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Guardant Health Inc. (GH)
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Celsius Holdings Inc. (CELH)
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Mitek Systems Inc. (MITK)
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dentalcorp Holdings Ltd. Subordinate Voting Shares (DNTL)
Q: Portfolio Cleanup Part 6:
I'm embarrassed to admit that I am down 50% or more (!) on the above.......
Are there any with good rebound potential that are worth holding on to? Can you provide a short reason why for each. Thanks
I'm embarrassed to admit that I am down 50% or more (!) on the above.......
Are there any with good rebound potential that are worth holding on to? Can you provide a short reason why for each. Thanks
5i Research Answer:
CELH; we have been wrong here but it continues to grow and is a likely M&A target. Hold but it could do very well if sentiment were to shift. DNTL recovering nicely, but earnings growth is limited and debt is very high. We would consider it a weaker hold. GH we like the company, but it has been frustrating. Competition has intensified. Cash flow continues to be very highly negative. We would be fine selling this. MITK sell. Cheap, but business has simply slowed far more than we would have expected. Its small size adds risk and momentum is very weak.
Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in CELH, MITK.