Gene Tullman, Livongo’s brilliant Executive Chairman and Founder, will be interviewed on Mad Money with Jim Cramer tonight.
Wish Tullman attended conference calls.
I am adding LVGO shares on this sell off.
Livongo looks like an unusual buying opportunity to me.
Rapidly growing, rising high margins with a drive towards profitability, newly emerging with expanding markets and products, very well led, young SAAS subscription based, under the radar and low price relative to it growth, with accounts in the pipeline that converts into highly predictable revenue projections several quarters in advance, and endorsed by one of our more respected gurus, Bert Hochfeld. And that mouth full is understated, IMO.
Looking for an offsetting variable, the retention rate is in the 90%+ range which is nothing to write home about by the standards of our subscription hyper growth companies.
Why this stock price is anchored here, IDK and would very much welcome hearing what i might be missing.