Over a decade in enterprise software taught me how these businesses actually work. Here's the watchlist, with the fundamentals and the charts that matter.
Good read - I personally like DDOG and CRWD although both valuations are a little stretched now in my opinion. Outside of those, I'm keeping my eye on PCOR but mgmt turnover has me cautious.
Thanks for the comment! PCOR is interesting, strong earnings and steady sales. The stock just has a ton of overhead supply, being that it’s been trading sideways for about 4 years.
It may be asking a lot - but I’d like Procore more if it could get to the high 70’s and get above it’s 200 day moving average.
They’re also in my backyard here in Austin so I’m rooting for them!
Great article. Thank you!
Good read - I personally like DDOG and CRWD although both valuations are a little stretched now in my opinion. Outside of those, I'm keeping my eye on PCOR but mgmt turnover has me cautious.
Thanks for the comment! PCOR is interesting, strong earnings and steady sales. The stock just has a ton of overhead supply, being that it’s been trading sideways for about 4 years.
It may be asking a lot - but I’d like Procore more if it could get to the high 70’s and get above it’s 200 day moving average.
They’re also in my backyard here in Austin so I’m rooting for them!