Vital Farms Solid Q1 2024
Q1 performance narrows the range of outcomes for Vital Farms. They are on pace for 18-20% growth and operating margin of 8-12%, improved from 7% achieved in 2023. We expect they will be worth $3.5b in 3 years. Factoring a doubling of stock price in 3 years and 30% margin of safety, we would buy…
VITL: Buy Below $20
Ticker: VITL; Analysis Date: 5/3/2024 Wait for the stock to fall below $20. About: They sell premium high grade pasture raised eggs. Typical eggs in the market sell for under 30c per egg. Vital Farms eggs sell for 62-72c/egg. Almost double the typical eggs in the market. Mission Alignment We need to eat healthier food…
54.5% Annualized Rate of Return in First 40 Days
Roughly 40 days in, Moneyin500 portfolio has produced 5.98% returns vs 0.38%-3.3% produced by indices. That’s annualized rate of return of 54.5%.
Asana
Disclaimer: information here is personal opinion. It is for educational purposes only and not investment advice. Ticker: ASAN; Date of analysis: 3/12/2024 Rating: Watch and buy below $12 The company will keep growing revenue at 20-30%/yr. Their retention rate is >100% and they have a strong switching moat. However, their stock price is very high…
Hims & Hers Health
Disclaimer: information here is personal opinion. It is for educational purposes only and not investment advice. Money in 500 summary Ticker: HIMS; Date: 2/23/2024 My action My confidence level is 8/10. I will buy the stock and wait for them to break even. If their growth rate continues, then I will likely continue to hold/add….