SemiGrowth (@SemiGrowth) on getquin

1Mon·

$APP (+5.4%) I have now taken out my stake here after almost quadrupling it.

Gives me a little $SMCI Vibes, valuation is now quite high. Nevertheless, I am convinced in the long term and will let the rest continue. The amount will probably go into $ELF (-0.44%) (everyone is buying here right now xD).

08.11

APP

Applovin

Sold at €250.30

5 Comments

Tenbagger2024@Tenbagger2024

1Mon

Rather buy eleven products at Rossmann for the money 💅💄🙈

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Carles@Carles

1Mon

I’m up more than 600%… the valuation is in fact rich, but this is not $SMCI.

Actually, if not for their financial stats/auditor/short report problems and the low margins, $SMCI valuation was acceptable for its growth perspectives and would probably be holding between in the range of its 800.

But $APP is a completely different business (software, not hardware like $SMCI), clear leader on its segment, and with big margins that are growing while they’re smashing the competitors by offering a better product with better results. It was crazy cheap, and now it is not anymore, but this multiples on a growth software stock with $APP perspectives are not unusuall at all.

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