0A95 trade ideas
TWO GROWTH STOCK TO WATCH (FUNDAMENTALS) $CRSR $PSWelcome to another idea by Jose Najarro Stocks, don't forget to check the signature to learn more about me.
Make sure to follow for more content! Today I am looking at two stocks one in the gaming industry the other is in online education, seeing insane revenue growth or expecting strong growth shortly. This thread will be a quick read with some information on their fundamentals.
The first stock is $CRSR
Market Cap ~$3.28B
YTD ~107% from the first closing day (Recent IPO)
Currently ~30% Down from ATH
Business: Corsair Gaming, Inc., doing business as CORSAIR, is an American computer peripheral and hardware company. They are doing strong with streaming and content creation tools as well. They own Scufgaming and Elgato
Recent Earnings Q3 Non-Gaap EPS $0.54 | Gaap EPS $0.40 (Profitable)!
Revenue: 457.1M Up 60.7% Y/Y Game and creator peripherals revenue was up 129% to $161.6M ~33% of total revenue. Gaming components and systems increased by 38% to $295.5M.
Currently positive CFO and positive Earnings with analyst expectations to continue to grow as the years progress.
Revenue growth is expected to be 8.5% annually on average for the next 3-5 years by analysts. I believe this is an error or underlook statement due to such little amount of analysts looking at the company. We saw strong growth in recent Q! (2019 Grew 17% compared to 2018)
Decent Balance Sheet (370m Debt and 116m Quick Cash). They are positive Earnings and CFO, so I do not worry too much about those debt levels
I am more of a long-term investor, so technicals aren't much of a focus. Two things I check 1) The stock price is not over-extended from its moving averages 2) Currently at levels with strong volume with the stock price.
The second stock is $PS
Market Cap ~$2.62B
YTD ~6%
Currently ~20% Down from ATH
Business: Pluralsight, Inc. is an American publicly held online education company that offers a variety of video training courses for software developers, IT administrators, and creative professionals through its website... Online Education is something I believe will continue to boom.
Recent Earnings Q3 Non-GAAP EPS of $0.00; GAAP EPS of -$0.24 (Not Profitable yet)
Revenue: Revenue of $99.47M (+20.4% Y/Y)
Currently just hit +CFO but not expected to be profitable in GAAP Earnings anytime soon.
Revenue growth is expected to be 15.7.0% annually on average for the next 3-5 years. I consider anything with an annual average growth of 15% to be high growth.
Decent Balance sheet, almost a 1 to 1 ratio of Debt to Cash. I would have wished for a strong balance sheet, but looking at the change in cash in the most recent TTM it's only 30m of cash burned, they have over 400m in cash so they are able to survive for many years.
I am more of a long-term investor, so technicals aren't much of a focus. Two things I check 1) The stock price is not over-extended from its moving averages 2) Currently at levels with strong volume with the stock price after the huge pull-down.
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CRSR Bullish long termCRSR Bullish long term
30% correction from all time high.
Big Gap that needs to get filled.
Trending showing support.
MacD and RSI show Oversold.
Volume still low but over bullish view mid-long term.
$CRSR up to 51 -> 56 -> 62 gaming trend while @ homeStrong management, solid products, favorable environment
Undervalued compared to $LOGI
Not an advice, recommendation and etc...
$CRSR60% y-o-y revenue growth on 450mil annual revenue
Only 3Billion market cap. What a steal!
Should be worth at least 10Billion
Disregard technicals and buy this shit to the moon.
fake news dump
Be Careful Here With CRSRHi guys, quick disclaimer, i've made a lot of money on the bull side with this pick but im worried we may have a hard time crossing and holding above ~$42.67. Watch that line closely as that is monthly support. This is a new stock just be careful guys!
$CRSR - buying herePlaying with pitchforks. Entering CRSR here. Confirmed with bull pennant as well.
CRSR - Buy Zone?after a long run up this stock is correcting some of its gains
fib areas could support the stock' looking to take it long if goes to buy area
watching for now
pullback expected but wont last. A pullback is expected as you see in the chart how it just went up. Despite the pullback this stock will get back up and go even higher. Corsair is a great company. My pc is made up of mostly Corsair products.
Broke line of resistance. Broke line of resistance, and will wait for confirmation of that which is another candle above line of resistance. the holidays should be good for Corsair.
CRSR no looking back due for quick bounceNew to the market and just killing it. Very good developing company and looks like a jump on dip type of stock. Holidays are coming and gaming is only exponentially growing. Good luck!
CRSR now trading outside of bullish channel. Skies the Limit!Who is short CRSR? I'd like to interview you.
CRSR Bullish Channel leading to 30.34 by 11/20That support on Friday was epic. Long CRSR going into Black Friday.
Grinding higherShould continue rising in the medium term. Targeting $32 by next Monday.
Move on Friday also unexpected, could well be about to try and breakout of this channel after very strong earnings, rising option volume and more lockdowns.
