulate. Minor adjustments to this list are occasionally made as opportunities arise. 

Rubius (RUBY) $67M

Curis (CRIS) $95M

Axcella (AXLA) $131M

Puma Bio (PBYI) $147M

Jounce (JNCE) $230M

1stdibs.Com (DIBS) $276M

Viant (DSP) $295M

Vaxart (VXRT) $425M

Ranpak (PACK) $509M

Materialise (MTSL) $701M

fuboTV (FUBO) $716M

Altimmune (ALT) $926M

Perion (PERI) $955M

DocGo (DCGO) $1B

PubMatic (PUBM) $1.1B

Magnite (MGNI) $1.1B

Proto Labs (PRLB) $1.1B

Digi (DGII) $1.2B

Nextdoor (KIND) $1.3B

Veru (VERU) $1.4B

LiveRamp (RAMP) $1.4B

Celldex (CLDX) $1.5B

Xperi (XPER) $1.7B

Digital Turbine (APPS) $2.1B

Ballard Power (BLDP) $2.5B

Novavax (NVAX) $2.9B

Opendoor (OPEN) $3B

StoneCo (STNE) $3.1B

DoubleVerify (DV) $4.4B

DigitalOcean (DOCN) $4.5B

SunPower (SPWR) $4.5B

Ginkgo Bio (DNA) $5.1B

Bloom Energy (BE) $5.2B

New York Times (NYT) $5.3B

Doximity (DOCS) $6.5B

Exact Sciences (EXAS) $6.9B

Zillow (ZG) $8.5B

AppLovin (APP) $9.9B

NRG Energy (NRG) $10B

Roku (ROKU) $10B

First Solar (FSLR) $12.9B

Plug Power (PLUG) $17.2B

Skyworks (SWKS) $17.3B

Trade Desk (TTD) $32B

“I really believe it’s better to learn from other people’s mistakes as much as possible.” –Warren Buffett