Perks of joining UNRIVALED INVESTING JOURNEY: 1. New Potential Multi-Bagger Each Month, 2. My full portfolio break-down at the start of each month, 3. Discord Community of like-minded investors 4. Exclusive content! docs.google.com/spreadsheets/d/184N4ocJes2BFfiixRf_cANsl6Tf-Y_Nekv0bdKU6z9Q/edit?usp=sharing
One thing about these tech companies that I want to point out is that the COGS number and Gross Margin are usually meaningless. This is just due to the fact that the company can only account for COGS when they can easily link directly the expense to the cost of revenue. In tech companies, the heaviest cost is the human (engineers, PM, QA, etc) can't easily link to any revenue transaction, hence this cost will always be treated as period cost. Hence, just look at the gross margin of 90% and assume the company has an insanely profitable product is not accurate, SG&A cost needs to be considered as well, our hope is that the SG&A to scale up slower than the revenue (which is not the case here for Gitlab since they are also heavily investing in their tech as you mentioned).
Not trying to be a jerk . But has any one of your videos been an unrivaled stock which you picked at the end of the video ?.. I know it depends on what #'s are plugged in
Not a jerk! I cover a lot of companies so it's a fair question. I've actually called out a few stocks I own. For example, Alibaba, NVCR, & Square (to name a few). I also recently covered CNQ (4x earnings), which I haven't bought but am thinking about. JOURNEY subscribers will find out the details of what I do pull the triggers on however.
Thanks for the analysis. 60 times sales is certainly spicy. Any discussion of management and their track record in the past? I’m more comfortable in Jfrog right now and the market cap is a more friendly 3 billion. Both companies are losing money, but Jfrog seems more likely to be acquired due to the price. Long the FROG.
They basically provide a "continuous integration" solution. This means they streamline the process of hosting source code, automatically building and deploying it to servers, keeping track of bugs, providing a space to keep documentation about the application, ... It allows to simplify the whole process that precedes having a running application. And they provide it all in a nice user interface.
@@danielfchen8895 No it is not. So, making an web application for example has a lot of other steps than writing the actual code. If you do this in a professional way and your application is complex not just a couple of guys coding in a dorm room, you will go through SDLC - Software Delivery Lifecycle. That is what Gitlab does in a nutshell, it has something for every step in SDLC and can automate the entire process.
