Quarterly earnings writeups for ASPN, META, SMCI and UBER
Paid subscribers to Jonah’s Growth Stock Deep Dives receive 2+ deep dives per month (8,000+ words) and 2+ mini deep dives per month (2,000+ words) plus access to my current investment portfolio (up +58% in 2024, up +134% in 2023 and up +1,580% since January 2020) plus my investment models and daily webcasts.
As of today, 9 of my investment portfolio companies have reported earnings — most of them are reporting for 2023 Q4 however a few are on different fiscal years and therefore are reporting FY2024 numbers ie SMCI which reported FY2024 Q4 numbers a couple weeks ago.
My investment strategy is to own 20-30 of the best growth stocks with the best fundamentals at the most reasonable valuations — if the fundamentals begin to disappoint or the valuation no longer looks compelling then I’m trimming or selling my position. I don’t own stocks, I rent them, and I keep renting them as long as the fundamentals still look good, the valuation still looks good and my investment thesis still looks good. I want stocks that have at least 50% upside within 1-2 years and at least 100% upside within 3-4 years. If I buy stocks that are too expensive or the fundamentals aren’t good enough or my investment thesis is weak — I’ll never hit my investment targets.
I already did a detailed earnings analysis for SMCI on January 29th which you can read here…
In case you have not been paying attention, SMCI is now up +172% YTD which is certainly contributing to my 58% YTD performance.