3/20/25 - $glob - I'm back mid 120s3/20/25 :: VROCKSTAR :: NYSE:GLOB
I'm back mid 120s
- sub 20x pe
- AI integrator
- down on NYSE:ACN results
- ex M&A capex, you're pretty close to 3.5% yield, probably growth understated
- going much slower than the initial move i made (which admittedly i feel lucky to have exited monday at a gain)
- i'd like to rent this out, confident in product, mgmt
- but wouldn't be surprised to see this give back another 10 or 15% in this tape that's eschewing stuff like this
- i can rent 2 mo out calls for about 9% today, which tells me i'm already in decent buy territory
- copy/pasting my private-to-myself comment so you don't need to squint (from late feb)
V
2/25/25 - note to myself (that u see on chart)
- good LT "money" already
- but there are better names out there
- weak on follow up day not ideal, might rally further but still like other names more (e.g. NXT which have better mgns, growth, cash, beat/raising no overhangs and substantially cheaper) and wouldn't have conviction to keep it... and would need to recycle/ reinvest capital (there's always risk there bc risk capital is scarce)
- i think if you go sub 20x on $7 of EPS (looking ahead b/c that's a light #) would be $140 and lower, you start to get toward 3% yield. if we'd get closer to 15x on $7, i'd guess that's a wholesale capitulation and probably unlikely tbh (maybe we like other stuff there too). but mid $130s is worth a LT punt for 1-2% size and keep/ rent yield (calls)
