jlm278's posts

8 posts found


  By: jlm278 on April 6, 2023, 1:36 a.m.

Short Thesis

-        Commoditized SMB cloud provider selling into speculative pockets of tech trading at lofty EV/GP despite core business going ex-growth

o   Commoditized product

§  Vast ma…

VeriSign Inc (VRSN)

  By: jlm278 on Nov. 18, 2020, 8:04 p.m.

Verisign (VRSN) is a regulated monopoly with accelerating organic growth, operating leverage and structural tailwinds from increased demand post-COVID for digital presence, but has lagged market YTD given lack of investor appetite for GARP-y names w…

Re: Business Strategy Analysis - A Fresh Take

  By: jlm278 on June 28, 2020, 11:43 p.m.

Other Winners





Re: What is going on?

  By: jlm278 on June 9, 2020, 11:52 p.m.

Frankly it doesn't make any sense but that doesn't mean it can't stay irrational for longer. The one thing I'll say about this rally is that it institutional and "smart money" sentiment has been a contra indicator at each turn. Heading into April se…

Watchlist amidst sell-off

  By: jlm278 on March 23, 2020, 7:35 p.m.

Following sell-off wanted to share a list of the very high quality names I'm watching amidst downturn. Pls respond with thoughts or additions:

  • FB
  • INTU
  • CSCO
  • ODFL
  • TXN
  • NXPI
  • MA
  • V
  • CPRT
  • ROP
  • NKE
  • ROL
  • SBUX
  • DIS
  • GS
  • JPM
  • ADBE
  • CRM
  • STMN
  • MSFT

Long Expedia, Short TripAdvisor (EXPE/TRIP)

  By: jlm278 on March 3, 2020, 7:52 p.m.

Recommendation: Long EXPE/Short TRIP
I am recommending initiating a long position in Expedia (EXPE) at $95 and shorting TripAdvisor (TRIP) at $23.45. Shares of the two online travel companies are trading near parity despite TRIP’s outsized sen…

Frontdoor (FTDR)

  By: jlm278 on Feb. 11, 2020, 7:58 p.m.

**Thesis**: frontdoor offers investors the opportunity to buy a high-growth compounder at a compelling valuation. Our variant perception is that 1) its CEO is an underappreciated leader with a skill-set uniquely suited for two-sided consumer marketp…

GoDaddy (GDDY)

  By: jlm278 on Feb. 4, 2020, 8:05 p.m.

****Summary**** I am recommending going long GoDaddy (GDDY) with a $106 2021 price target, which offers 53% upside and a 23% IRR. The company has emerged as a leader in web services, boasting nearly 20 million subscribers paying an average of $160/y…