I have a hard time analyzing IPOs because there's very little technical data to analyze, but I do have some personal industry experience with CloudFlare. The sentiment and fundamentals for this firm are strong, and that's all you can analyze with IPOs!
They're a tech company. They're positioned to eat Akamai's dogfood, too. They're not yet profitable, but that's common for a young company in the technology and internet space. They've increase revenue 43% from 2017 to 2018, and their racking up new paid customers like it's going out of style.
Take a look at the data for yourself:
forbes.com/sites/greatspeculations/2019/09/12/what-investors-need-to-know-about-the-cloudflare-net-ipo/
medium.com/@alexfclayton/cloudflare-ipo-s-1-breakdown-7c75de6b2204
They're a tech company. They're positioned to eat Akamai's dogfood, too. They're not yet profitable, but that's common for a young company in the technology and internet space. They've increase revenue 43% from 2017 to 2018, and their racking up new paid customers like it's going out of style.
Take a look at the data for yourself:
forbes.com/sites/greatspeculations/2019/09/12/what-investors-need-to-know-about-the-cloudflare-net-ipo/
medium.com/@alexfclayton/cloudflare-ipo-s-1-breakdown-7c75de6b2204
Dagangan ditutup: hentian tercapai
Well, I pulled out and just missed a haircut on this one, but that's IPOs. When this current broader market pullback cools off and is more favorable for tech stocks, I plan to put a new position in for this stock.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.