A once in a lifetime opportunity to own incredible companies with enormous TAMs at dirt cheap market caps. The ADP Phoenix Two is now the ADP Phoenix Four: Magnite (MGNI) $877M Nextdoor (KIND) $1.1B Doximity (DOCS) $6.1B Roku (ROKU) $7.8B “Don’t be afraid to take calculated risks when the pay-offs are there.” –Bill McRaven, Think… Continue reading 30Sept22: Golden Tickets
26Sept22: ADP Phoenix Two
The market doesn’t make sense anymore (NASDAQ down over 31% YTD) and while I had 44 positions in the ADP Phoenix 44 to ride out the storm, the opportunity to get exclusively into Magnite (MGNI) and Nextdoor (KIND) at their current market caps is too compelling to ignore. Their TAMs are simply enormous. So the… Continue reading 26Sept22: ADP Phoenix Two
21Sept22: Early Days
During these challenging times it’s good to remember the power of compounding growth: *In 2016 The Trade Desk (TTD) market cap was $1B. Today it’s $30B (30X in 6 years) These four have dipped to incredibly low market caps and have the same potential for compounding: Magnite (MGNI) $942M Nextdoor (KIND) $1.2B LiveRamp (RAMP) $1.3B… Continue reading 21Sept22: Early Days
16Sept22: Steady Going
The ADP Phoenix Forty-Four group of stocks has been chugging along and making decent progress as we finish 17 weeks of tracking. The portfolio is up 12.82% cumulatively since May 23rd, and this number accounts for minor adjustments in the holdings plus reweighting to maintain parity among the 44 positions. See graph below for trajectory… Continue reading 16Sept22: Steady Going
9Sept22: Five All-Stars
The pullback has allowed retail investors a chance to own the programmatic advertising all-stars of tomorrow at a steep discount today. These five are at such relatively low market caps that they should create years of compounding growth: Magnite (MGNI) $987M Nextdoor (KIND) $1.2B LiveRamp (RAMP) $1.3B Doximity (DOCS) $6.5B Roku (ROKU) $9.6B “Don’t look… Continue reading 9Sept22: Five All-Stars
30Aug22: Floor Models
Share prices have fallen to ridiculous levels (once again) for some of the best-and-brightest programmatic advertising and CTV companies. Get them now to establish base positions for years and years of growth. fuboTV (FUBO) $676M Perion (PERI) $948M PubMatic (PUBM) $1.1B Magnite (MGNI) $1.1B Nextdoor (KIND) $1.2B LiveRamp (RAMP) $1.4B Digital Turbine (APPS) $1.9B DoubleVerify… Continue reading 30Aug22: Floor Models
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… Continue reading 25Aug22: Green Light
18Aug22: Plus Four
The ADP Phoenix Forty is now the ADP Phoenix Forty-Four. These four companies (new to the list) created decision anxiety regarding which ones I’d need to replace… so instead I expanded the holdings. Onward! Rubius (RUBY) $66M Curis (CRIS) $121M Axcella (AXLA) $137M Puma Bio (PBYI) $145M CalAmp (CAMP) $231M Jounce (JNCE) $242M 1stdibs.Com (DIBS)… Continue reading 18Aug22: Plus Four
15Aug22: ADP Phoenix Forty
After some serious turbulence getting off the ground, the past 12 weeks have been great for the ADP Phoenix Forty group of securities. The graph below indicates an average gain of 23.5% over that time period. Minor adjustments to the list have been made during this time and like how Trader Joe’s will replace 5%… Continue reading 15Aug22: ADP Phoenix Forty
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… Continue reading 4Aug22: Gaining Altitude