The Week Ahead - Nov. 27, 2022

Earnings are coming up for some hyper-growth companies, including CRWD, SNOW, ESTC, ZS, PATH, and ASAN. My eyes will be on CRWD and SNOW. CRWD and SNOW trade near historically-low valuations, and any post-earnings dip could be a buying opportunity. To me, the only negative for CRWD is the valuation. For SNOW, it's the valuation and the absurdly high SBC (stock-based compensation). But if these companies achieve their growth goals, then their current valuations could be cheap from a long-term perspective. CRWD has a strong history of beating guidance. But even if that's the case again, that's no guarantee the stock rises AH. CRWD dropped AH after 3 of 4 quarterly reports in 2021 (it also dropped 4.9% after last quarter's earnings). SNOW stock dropped AH on March 2 and May 25, so a repeat of that wouldn't surprise me. In summary, I will most likely add shares of CRWD and SNOW if they drop AH. ESTC and ZS could also be good adds on a dip. I do not know enough about PATH or ASAN to have a take on them.

This website is created and authored by Marlin Sandlin and is published and provided for informational and entertainment purposes only and merely cites my own personal opinions.  I am not a financial advisor, and this website is not intended to constitute investment advice or provide specific advice or recommendations for any individual or on any specific security or investment product.  Any action you take upon the information you find on this website is strictly at your own risk.  This website may share links to articles and information which is interesting to me, but it is in no way an endorsement by me or by anyone associated with me.  The views reflected in the commentary are subject to change at any time without notice.   I may or may not hold investments in the companies or securities discussed on this website.


Marlin Sandlin owns shares of Crowdstrike (CRWD), Snowflake (SNOW), and Zscaler, Inc. (ZS).

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