I made a hypothesis two weeks ago that we had some majorly undervalued companies that were due to jump big during this earnings season and I have the resulting data below. We’ll do another report in two weeks to see if the trend continues in the right direction after four weeks.
fuboTV (FUBO) $678M→$679M (+.15%)
PubMatic (PUBM) $911M→$840M (-7.79%)
Magnite (MGNI) $969M→$1.4B (+44.48%)
Nextdoor (KIND) $1B→$901M (-9.9%)
LiveRamp (RAMP) $1.2B→$1.4B (+16.67%)
Digital Turbine (APPS) $1.4B→$1.8B (+28.57%)
Duolingo (DUOL) $3.2B→$2.9B (-9.38%)
DigitalOcean (DOCN) $3.4B→$3B (-11.76%)
Doximity (DOCS) $5.1B→$6B (+17.65%)
Roku (ROKU) $7.7B→$8.2B (+6.49%)
Average two week return: +7.52%
“Steadiness is coming up short 19 times and succeeding the twentieth.” –Julie Andrews