Anything stick out to anyone?
Ticker YTD Gain Rev Growth PS Ratio
SQ 59% 47% 21.9
OKTA 53% 59% 15.2
WIX 46% 41% 9.2
AYX 45% 55% 16.5
SHOP 44% 71% 22.6
ZEN 42% 39% 11.6
PAYC 38% 30% 15.1
MDB 37% 50% 13.1
VEEV 36% 23% 16.9
NEWR 34% 35% 12.9
HUBS 33% 39% 11.7
INST 32% 39% 8.3
TLND 31% 36% 9.7
SPLK 28% 37% 11.8
TEAM 26% 43% 18.0
**HDP 0% 44% 5.5**
That’s right. Not only is Hortonworks (HDP) the only company on this list (of cloud companies) whose stock hasn’t appreciated AT ALL in 2018, it’s also (at least by PS ratio), the least expensive, and its revenues grew faster than all but 5 of the others last quarter. Really it’s growing even faster than 44% – subscription revenue (which is most of their revenue…and the most profitable portion) was up an incredible 63%!
In case you missed it, here’s my take on the latest quarter: http://discussion.fool.com/hortonworks-kills-it-32979213.aspx
I have added shares in January (13% more shares), and February (63% more shares), and this month I have also added some options. It’s bounced back 12% in March from February lows, but it’s got a loooooooooooong runway of upside from here!
Bear