Investment Q&A

Q: Hello, your thoughts on the recent quarterly reslts of Shopify. Is "guidance" the sole reason for the huge drop in the price of the stock?

Q: Do you have any insights into why Morningstar would downgrade Nebius to one star?

Q: You have mentioned AIQ many times as AI play. What about DTCR ? Seems to have better performance numbers but seems to have 25% in REITs which own land for data centres. For 25% REIT, the yield of 1% seems a little low.

Q: This has a 4% weighting, and I have held it mostly for income purposes since retirement in 2018. I have never been really compelled to be overly worried about its dividend payouts at different levels, quarterly. However, the last payout was very low at 0.0957. Can you see why it was such a drop, and if it indicates a change in their payout plans? As always, thanks for your fine service.

Q: Shop getting crushed , now sub $145cdn and CSU treading towards 52 low is it time to back up the truck and load up? 10 year hold.

Q: Palantir seems to be lagging many other tech names recently. What is your view on Palantir and do you see this as a buying opportunity? Or are their other names you prefer?

Thanks
Tim

Q: Hello, Please provide a summary of KEEL regarding their involvement with AI data centers and other areas they are involved in. Your thoughts on their shorter and longer term success would be appreciated. Thanks

Q: Peter; I took a “ flyer” on FLY buy now it looks like the pilot is drunk. Saw a few upgrades - thinking of dumping and buying HOOD for a safer flight. Excuse the puns .
Thanks,
Rod

Q: I know similar questions have been asked, however, when benchmarking 3-5yr potential of these how would you rank?

Q: Hi 5i
I have been watching CSU (2482) but have not bought yet. I'm tempted to buy some before earnings next week. Can you tell me how the stock has behaved in the past just before earnings and the weeks after?
Thanks, Greg

Q: Could you give your analysis of these two tickers overall and specifically from a valuation point of view? Thank you

Q: Hello team,

If I believe that in the upcoming age of AI, Security & Sovereignty is about moving beyond "antivirus" and looking at how a nation or an organization protects its physical and digital independence. In the era dominated by AI and space, no matter how advanced or important, any entity may be rendered crippled/useless, if they can be hijacked, shut down, or dictated by outside forces.

In such a world, the Security & Sovereignty pillar is the strategic framework that protects Strategic Autonomy. It ensures that critical infrastructure—from satellite constellations to the power grid—can operate independently and securely regardless of geopolitical tensions or cyber-kinetic warfare.

That said, which two company will be the compatible pair for this theme? I have listed some of their pros and cons below, but I am interested in what you think about this thesis and what will be your picks when you also factor in their financials, valuation, and execution risks/strengths. Please mention if you have better ideas outside these five.

Thank you for taking the time & effort to help us understand the complex world of investing one question at a time.

1. Zscaler (ZS)
The Pros: 50% haircut, P/S of roughly 7.5x, 70-80% gross margins, profitable, massive cash flow; built for the cloud; the “Zero Trust Exchange” makes the network invisible to unauthorized users.
The Cons: Struggling Sales Execution and Platform Competition (larger tech conglomerates are now offering "good enough" security bundles for free.)

2. Leonardo (FINMY)
The Pros: Massive Backlog (€46.6 billion), Sovereign Protection through the "Michelangelo Dome”; Credit Strength; defense and space wings are soaring.
The Cons: Political Risk (based in Italy); Civilian Aerostructures Drag (2028 breakeven)

3. CrowdStrike (CRWD)
The Pros: Market dominance, Falcon platform is the "must-have" tool for Fortune 500 CISOs; The "Flywheel" Effect: Every new customer adds data to their AI, creating a powerful competitive moat.
The Cons: Valuation Friction with a forward P/E over 90x, zero room for error; Saturating Market forcing it to move into Log Management/Identity, where fierce competition is worse

4. Palo Alto Networks (PANW)
The Pros: Platformization Power, offering a "Unified Security Fabric" which allows companies to replace 10 different vendors with one Palo Alto contract; Software Pivot: from "Hardware Firewalls" to "Software-as-a-Service," accounting for a growing portion of their revenue.
The Cons: Integration Complexity due to aggressive acquisitions; Margin Dilution by offering "free transition periods" to customers suppressing short-term cash flow meaningfully.

5. SentinelOne (S)
The Pros: Pure AI Heritage, their "Purple AI" was built from the ground up to be autonomous, requiring fewer human security analysts; Disruption Potential: a "hungry underdog," winning contracts by undercutting on price and demonstrating faster/better detection speeds.
The Cons: Path to Profitability still long despite crossing the $1 billion revenue mark recently; Volatility: prone to wild 20%–30% swings on even minor guidance adjustments

Q: What would. be good price for shop to buy?

Thx

Q: SHOP looks lie they missed the target on earnings. Can you comment after earnings call and what this means going forward.

Q: Hi Guys,

After listening to the conference call is Shopify a buy/hold/sell.

Thanks

Jim

Q: Looking to add one of these two companies. Can you please provide a comparison and witch one you would buy.
Thanks

Q: Comments on the quarter please

Q: Hi can I get your take/response to bearish analysis on CRWV by Mark Meldrum (youtube video
Low Quality GDP, It's 1999 all over again, and Spotlight Company - CoreWeave (CRWV) )

And why is NBIS different?

Q: What does the market expect from the CSU family this earnings quarter ?

Thx

Q: Any thoughts on Xanadu today?