Buys May 2024

I am starting positions in DUOL and KNSL. Here is some information about the companies from ChatGPT.

Duolingo

-Duolingo is a language learning platform that offers free courses in multiple languages through a mobile app and website. The company utilizes a gamified approach to education, incorporating elements like points, levels, and rewards to make learning engaging and effective. Users can practice reading, writing, speaking, and listening skills, with lessons tailored to their proficiency levels. Duolingo also provides additional features such as a premium subscription for an ad-free experience and access to offline courses.

It is the gamification that is at the top of my reasons for buying, in addition to their expanding into new topics like mathematics. The company is growing revenue at an impressive clip -- 44% YoY and 36% forward (an estimate they may beat, having beat estimates in 7 of the last 8 quarters). Duol offers a free service and I suggest anyone considering an investment in DUOL try the service out and see for yourself what it has to offer.

Kinsale Capital Group

-Kinsale Capital Group is a specialty insurance company that focuses on providing excess and surplus lines insurance products. These products cater to risks that standard insurers might find too complex or hazardous to cover. The company operates through a network of independent insurance brokers and agents, offering policies for various sectors including construction, small business, energy, and transportation. Kinsale Capital Group aims to deliver tailored insurance solutions with a focus on underwriting discipline and efficient claims management.

Essentially, KNSL provides opportunities for those with difficulties securing insurance to find coverage. Like DUOL, the company is growing strong (revenue growth of 45% YoY and 31% forward). The company beat EPS estimates 8 out of the last 8 quarters with revenue beating 6 of 8 quarters.

I am adding 4 shares of DUOL at $179 = $537

I am adding 1 share of KNSL at $398 = $395

Other Add's

AMD 2 shares at $164 = $328

NET 5 shares at $75 = $375

ADYEY 30 shares at $13.40 = $402

DDOG 2 shares at $120 = $240

MELI 1 share at $1,749 = $1,749

NU 25 shares at $11.65 = $291.25

Sell's

I sold out of my SNOW position. The SBC is ridiculously high, the competition is closing in, and the valuation is not cheap. 

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.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 NET, DDOG, DUOL, KNSL, MELI, ADYEY, AMD, and NU.







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