Verus International Inc (VRUS)

[Renegades17]

Growth stock

You don't know the revenues for most "growth" stocks with any sort of precision. Even SaaS companies have valuations that depend primarily on bookings growth, which is uncertain.

It's a guessing game..it's partially why they are so volatile. They have high equity durations with their valuations primarily dependent on "terminal" value.

The difference here is that you're dealing with a consumer staples company operating in high GDP/capita and growing end markets. Moreover, we have SEC filed contracts. The only constraint is financing.

If you subscribe to ApollyonZ and bunnyslopes valuation approaches, then move on...if you understand growth stock investing like Sello and R17, stick around. Our downside is limited and our upside is several multiples above this level.