The Next Multibagger: Recent Episodes
Kenny Ohata
The Next Multibagger is the podcast about investing for multi-bagger returns. Join Kenny as he interviews investors about their investment strategies and methodologies in finding the next multi-bagger investment.
Today I have the pleasure to bring on Edmund McCormack, Founder and CEO of Dechained, an investment advisory firm that provides education, investing recommendations, and market information for cryptocurrency. Edmund has prior experience working at Apple and Teads, and is also currently a managing partner at Dechained Capital.
We discuss Edmund's journey into cryptocurrency, his strategy and framework when investing in projects, and some exciting projects that he's researching and/or investing in.
You can learn more about Edmund and his company Dechained at https://www.thedechained.com/
In this episode, I talk about Perion Networks (PERI) a global technology innovator in the digital advertising ecosystem, providing brands and publishers with an opportunity to unlock lucrative growth opportunities. The company operates across the three main pillars of digital advertising – ad search, social media, and display/video/CTV, representing a potential market of more than $500B.
UiPath designs and develops robotic process automation software. The platform offers foolproof development tools, automation of intricate processes, enhanced control, cloud and on-premise deployment, robust governance, and multiple robots on a single virtual machine. UiPath was founded in 2005 and headquartered in New York, United States.
Join the Community: https://www.patreon.com/thenextmultibagger
After a meteoric rise of Bitcoin and Cryptocurrencies in the past year, digital assets traded down sharply on Wednesday, May 20. Before diving into the negative catalysts pushing crypto prices down, it's important to understand the events leading up to this downturn. In this episode, we depart from technology stocks and dive into the world of cryptocurrencies. We'll first be going over:
-
What is cryptocurrency and bitcoin
-
What caused crypto to rise in the last year
-
What caused crypto to fall in the last few days
-
Is crypto a good long-term investment?
-
How to take advantage of this opportunity
Join the Community: https://www.patreon.com/thenextmultibagger
BigCommerce (NYSE: BIGC) is the world’s leading cloud eCommerce platform for established and rapidly-growing businesses. Combining enterprise functionality, an open architecture and app ecosystem, and market-leading performance, BigCommerce enables businesses to grow online sales with 80% less cost, time and complexity than on-premise software. BigCommerce powers B2B and B2C ecommerce for more than 60,000 SMBs, 2,000+ mid-market businesses, more than 25 Fortune 1000 companies, and industry-leading brands including Assurant, Ben & Jerry’s, and Gibson.
Join the Community: https://www.patreon.com/thenextmultibagger
Fastly Inc.’s (FSLY) stock dropped in the extended session Wednesday after the cloud-based online content-services company reported a quarterly loss and outlook short of Wall Street expectations and announced the departure of its financial chief.
With Fastly down around 70% from its ATH of $128, is it a good buy here at $42? In this episode, we'll breakdown Fastly, its Q1 earnings, and whether it's a buy here.
Join the Community: https://www.patreon.com/thenextmultibagger
Last week was an exciting week in the stock market, with large tech companies reporting their quarterly earnings. FAANG stocks all did well and helped rally the markets towards all-time highs. However, there were stocks that did not impress Wallstreet expectations and are down after their report. Ark Invest has been buying these 5 exciting growth stocks, and in this episode, I'll be breaking down their recent earnings and future potential.
Join the Community: https://www.patreon.com/thenextmultibagger
00:00 Intro 0:34 Pinterest Stocks (PINS) 7:43 Teledoc Health (TDOC) 10:47 Spotify (SPOT) 13:41 Tesla (TSLA) 20:56 Twitter (TWTR) 25:44 Ranking this List 30:00 Closing
teledoc #pinterest #spotify #tesla #twitter
Founded in 2000, ZoomInfo Technologies Inc. is an American subscription-based software as a service company that sells access to its database of information about business people and companies to sales, marketing and recruiting professionals.
While the name may be unfamiliar to most, one of ZoomInfo’s previous owners might ring a bell: The company was acquired in 2017 by Great Hill Partners, a Boston-based private equity firm that has invested in businesses such as Wayfair, Bombas, and Custom Ink. In February 2019, ZoomInfo was bought by (and merged with) DiscoverOrg, an enterprise software firm based in Vancouver, Washington.
Join the Community: https://www.patreon.com/thenextmultibagger
00:00 Intro 1:04 Company Overview 5:50 Financials 9:56 My Thoughts 12:24 Closing
SRAX (Nasdaq: SRAX) is a financial technology company that unlocks data and insights for publicly traded companies. Through its premier investor intelligence and communications platform, Sequire®, companies can track their investors’ behaviors and trends and use those insights to engage current and potential investors across marketing channels.
Join the Community: https://www.patreon.com/thenextmultibagger
00:00 Intro 1:01 Company Overview 3:28 Financials 5:45 Pros 9:00 Cons 10:32 Closing Thoughts
AbCellera Biologics Inc. (NYSE: ABCL) develops an antibody discovery platform. Its full-stack, AI-powered drug discovery platform searches and analyzes the database of natural immune systems to find antibodies that can be developed as drugs. As of December 31, 2020, the company had 103 discovery programs that are either completed, in progress, or under contract. It has a discovery partnership agreement with Eli Lilly and Company. AbCellera Biologics Inc. was founded in 2012 and is headquartered in Vancouver, Canada.
Join the Community!: https://www.patreon.com/thenextmultibagger
00:00 Intro 0:24 Company Overview 10:24 2020 Financial Results 12:22 Closing
The Patreon IS NOW LIVE: https://www.patreon.com/thenextmultibagger Thank you for being a supporter of the show! One of the reasons I started this show was to reach out to other investors to share information in order to build our wealth. I believe this Patreon allows us to build this community. We are all looking for the next multi-bagger, so this is a great opportunity to share our ideas and research to beat the market.
Skills (SKLZ) and STEM (STPK) have been on a tear in the past few months, but now are coming down to more reasonable valuations after getting a little too ahead of themselves. Down over 50% from their all-time highs, both are increasingly becoming more attractive to start building a position. Both companies are growing rapidly serving a large TAM, and are still in the early innings of their growth story.
00:00 Intro 1:30 Skillz (SKLZ) 16:55 Stem (STPK) 23:45 Closing
AppHarvest (NYSE: APPH) is building some of America's largest greenhouses, combining conventional agriculture techniques with today’s technology to grow non-GMO, chemical-free produce. Their first greenhouse in Morehead, Kentucky, will span 60 acres. The facility will use 90% less water than traditional open-field agriculture. Their central location here is within a day’s drive of 70% of the U.S. population, also allowing for reducing the amount of fuel consumed in transportation by 80%.
Join the community: patreon.com/thenextmultibagger
00:00 Intro 0:31 Company Overview 7:45 Valuation & Financials 9:26 Initial Thoughts 10:38 Risk Factors 12:05 Closing
Markforged, the creator of an integrated metal and carbon fiber additive manufacturing platform, The Digital Forge, announced it has entered into a definitive agreement to merge with one (NYSE: AONE), a special purpose acquisition company sponsored by A-star and founded and led by technology industry veteran Kevin Hartz. Upon completion of the transaction, the combined company will retain the Markforged name and will be listed on the New York Stock Exchange under the ticker symbol “MKFG.” Founded in 2013, Markforged’s AI-powered and intuitive additive manufacturing platform delivers tangible value to customers by solving demanding applications across key verticals, including industrial automation, aerospace, military and defense, space exploration, healthcare and medical and automotive. The platform seamlessly combines precise and reliable 3D printers with industrial-grade materials and cloud-based machine learning software, providing modern manufacturers with the resources to create more resilient and agile supply chains while saving time and money.
Thank you for all the support guys! I'm happy to share with you that I'm launching a Patreon THIS FRIDAY. You'll be invited to join a community of like-minded investors looking for the next multi-bagger, with tons of benefits like instant buy & sell alerts, an in-depth look at my portfolio, and a monthly Q&A Livestream. If you're interested, join the community: patreon.com/thenextmultibagger
00:00 Intro 0:44 Company Overview 6:16 Financial Overview 8:43 Transaction and Valuation 10:56 Financial Statements 12:22 Risk Factors 15:27 The Investment Thesis 16:49 Closing
Zedge is a content platform, and global leader in smartphone personalization, with more than 280 million app installs and 35 million monthly active users. People use Zedge to make their smartphones more personal - to express their emotions, tastes and interests using wallpapers, icons, widgets, ringtones and more. The Zedge platform enables brands, artists and creators to share their smartphone personalization content with their fans in order to extend their reach, reinforce their message and gain valuable insight into how customers interact with their content.
Support this podcast: https://anchor.fm/thenextmultibagger/support
Fulgent Genetics, Inc. (NYSE: FLGT) operates as a technology company. The Company develops a proprietary technology platform that integrates sophisticated data comparison and suppression algorithms, adaptive learning software, advanced genetic diagnostics tools, and integrated laboratory processes. Fulgent Genetics offers genetic testing to provide physicians with clinically diagnostic information. Timestamps: 00:00 Intro 0:40 Overview 6:08 Financials 8:05 Quarterly and Full Year Earnings 10:00 Closing
Support this podcast: https://anchor.fm/thenextmultibagger/support
High Tide, Inc. is a retail-focused cannabis corporation. It is among the most vertically-integrated companies in the Canadian cannabis market, with portfolio subsidiaries including RGR Canada Inc., Smoker's Corner Ltd., Famous Brandz Inc., Canna Cabana Inc. and the majority of KushBar Inc. The company is expanding its retail footprint, and it’s already the largest legal cannabis retailer in Canada by revenue. The company has also improved its balance sheet through several transactions.
Support this podcast: https://anchor.fm/thenextmultibagger/support
I've been allocating some of my more speculative investments into these growth value stocks. I'm defining growth value as stocks that have high growth rates but are undervalued respectively to their industry average. I've talked about Corsair Gaming (CRSR) before, but I recently purchased more shares during this sell-off. I've also added a new position to Shift Technologies (SFT), as they just reported impressive quarterly earnings and increased their future guidance. Both of these stocks are under a P/S ratio of 2, and given their future outlook, I think they both serve as attractive investments here. Timestamps: 00:00 Intro 2:25 Corsair Gaming (CRSR) 4:50 Shift Technologies (SFT) 7:05 Closing
Support this podcast: https://anchor.fm/thenextmultibagger/support
Immersion (NASDAQ: IMMR) is the world leading innovator of touch feedback technology, also known as haptics. The company provides haptic technology to create immersive and realistic experiences that enhance digital interactions on mobile devices. Immersion's technologies have been adopted in more than 3 billion digital devices that, along with mobile, include automotive, gaming, medical and consumer electronics. Headquartered in San Jose, California, the company’s offices worldwide provide services/support, licensing options and software to help industry-leading electronics companies create high-quality haptic experiences. Immersion is enabling people to touch, feel and engage with the digital world, making it much more personal, vivid, and meaningful. Immersion was put on my map after learning about the haptic feedback technology going into the Ps5 DualSense controller. I was skeptical of it at first, but after trying it for myself, I'm sold. The tactile feedback was impressively responsive and immersive. I've been wanting to do a quick analysis of this stock and with their most recent quarterly earnings reported last week, I figured I'd look into it further. Timestamps: 00:00 Intro 1:08 Using the Ps5 DualSense 2:42 Company Overview 3:55 Lawsuits against Sony 4:40 Revenue by Product Category 5:02 4Q'20 Earnings 7:23 My Thoughts 9:30 Closing
Support this podcast: https://anchor.fm/thenextmultibagger/support
TransEnterix (TRXC), now rebranded as Asensus Surgical (ASXC), is a medical device company that is digitizing the interface between the surgeon and the patient to improve minimally invasive surgery by addressing the clinical and economic challenges associated with current laparoscopic and robotic options in today’s value-based healthcare environment. The Company is focused on the commercialization of the Senhance Surgical System, which digitizes laparoscopic minimally invasive surgery. The system allows for robotic precision, haptic feedback, surgeon camera control via eye sensing, and improved ergonomics while offering responsible economics.
Support this podcast: https://anchor.fm/thenextmultibagger/support
Sorry about the audio quality, it'll be fixed in the next episode* Spire Global, Inc. ("Spire" or the "Company") a leading global provider of space-based data and analytics, and NavSight Holdings Inc. ("NavSight") (NYSE: NSH), a special purpose acquisition company, today announced they have entered into a definitive merger agreement for a business combination that would result in Spire becoming a publicly listed company. Spire collects space-based data using a proprietary constellation of multi-purpose nanosatellites called LEMUR (Low Earth Multi-Use Receiver). The Company’s software analytics generate proprietary data, insights and predictive analytics for its global customers through a subscription model. Spire monetizes this information across a broad and growing number of industries including weather, aviation, maritime, and government, with global coverage and near real-time data that can be easily integrated into customer business operations. Spire is also pioneering an innovative "space-as-a-service" business model. Leveraging the Company’s fully deployed infrastructure and large-scale operation, customers can operate their own payloads on orbit through Spire’s API and can begin receiving data in less than a year and a simple subscription agreement. From Imagery to Insights: The Commercial Case for Geospatial Intelligence (http://interactive.satellitetoday.com/via/august-2020/from-imagery-to-insights-the-commercial-case-for-geospatial-intelligence/) Timestamps: 00:00 Intro 0:48 News Report 1:22 From Imagery to Insights Article 2:34 Company Overview 7:57 Financials 12:45 Closing
Support this podcast: https://anchor.fm/thenextmultibagger/support
As a follow-up to my last episode where I cover the best small-cap growth stocks to buy now, in this episode, I go over the best growth stocks growing over 100% to buy now. Every stock on this list is growing over 100% year over year, so these companies have all seen a huge acceleration in business in the past year. Some may write these stocks off due to this drastic acceleration due to the roni-rona, or that too much future growth is already priced in. Although that may be true, I believe these companies are well-positioned as leaders in growing industries and they still have significant upside in the decade to come. Timestamps: 00:00 Intro 0:39 Digital Turbine (APPS) 5:46 Etsy (ETSY) 9:53 Teladoc Health (TDOC) 13:25 Peleton (PTON) 16:53 Square (SQ) 20:14 Closing
Support this podcast: https://anchor.fm/thenextmultibagger/support
In this episode, I'm going through 5 growth stocks to buy now under $10. My friends have mentioned that they'd like to own shares of a company and while they can do so with fractional shares, they would rather pick a smaller, high-growth stock that they can have multiple shares of. This list of growth stocks is a compilation of exciting small-cap growth stocks that I'm looking to buy. So, I've done the research and I'll share with you my findings, analysis, and opinions on each company. In this episode, I go over a wide range of companies ranging from MJ, to plant-based meat, to bioplastics, to critical communications. These are the stocks I'm looking to buy now under $10.
Timestamps: 00:00 Intro 0:19 Planet 13 (PLNHF) 3:18 Jushi Holdings (JUSHF) 4:55 Very Good Food Company Inc. (VRYYF) 6:54 Good Natured Products Inc. (SLGBF) 8:33 Genasys (GNSS) 10:15 Closing
Support this podcast: https://anchor.fm/thenextmultibagger/support
Joby Aviation is a California-based venture-backed aerospace company, developing an eVTOL aircraft that it intends to operate as an air taxi service. Joby, which is backed by Toyota and recently acquired Uber’s flying taxi division, is merging with Reinvent Technology Partners, a “blank check” company run by LinkedIn co-founder Reid Hoffman and Zynga founder Mark Pincus. The new company, which will have a post-money valuation of $6.6 billion, will be listed on the New York Stock Exchange.
Support this podcast: https://anchor.fm/thenextmultibagger/support
While in the past year it's easy to feel that stocks only go up, the past two days have been a reminder that selling can pick up quickly. It is important to have a strategy and gameplan when these sell-offs do happen, as making emotional decisions under duress is not a viable way to invest. Let's hear from two successful investors (Peter Lynch and Cathie Wood) on volatility and their approach to taking advantage of it.
Support this podcast: https://anchor.fm/thenextmultibagger/support
If you've been following the podcast for a while, you know that I've covered Lucid Motors and CCIV extensively. Well today, February 22nd, 2021, Lucid Motors announced that they are going through with the proposed merger with Churchill Capital Corp IV. It's been a long time coming. But what's with this huge 30% sell-off in after hours? Let's talk about it. CCIV and Lucid are combining at a transaction equity value of $11.75 billion. The transaction includes an approximately $2.1 billion cash contribution by CCIV and a $2.5 billion, fully committed PIPE with an investor lock-up provision that binds holders well beyond closing. The PIPE is priced at $15.00 per share (a 50% premium to CCIV’s net asset value) with an implied pro forma equity value of $24 billion.
Support this podcast: https://anchor.fm/thenextmultibagger/support
BarkBox is a monthly subscription service providing dog products, services, and experiences. BARK serves over 1 million dogs monthly through BarkBox and Super Chewer subscriptions and retail distribution. Executive Chairman Matt Meeker, Henrik Werdelin and Carly Strife founded BarkBox (NYSE: BARK) in 2012. Headquartered in New York City, BarkBox is a subscription service for dogs. It provides toys, treats, home products and health services. BarkBox has 6.5 million customers, 1.1 million active subscriptions and 8.5 million followers on social media platforms. The company has five product lines and has 23,000 retail outlets carrying its products. They include Target, Petco and Costco. BarkBox sees itself as a global industry leader and devoted to being the most dog-centric company possible. And now that a BarkBox is public, the company has an opportunity to expand even further. But first, let’s look at what the company has to offer.
Support this podcast: https://anchor.fm/thenextmultibagger/support
I want to clarify that they don't have $1.7B committed, it's their pipeline of opportunities.*
BlackSky Holdings, Inc. (“BlackSky”), a leading provider of real-time geospatial intelligence and global monitoring services, and Osprey Technology Acquisition Corp. (“Osprey”) (NYSE: SFTW), a special purpose acquisition company, today announced they have entered into a definitive agreement for a business combination that would result in BlackSky becoming a publicly listed company. It is anticipated that the post-closing company, BlackSky will be listed on the NYSE with the ticker symbol “BKSY”.
Founded in 2014, BlackSky is a first mover in real-time Earth observation leveraging the innovative performance and economics of small satellite constellations to deliver high revisit global monitoring solutions. BlackSky’s Artificial Intelligence/Machine Learning powered analytics platform derives unique insights from its constellation as well as a variety of space, IoT, and terrestrial based sensors and data feeds. BlackSky monitors global events and activities providing enhanced situational awareness for commercial and government customers worldwide.
Support this podcast: https://anchor.fm/thenextmultibagger/support
ExOne delivers powerful 3D printers that solve the toughest problems and enable world-changing innovations. "For more than 20 years, ExOne has been the global leader in industrial 3D printing systems using binder jetting technology. Our machines 3D print powder particles — whether that's metal, sand, ceramics or another material — into molds, cores, sacrificial tooling and final end-use parts. In fact, our binder jet 3D printers are among the most researched in the world, cited in more than 95 peer-reviewed technical and scientific articles. Companies in a wide variety of industries use ExOne 3D printers, from aerospace and automotive to energy and defense."
Support this podcast: https://anchor.fm/thenextmultibagger/support
Peloton (PTON) is the largest interactive fitness platform in the world with a loyal community of more than 2.6 million members. The company pioneered connected, technology-enabled fitness, and the streaming of immersive, instructor-led boutique classes for its Members anytime, anywhere. Peloton makes fitness entertaining, approachable, effective, and convenient while fostering social connections that encourage its Members to be the best versions of themselves. An innovator at the nexus of fitness, technology, and media, Peloton has reinvented the fitness industry by developing a first-of-its-kind subscription platform that seamlessly combines the best equipment, proprietary networked software, and world-class streaming digital fitness and wellness content, creating a product that its Members love.
Support this podcast: https://anchor.fm/thenextmultibagger/support
Jushi Holdings Inc. (Follow Company) is a vertically integrated multi-state cannabis and hemp operator across the United States. The globally-focused company operates a diverse portfolio of branded cannabis and hemp-derived assets, built upon opportunistic acquisitions, distressed deals and competitive applications. Operating under the Jushi umbrella is the BEYOND / HELLO retail brand of cannabis dispensaries, hemp-based CBD brand, Nira, and the soon to be introduction of a comprehensive suite of brands, including its award-winning brands, ‘The Lab: Concentrates’ and “The Bank: Flower + Genetics,’ as well as its precision formulated line of medical cannabis products ‘Nira Plus’. Jushi strives to maximize shareholder value while delivering high premium products across all levels of the cannabis and hemp ecosystem.
Support this podcast: https://anchor.fm/thenextmultibagger/support
Venture capital-backed real estate technology firm Matterport will merge with a blank-check company and go public in a deal that values the startup at $2.3 billion. Matterport, a spatial data firm that makes software for virtual property tours, will merge with a special purpose acquisition company (SPAC) led by billionaire investor Alec Gores. Matterport (GHVI) is the leading spatial data company focused on digitizing and indexing the built world. Their all-in-one 3D data platform enables anyone to turn a space into an accurate and immersive digital twin that can be used to design, build, operate, promote, and understand any space. Matterport makes it easy and fast to create immersive 3D digital twins ideal for back-to-work planning, listing or appraising properties, documenting makeover projects, and more.
Support this podcast: https://anchor.fm/thenextmultibagger/support
So we all know about Ark Invest and their philosophy of disruptive innovation. But do you know the process behind picking these disruptive innovators? I thought I did until I looked into it further. Whether you consider yourself a value/dividend/growth stock investor, it's important to consistently tweak and better your investment process. The only constant in life is change, so it's important to adapt to the times and make changes accordingly. In this episode, I'll break down Ark's investment process and how to capture long-term growth through disruptive innovation. Disclaimer, I am not affiliated with Ark and the information in this episode is not representative of their views.
Support this podcast: https://anchor.fm/thenextmultibagger/support
The gig economy-powered consumer edtech platform is going public via SPAC merger with TPG Pace Tech Opportunities (NYSE: PACE). Nerdy’s flagship business, Varsity Tutors, is a two-sided marketplace that matches tutors to students in large, small or 1:1 group environments. The learning platform covers more than 3,000 subjects. Like other edtech companies, Varsity Tutors uses artificial intelligence and data analytics to better match experts to learners.
Support this podcast: https://anchor.fm/thenextmultibagger/support
Finding stocks to buy in a frothy market is always difficult, so I'm always on the search for good long term investments. I'm excited to be building a position in each of these stocks, as I really like their positioning in their respective industry. I think they're all leaders in their field, and think they have a long runway for success in the next decade. In this episode, I break down the 3 stocks I'm buying in February 2021.
Support this podcast: https://anchor.fm/thenextmultibagger/support
This episode is for those of you who are just starting to invest in the stock market and are looking to start individual stock picking. Just 33% of millennials say that they own stocks, and in my personal experience, I have many friends and family members that aren't invested. Unfortunately, financial education isn't taught in public school; however, it's one of the most important subjects to learn in one's early stages in life. So instead, here I am talking on the internet, sharing what I've learned from the past 5 years of being investing in the stock market, in the hopes to motivate you to start investing yourself. In this episode, I go over the basics of picking individual stocks, and how you can get started today.
Support this podcast: https://anchor.fm/thenextmultibagger/support
This episode is for those of you who haven't or are just starting to invest in the stock market. Just 33% of millennials say that they own stocks, and in my personal experience, I have many friends and family members that aren't invested. I hate that financial education isn't taught in public school as to me, it's one of the most important subjects to learn in one's early stages in life. So instead, here I am talking on the internet, sharing what I've learned from the past 5 years of being investing in the stock market, in the hopes to motivate you to start investing yourself. In this episode, I go over the basics of stock market investing, and how you can get started today.
Support this podcast: https://anchor.fm/thenextmultibagger/support
"Faraday Future (FF) is a California-based global shared intelligent mobility ecosystem. Established in May 2014, the company is headquartered in Los Angeles along with its R&D Center and Futurist Testing Lab, and has offices in Silicon Valley, Beijing, Shanghai, and Chengdu. FF is poised to break the boundaries between the Internet, IT, creative, and auto industries with product and service offerings that integrate new energy, AI, Internet, and sharing models. FF's vision is to create a shared intelligent mobility ecosystem that empowers everyone to move, connect, breathe and live freely. FF 91 is our first production vehicle and flagship model. All-electric, autonomous-ready and seamlessly connected, it embodies our latest mobility advancements in performance, intelligence, and user experience. This is the reason why we gave FF 91 a future-forward design that visually sets it apart from anything else on the road." Faraday Future has a rough past, but is now getting a shot at redemption. Property Solutions (PSAC) confirmed on Thursday what had been rumored for a few weeks: It's merging with Faraday Future in a deal that will take the long-struggling electric-car start-up public by the end of June. Let's discuss what Faraday Future is all about, and what I plan on doing with the stock.
Support this podcast: https://anchor.fm/thenextmultibagger/support
Let's celebrate Hims & Her (HIMS) shareholders. Cathie Wood came in clutch to stop the sell-off which put Hims back near its ATH. I originally talked about Hims & Hers in my Best Stocks To Buy in 2021 episode; however, after this news, I wanted to make a dedicated video on the topic. Hims, Inc. is a telemedicine company that operates Hims and Hers, which sell men's and women's personal care products. Hims, Inc. was founded in 2017 with the launch of Hims, and Hers was launched in 2018. In January 2019, Hims became the second-fastest startup to become a so-called "unicorn" after Bird. Hims and hers offer a modern approach to health and wellness. Their mission is to eliminate stigmas and make it easier for people to access care and treatment for the conditions that impact their daily lives. That starts with creating an open and honest culture of care that is accessible for everyone, no matter who you are or where you live. Since launching in November 2017, they’ve raised over $200MM in funding and are one of the fastest-growing direct-to-consumer brands in history.
Support this podcast: https://anchor.fm/thenextmultibagger/support
ARK seeks to gain a deeper understanding of the convergence, market potential, and long-term impact of disruptive innovation by researching a global universe that spans sectors, industries, and markets. Today, we are witnessing an acceleration in new technological breakthroughs. To enlighten investors on the impact of these breakthroughs and the opportunities they should create, we began publishing Big Ideas in 2017. This annual research report seeks to highlight the latest developments in innovation and offers some of our most provocative research conclusions for the coming year. I originally intended to break down Ark Invest’s 2021 Big Ideas myself, but after listening to this interview of Cathie Wood on ETF trends, I thought it would be best for you to hear it from her. This is unlike my other episodes but I thought this presentation was informative and I wanted to share it for you guys to see. She briefly goes over the 15 top innovative fields to watch in 2021. The team at Ark did a great job in their detailed analysis, which you can find here: https://ark-invest.com/big-ideas-2021/ Credit to Etf Trends for the interview: https://www.etftrends.com/webcasts/big-ideas-2021-technological-breakthroughs-investors-shouldnt-miss/
Support this podcast: https://anchor.fm/thenextmultibagger/support
Wall Street Bets has taken the financial world by storm, by amassing a storm of short squeezes against notable hedge fund managers. With a community of over 2 million people, Wall Street Bets has pumped the price for certain stocks, most notably Gamestop (GME) to parabolic heights. This is a win for the individual investor and a clear sign that they shouldn't be underestimated. This has been amazing to watch and it will definitely go down in financial history. How will it end? Who really knows.. but all I know is that I would hate to be short these stocks. Sorry (not sorry) Andrew Left.
Support this podcast: https://anchor.fm/thenextmultibagger/support
MP Materials' (MP) mission is to restore the full rare earth supply chain to the United States of America. MP Materials owns and operates Mountain Pass, the only integrated rare earth mining and processing site in North America. Today, China dominates the rare earth industry, producing over 80% of global supply. Having a single country as a potential point-of-failure in the industrial supply chain for trillions of dollars in GDP is untenable, and MP Materials provides a straightforward solution. Mountain Pass is blessed with one of the world’s highest quality deposits of rare earths, which allows MP Materials to be a global low-cost producer while adhering to our rigorous environmental standards and fulfilling our commitments to employees and our community.
Support this podcast: https://anchor.fm/thenextmultibagger/support
The pandemic has drastically changed the world as we know it and have both accelerated and decimated whole industries. It's important to both understand and prepare for the permanent changes that have been made. Some industries have benefitted greatly from these changes, making them attractive investment opportunities moving further into 2021. In this episode, I give an update on my portfolio, as well as discuss the high-growth industries that have benefitted from this pandemic as well as a Biden administration.
Support this podcast: https://anchor.fm/thenextmultibagger/support
Genius Sports Group is the official data, technology, and commercial partner that powers the global ecosystem connecting sports, betting, and media. They are a global leader in digital sports content, technology, and integrity services. Their technology is used in over 150 countries worldwide, empowering sports to capture, manage and distribute their live data and video, driving their digital transformation and enhancing their relationships with fans. Genius Sports is the trusted partner to over 500 sports organizations globally, including many of the world’s largest leagues and federations such as the NBA, Premier League, FIBA, NCAA, and PGA Tour.
Support this podcast: https://anchor.fm/thenextmultibagger/support
The potential for genomic stocks could be massive, according to Wood, who foresees a combination of artificial intelligence and gene editing allowing scientists to anticipate and cure diseases like sickle cell disease and diabetes."The biggest upside surprises are going to come from the genomic space, and that's because the convergence of DNA sequencing, artificial intelligence, and gene therapies are going to cure disease," Wood said. "We actually think the next 'FANG' [stocks] are in the genomic age." Precision BioSciences is a clinical-stage biotechnology company dedicated to improving life (DTIL) with its novel and proprietary ARCUS® genome editing platform. ARCUS is a highly specific, versatile platform designed with therapeutic safety, delivery, and control in mind. Using ARCUS, Precision is developing allogeneic CAR T and in vivo gene correction therapies for cancer and infectious diseases. I’ve been increasingly interested in learning more about the genomic industry. After Cathie Wood’s bullish call and increased investment in this industry, I figured it's time for me to do some research myself. In this video I break down Precision Biosciences (DTIL) and why I think it could be a good pick in this space.
Support this podcast: https://anchor.fm/thenextmultibagger/support
2020 has seen an acceleration of many digital trends, e-commerce being the poster child of this phenomenon. With stores closed, consumers have had no choice but to order online. In fact, according to data from IBM, 2020 has accelerated the shift to e-commerce by five years. Not only have people been changing where they buy their goods, but also how they pay for those goods. The latest trend sweeping the e-commerce industry is known as "buy now, pay later," which is exactly what it sounds like. Unlike credit cards, shoppers using buy now, pay later can create payment plans for specific items, and in many cases, they do not have to worry about interest expense. This is a huge win for consumers by providing yet another way to pay for goods and services. In this video, I break down Affirm (AFRM), Afterpay (AFTPY), and Katapult (FSRV), and my pick for the best investment in the buy now, pay later space.
Support this podcast: https://anchor.fm/thenextmultibagger/support
Mental illness is on a drastic rise, and it's being fueled by the current pandemic. Youth suicides and mental health disorders are increasingly becoming a national health emergency that needs to be addressed and fixed. Although there aren’t many current solutions, therapy has become one of the leading answers to combat this disease. Talkspace is an online text therapy platform that offers access to therapists who cover a broad range of mental health services. Talkspace has quickly become one of the leading platforms offering a comprehensive suite of virtual therapy solutions. I truly believe mental illness is one of the biggest health challenges that we will face in the next few decades. Due to this, I want to look into some of the leading companies tackling this problem. I believe Talkspace is well-positioned to become the market leader in this industry and to really make a real difference to those who need it.
Support this podcast: https://anchor.fm/thenextmultibagger/support
We’re already 2 weeks into 2021 and I’ve already bought 3 stocks for my portfolio. Now there are many different ways of investing, from choosing ETFs and Mutual Funds, dividend-paying stocks, all the way to growth assets. My investment strategy is focused on growth stocks, primarily in technology as I aim to stay within my circle of competence. The 3 stocks I bought are all growing rapidly, in exciting industries, and are still in the early innings of their growth cycle. I break down my picks and show you my purchases while disclosing part of my portfolio. This is a new format, so let me know what you guys think of it! I welcome feedback and ideas on how I can make this channel better. Thanks for watching guys.
Support this podcast: https://anchor.fm/thenextmultibagger/support
On Monday, January 11, 2021, luxury electric vehicle maker Lucid Motors was reported to be in talks to go public through a merger with one of Michael Klein’s special purpose acquisition companies. A transaction could be valued at up to $15 billion, the people said, asking not to be identified because the matter is private. Lucid, which is backed by Saudi Arabia’s sovereign wealth fund, is working with financial advisers, the people added. The Lucid Air is over a decade in the making. Founded as Atieva in 2007, the company got its start making high-performance batteries for all the Formula E racing teams. It changed its name to Lucid Motors in 2016 with the promise to make a midsized sedan that feels like a massive, roomy flagship vehicle. The Lucid Air boasts 517 miles of range, 0-60 mph in 2.5 seconds, a quarter-mile in 9.9 seconds, and a price range of around $80,000-$169,000.
Support this podcast: https://anchor.fm/thenextmultibagger/support
Jumia has seen an amazing run in 2020 as it's up 530% YTD as of January 7th, 2020. Many people coin Jumia as "The Amazon of Africa", but does that justify its current valuation today? I think so, but there are a few red flags that have kept me from investing so far. After this 20% pull-back from ATH however, I'm looking to build a small position. Let's discuss why.
Jumia Technologies operates an e-commerce platform in Africa. The company's platform consists of a marketplace, which connects sellers with consumers; logistics service that enables the shipment and delivery of packages from sellers to consumers; and payment service, which facilitates transactions to participants active on the company's platform in selected markets. Its marketplace offers various products in a range of categories, as well as access to various services, such as restaurant food delivery, hotel and flight booking, classified advertising, airtime recharge, and instant delivery.
Support this podcast: https://anchor.fm/thenextmultibagger/support
On January 7th, 2021, fintech start-up SoFi (IPOE) announced that they are going public via SPAC backed by Chamath Palihapitiya.
SoFi’s mission is to help people achieve financial independence by getting their money right, providing access to a comprehensive suite of services in a single app that empowers members to borrow, save, spend, invest and protect their money. SoFi’s one-stop shop, multi-product strategy, and leading technology platform, Galileo, place the company at the epicenter of the digital revolution in financial services.
I've been interested in investing in Sofi for a while now. Rumors were spreading last year that Sofi was looking to go public, and upon hearing that Chamath was taking it public I knew I had to look into it as a potential investment. So let's take a deep look into what Sofi is all about, and if it's a good buy today.
Support this podcast: https://anchor.fm/thenextmultibagger/support
Fubo Tv shareholders have been on a wild ride this past month as its seen the stock rise from $26 to an all-time high of $62. This was primarily driven by analyst upgrades, most notably from Needham's Laura Martin giving Fubo a price target of $60. Not only a day later, Lightshed's Rich Greenfield came out with a short report with a price target of $8. Shortly after, a few other downgrades came out sending this stock crashing to below the price when Martin gave it an upgrade.
So is Fubo Tv stock a buy today? After this recent selloff, it looks really attractive. On Tuesday, Jan 5, 2020, Fubo Tv just announced its preliminary results for Q4. It exceeded expectations and the stock saw a drastic bounce of 20% from its lows of $24. Let's discuss what Fubo Tv is all about, its future potential, and what I plan on doing with the stock.
Support this podcast: https://anchor.fm/thenextmultibagger/support
Nio, XPeng, and Li Auto all reported their December Deliveries last weekend. These Chinese electric-vehicle makers ended the year on a high note: Nio, XPeng and Li Auto reported record December deliveries. All these Chinese EV stocks rose by the closing bell due to strong 100%+ growth in vehicle deliveries.
In this episode, I'll be breaking down Nio, Xpeng, and Li Auto's December delivery numbers, and discussing what I plan on doing with these stocks moving forward. These stocks are seeing robust growth and I believe they are well-positioned to continue exceeding delivery targets in the near future.
Support this podcast: https://anchor.fm/thenextmultibagger/support
2020 was a wild ride for the stock market as it ended the year at a record high, to which many wouldn't have believed it could achieve in the March lows of this year. If this year has taught me anything, is that time in the market beats timing the market.
I'm looking forward to what 2021 has to offer. After watching these stocks perform this year, I'm hoping to start building (or adding to) a position in the companies I'm talking about today.
I'd love to hear about some of the stocks you guys are looking to buy in 2021. You can let me know in the comment section down below. Have a Happy New Year and stay safe guys.
Support this podcast: https://anchor.fm/thenextmultibagger/support
2020 was a wild ride for the stock market as it ended the year at a record high, to which many wouldn't have believed it could achieve in the March lows of this year. If this year has taught me anything, is that time in the market beats timing the market.
I'm looking forward to what 2021 has to offer. After watching these stocks perform this year, I'm hoping to start building (or adding to) a position in the companies I'm talking about today. Have a Happy New Year and stay safe guys!
Support this podcast: https://anchor.fm/thenextmultibagger/support
Palantir is a software company that builds the world’s leading platforms for data-driven operations and decision-making, Palantir Gotham, and Palantir Foundry. They develop long-term partnerships with organizations, working together to help them realize the value in their data, and transform how they operate.
Palantir can best be summed up as a big data analytics company. The company’s technology gathers data from various sources and analyzes it to help users—often government agencies—make sense of the data and make decisions.
Support this podcast: https://anchor.fm/thenextmultibagger/support
Shares of Unity Software (NYSE: U), a leading platform to create and monetize interactive games, have more than doubled after the company went public at $68.88 per share. While optimism surrounding tech stocks has definitely helped, investors are also clearly excited about Unity's prospects.
In this episode, I'll be breaking down Unity, its products, financials, risk factors, and long-term prospects. Is Unity still a buy today? It is priced very high, but that's not for no reason at all. Let's dive into what Unity is all about.
Unity is the world’s leading platform for creating and operating interactive, real-time 3D (RT3D) content. Creators, ranging from game developers and architects to automotive designers, filmmakers, and more, use Unity to make their creations come to life. Unity’s platform provides a comprehensive set of software solutions to create, run and monetize interactive, real-time 2D and 3D content for mobile phones, tablets, PCs, consoles, and augmented and virtual reality devices.
Support this podcast: https://anchor.fm/thenextmultibagger/support
Ever wonder how you were able to get matched on Tinder? Or how you were able to get connected with your uber driver? Well that’s all powered by a little company called Elastic. Elastic is powering the search that connects us in this digital age.
Elastic (ESTC) is a search company. As the creators of the Elastic Stack (Elasticsearch, Kibana, Beats, and Logstash), Elastic builds self-managed and SaaS offerings that make data usable in real-time and at scale for use cases like application search, site search, enterprise search, logging, APM, metrics, security, business analytics, and many more. Thousands of organizations worldwide use Elastic to power mission-critical systems.
Elastic is an open source search technology implemented in use cases such as application search, site search, enterprise search, logging, infrastructure monitoring, application performance management (APM), security analytics (also used to augment SIEM applications), and business analytics. The Elasticsearch meetup community totals more than 100,000 members. Elastic is publicly traded on the NYSE under the symbol ESTC.
Support this podcast: https://anchor.fm/thenextmultibagger/support
2020 has been one of the strangest but most rewarding years in the stock market. Remarkably, the Nasdaq composite is up over 40% year to date. Those are pretty impressive returns but that pales in comparison to some of these high-flying tech stocks. In this episode, I want to take a look back in 2020 and go over the best performing tech stocks of the year. Let's run through the best winners year to date in the tech sector, break down what drove them to multi-bagger status, and discuss if they're poised to continue to do well in 2021.
I believe all businesses are becoming more of a technology company, as technology solutions are becoming a necessity in this digital age. I’m always looking to invest in the next big disruptive innovation that has the ability to change an industry. Fueled by the pandemic, these companies have seen an acceleration in their business. Are these prices still justified? After their insane run-up, it's hard to say; however, all the companies I talked about today are still small to mid-cap companies. They still have some room to grow as long as they continue to execute on their business strategy. I believe 2021 could be another great year for these high flying tech stocks.
Support this podcast: https://anchor.fm/thenextmultibagger/support
Digital Turbine (APPS) stock just hit its all-time high today at $53.80 and has been one of my best-performing growth stocks of 2020. This has been an amazing run as it hit its 52-week low of $3.48 just earlier this year in March. If you bought it at its lows, you’d have over a 10x on your initial investment.
So what’s been driving this incredible rally in APPS stock? How much further can APPS run? And is it still a buy now? In today’s episode, I’ll be answering these questions and what I’ll be doing moving forward.
Digital Turbine (APPS) simplifies content discovery and delivers it directly to the device. Its on device media platform powers frictionless app and content discovery, user acquisition and engagement, operational efficiency and monetization opportunities. Digital Turbine's technology platform has been adopted by more than 40 mobile operators and OEMs, and has delivered more than three billion app preloads for tens of thousands advertising campaigns.
Digital Turbine delivers a mobile services platform that works with mobile operators and third-party publishers to provide portal management, user interface, content development and billing technology that enables the responsible distribution of mobile entertainment.
Support this podcast: https://anchor.fm/thenextmultibagger/support
The Next Multibagger Intro
Support this podcast: https://anchor.fm/thenextmultibagger/support
WM Holding Company could be the best pure technology play in this fast-growing industry. On December 10th, 2020, SPAC SSPK announced it was going to bring cannabis technology platform company WM Holding Company (WMH) public through a merger that will allow it to trade on the Nasdaq Stock Exchange. Unlike traditional companies in this space, it can trade on the Nasdaq unlike the OTC markets because it does not handle the goods itself.
Growers and producers typically face heavy fines, strict regulations, and low margins resulting in a volatile and risky investment. WM Holdings (WMH) is a technology and software company that serves as the technology backbone for many businesses. Weedmaps gives customers the information and tools to find cannabis brands, delivery services, dispensary storefronts, deals and medical marijuana doctors wherever they are.
The company was founded in 2008 with a strong belief in the power of cannabis and the importance of enabling safe, legal access to consumers worldwide. Since then, WMH has become the most comprehensive platform for consumers and building software solutions that power businesses compliantly in the space. WMH’s mission is to power a transparent and inclusive global cannabis economy.
Spacs have been taking off this year posting incredible gains and have become the the trendiest IPO route to take. Spacs, or special purpose acquisition companies, are formed to raise money through an initial public offering to buy another company. It feels like a new spac comes out other every day, and it's hard to keep up with and filter through them all. If you've been missing out on them this year, don't worry, today we'll be breaking down what I think could be one of the best SPACs of 2020. In this episode, we are going to be analyzing Weedmaps (SSPK), and will be breaking down if it's a great buy today.
Support this podcast: https://anchor.fm/thenextmultibagger/support
After Xpeng's IPO on August 27, 2020, of 99.7 million shares for $15, we witnessed an insane run-up to an all-time high of $74.49 on November 23. As of today (December 10th), Xpeng's stock stands at $43.55, a drastic fall from grace only a month prior. In today's episode, we are going to be discussing Xpeng, what's affecting its stock price, and why I think it's a great investment for the long term. Headquartered in Guangzhou, Xpeng Motors is one of China’s leading smart electric vehicle (“EV”) companies. Xpeng designs, develops, manufactures, and markets smart EVs that are seamlessly integrated with advanced Internet, AI and autonomous driving technologies. Their mission is to transform smart electric vehicles with technology and data, shaping the mobility experience of the future.
Support this podcast: https://anchor.fm/thenextmultibagger/support
2020 has seen amazing returns on IPO's and C3.AI could be the next to take off. C3.AI (ticker: AI) will hit the public market tomorrow, December 9th, 2020. Redwood City, California-based C3.ai was founded to develop a suite of machine learning software capabilities to help businesses make better decisions and optimize their operations and strategic activities. The proven C3 AI Suite provides comprehensive services to build enterprise-scale AI applications more efficiently and cost-effectively than alternative approaches. Join us for a deep dive into C3.AI and our take on it as a potential investment.
Support this podcast: https://anchor.fm/thenextmultibagger/support