Do any of you have candidates?

Investment Analysis Clubs Saul’s Investing Discussions
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I’ll guess Wix to double by 12/18/2019, and here’s why. They’re at $86 today so they’d need to get to $172/share.

In the TTM, revenue has been 558m. Let’s say that goes up nearly 35% to 750m. $172 would only be a PS of 11.1. Call it 12 if they have a little share dilution.

Also, here’s the trend in non-GAAP EPS:

        Mar    Jun    Sep    Dec
2016  -0.30  -0.09  -0.04   0.06
2017  -0.18   0.00   0.01   0.16
2018  -0.05   0.29   0.39

Fill that in with increasing numbers, and it’s not hard to see 2 or 3 dollars in EPS in the next 12 months. If they could manage $3, it would give a PE of 57. Seems reasonable if they’re still growing like this.

Pure Storage (from $17 currently to $34) is also very likely. New Relic (currently $81) could certainly hit $162. My dark horses would be Alteryx & MongoDB.

Bear

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