[quote=“hanera, post:282, topic:2789, full:true”]
[quote=“Jil, post:280, topic:2789”]
[/quote]Top 5 stocks held by Firsthand Technology Value Fund
Firsthand Technology Value Fund, Inc., SVVC, a publicly traded venture capital fund that invests in technology and cleantech companies, disclosed today that its top five holdings as of May 31, 2017, were IntraOp Medical, Pivotal Systems, QMAT, Wrightspeed, and Nutanix.
My theme is big data, cloud computing, IoT, AI, e-commerce and voice which is narrower than SVVC’s. Only NTNX fits my theme. $ allocated is much less than SVVC’s $147 million.
UBNT - IoT, networking, Wi-Fi, Enterprise >> Consumer
VEEV - cloud computing, CRM >> ERP
NTNX - big data, HCI >> Enterprise Cloud Platform
SPLK - big data, data analytics
IRBT - AI, robotics, cleaning >> connected robots
SHOP - e-commerce
PANW - IoT, cybersecurity
CRUS - voice, ICs, smart phones >> IoTs
This is my guess work/opinion:
The stocks are at near peak or already in peak zone. In next few years, the FED rate stays same or going to increase (or very unlikely reduced). With this, Consumer spending economic pressure will increase and companies will have tough time to maintain profit. In such case, already loss making companies continue to make loss unless there is a clear visibility/strength on their financials (Ex: TSLA and SHOP are likely to get rid of their loss as they floated bonds, equity sales to remove the loan).
If we do not have such visibility on their financial recovery, it is risky to invest in those companies.
When worst comes, the loss making companies are immediate irrecoverable hit than profit making companies.
I may be right or wrong, review yourself better.