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  Roblox reported a blockbuster Q3'24 with bookings growth soaring 35%, over $100 million above analyst targets. The mobile gaming platform is now a cash flow generation machine despite headlines of large GAAP losses. Despite the jump to $50, the stock is still cheap at 6x forward EV/S targets, especially with the opportunity for bookings growth to continue topping 30%. Looking for a portfolio of ideas like this one? Members of Out Fox The Street get exclusive access to our subscriber-only portfolios.  Learn More » To no surprise here,  Roblox Corporation  ( NYSE: RBLX ) reported a blockbuster quarter. The size of the beat was impressive, but the mobile gaming company has a consistent history of reporting strong growth. My  investment thesis  remains ultra-Bullish on  the stock, with the surge only generally matching the boost in the business. Read the full article on Seeking Alpha  Disclosure: No position mentioned. Please review the disclaimer ...

Update - Oct. 29 Snap with another strong quarter. At $10, the stock trades like the social messaging play has no growth.  Q3 Non-GAAP EPS of $0.08  beats by $0.03 . Revenue of $1.37B (+15.1% Y/Y)   beats by $10M . Daily Active Users increased 9% year-over-year to 443 million Total time spent watching content increased 25% year-over-year. Update - Sept. 19 Snap making a run after a solid Partner Event with a focus on AI and A/R glasses. The stock could quickly close the gap to $13.  Originally posted on Sept. 8 Snap has fallen to multi-year lows despite strong sales growth and a promising subscription service, making it an undervalued investment below $9. The social messaging company reported 850 million MAUs and 432 million DAUs, with Snapchat+ boosting subscriptions to 11 million. The market is overly focused on volatile advertising revenue, ignoring Snap's potential $700 million in recurring subscription fees by the end of 2024. SNAP stock trades at only 3x forwar...

Qualcomm's stock got hit due to a license dispute with Arm Holdings. The dispute centers on Qualcomm's acquisition of Nuvia and differing royalty rates, with Qualcomm potentially facing higher fees under a new agreement. The financial impact is likely limited; Qualcomm can absorb higher royalty rates and pass costs to customers, maintaining strong earnings and margins. The stock trades at just 15x FY25 EPS estimates with AI PC and automotive opportunities outweighing the license dispute risks. QUALCOMM Incorporated  ( NASDAQ: QCOM ) slumped following news of an ongoing license dispute with  Arm Holdings plc  ( ARM ). Considering the impacts on both companies, the dispute is likely to be resolved making the biggest issue whether  Qualcomm will have to pay a higher royalty rate. My  investment thesis  remains Bullish on the stock with a huge AI opportunity ahead and a cheap valuation for a chip stock. Read the full article on Seeking Alpha.  Disclosure:...

Update - Oct. 16, 2024 United Airlines has soared to post-Covid highs after a strong Q3. The airline now expects a 2024 EPS of $10+ for a stock only reaching $70 today after the 10% rally.  Q3 Non-GAAP EPS of $3.33  beats by $0.16 . Revenue of $14.8B (+2.5% Y/Y)  beats by $70M . Announced a $1.5B share buyback program, with $500M to be purchased during the remainder of 2024. Looking for a portfolio of ideas like this one? Members of Out Fox The Street get exclusive access to our subscriber-only portfolios.  Learn More » Original article posted on Oct. 11 United Airlines is favored over Delta following the IT outage. The airline sector is normalizing post-Covid, with United well-positioned for higher profitability and potential capital returns to shareholders. United trades at 5x 2025 EPS targets, with a projected 14% earnings growth, and has significantly reduced its debt, enhancing financial stability. With a legacy airline struggling with an IT outage,  United...

Rivian is focused on long-term growth, aiming to produce over 600K EVs annually by the end of the decade despite current production setbacks. Investors should not be swayed by short-term issues; Rivian's retooling and cost-reduction efforts are expected to improve gross margins and profitability. The company's production capacity has increased, and new vehicle models like the R2 and R3 will drive future growth and revenue. Rivian's current market cap of $10 billion presents a buying opportunity, with significant upside potential as the company scales and improves efficiencies. Rivian Automotive, Inc.  ( NASDAQ: RIVN ) is busy building an EV brand and platform for the future while investors are trading the stock based on everyday moves. The EV manufacturer has definitely hit some speed bumps this year, but investors shouldn't trade  the stock based on short-term details. My  investment thesis  remains ultra-bullish on Rivian heading towards the business turning gross ...

 Update - Oct. 14, 2024 SoFi is approaching $10 on news of a loan agreement with Fortress. The stock is still cheap despite almost doubling in the last few months. The fintech traded at $10 during 2023 and has grown substantially during this period.  -SoFi Technologies (NASDAQ:SOFI) stock jumped 6.6% in Monday premarket trading after the digital bank announced a $2B loan platform agreement for personal loans with funds managed by affiliates of Fortress Investment Group. -The pact will expand SoFi's capabilities in its loan platform business, where the company refers prequalified borrowers to loan origination partners as well as originates loans on behalf of third parties. Original article posted on Sept. 25  SoFi Technologies, Inc. has experienced significant revenue growth since going public, yet its stock remains undervalued, presenting a strong buying opportunity for investors. CEO Anthony Noto predicts increased loan demand due to Fed interest rate cuts, further boost...

  Looking for a portfolio of ideas like this one? Members of Out Fox The Street get exclusive access to our subscriber-only portfolios.  Learn More » Update - Oct. 8, 2024 Hindenburg announced a short on Roblox. The mobile gaming company rejects the short report mostly focused on questions on user metrics, not the bookings numbers.  The research firm notably points how large reported losses while ignoring the strong free cash flows due to how the company has to report bookings. The short report is hard to take serious.  Update - Aug. 1, 2024 Roblox is slipping after reporting strong Q2 numbers and guiding up on 2024 bookings. The dip could be related to the CFO leaving. The stock only trades at ~4x EV/S targets for 2025.  Bookings for 2024 are expected in the $4.18-$4.23 billion range, up from $4.00-$4.10 billion.  Free cash flow forecast was raised to $505-$535 million from $350-$420 million. Q2 average daily active users were 79.5 million, up 21% fro...

Update - Oct. 2, 2024 Joby Aviation is primed for a big 2025 with another investment from Toyota while the stock is set to bounce off support.  Shares of Joby Aviation ( NYSE: JOBY ) were launched more than  20% higher  in Wednesday’s premarket trading thanks to another $500M investment by Japanese carmaker Toyota Motor Corp ( NYSE: TM ). The investment will enable Joby ( JOBY ) to  expand its commercialization of an electric air taxi and bring Toyota’s ( TM ) total investment in Joby ( JOBY ) to $894M. The investment will be made in the form of cash for common stock. “The knowledge and support shared by Toyota have been instrumental in Joby's success, and we look forward to deepening our relationship as we deliver on our shared vision for the future of air travel," Joby founder and CEO JoeBen Bevirt said in a  statement . Original article posted on Sept. 20 Joby Aviation is nearing a major aircraft order with Virgin Atlantic, bolstering its potential for a sign...

  Palo Alto Networks' shift to platformization led to a $100 stock drop, but the stock has already mostly recovered. Despite a 20% RPO growth target, revenue growth lags at 13-14%, with EPS only rising 10% due to AI spending. The stock remains overpriced, trading at high multiples despite modest growth forecasts and potential risks from the CrowdStrike outage. Looking for a portfolio of ideas like this one? Members of Out Fox The Street get exclusive access to our subscriber-only portfolios.  Learn More » At the start of the year,  Palo Alto Networks, Inc.  ( NASDAQ: PANW ) shocked the market with a planned strategy shift to the "platformization" concept. The stock fell about $100 on the news, yet the cybersecurity stock is now back close to prior  levels. My  investment thesis  remains Bearish on Palo Alto Networks with growth still struggling to meet the elevated valuation levels. Read the full article on Seeking Alpha.  Disclosure: No position...