7/1/24 :: VROCKSTAR :: 
SLP
Don't see much upside >$50
(going to streamline posts, they've been growing too long last few wks; still working out my publishing process)
- SLP has interesting/ unique product for industry
- rev growth mid teens is "fine" but not worth 10x enterprise value
- PE near triple digits this yr and still >50x in '25 too high
- not seeing a ton of opex leverage, look YoY in last Q - stagnant
- generate cash, 2.5% yield is just okay
- would re-consider if we saw a 3-handle on stock, set my trading view alarm at $35.5 to take another look if/when/why there
- chart not convincing, a lot of range chop at high end and into a picky risk environment
V
SLPDon't see much upside >$50
(going to streamline posts, they've been growing too long last few wks; still working out my publishing process)
- SLP has interesting/ unique product for industry
- rev growth mid teens is "fine" but not worth 10x enterprise value
- PE near triple digits this yr and still >50x in '25 too high
- not seeing a ton of opex leverage, look YoY in last Q - stagnant
- generate cash, 2.5% yield is just okay
- would re-consider if we saw a 3-handle on stock, set my trading view alarm at $35.5 to take another look if/when/why there
- chart not convincing, a lot of range chop at high end and into a picky risk environment
V
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.