Is the tax charges an artificial loss to pay less tax for Q4 2017 when tax rate is high? Everyone would want to realize all the losses in Q4 2017 so that gains will be reserved for 2018 and loss is for 2017.
I think analysts are smart enough to look past this smart tax manipulation.
Anyone with profits overseas will have that one-time charge then they can bring the money back. I wouldnât worry about it. Long-term, itâs very good.
I think VEEV has the smallest addressable market which gives it the smallest long-term potential. I completely cut VEEV to put the money in the others.
TWLO is interesting. I realized losing Uber was a non-issue for them. It took until yesterdayâs earnings announcement for the market to realize it. I was ~6 months early. Now that the market has moved past that it has plenty more upside. Iâll keep my eye on it for an entry point.
CSCO is a regular dividend payer, but big one.
Both UBNT and ANET are profit making companies, I choose them for growth.
If you want 10x in 10 years, small companies are preferable.
CSCO people are bullish by its huge cash pile/buyback opportunities. May be funds are dropping small and moving to buyback opportunity shares like CSCO, AAPL.
IMO, ANET drop is temporary, UBNT may likely come out of the mess (my Guess) soon with some penalty or change of financial reporting details (they may still be profitable/attractive). Chances that both may go up and thus fall is creating an opportunities.