It looks like growth stocks could continue to get trashed and I’ve been compiling a list of companies that may have pretty good mid-term to long-term prospects.
I’d welcome feedback and criticism.
Disclaimer: all are high risk, do your own DD
POSH – own and plan on adding -Yes, at first glance it’s dubious, but it’s quietly becoming an extremely popular phone app (see AppAnnie, or other similar website that tracks this stuff). -Recently, it’s become as popular a shopping app as Etsy, Ebay, Target, etc. Young folks are much more into the secondhand market, especially with clothes, handbags, etc. -The platform is for buying and selling used clothes/designer goods, but has many social media elements to it -From a fundamentals standpoint, they have ~$7 cash, which provides downside protection. I figure ~10 bucks is close to worst case scenario -Depop, a competitor, was bought out for $1.4 billion by Etsy and was smaller than Poshmark at the time (sure, acquisition could have been a mistake, but it gives you a sense of what the guys running the two-sided markets think). -When/if they ramp up I think they can do 20% EBITDA margins, comparable to the rest of the sector
BRLT – own, trading the swings, probably will add to core position. -[url]https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166949504 [/url][tag]see previous post[/tag], -Still like it at $10 or $11, already profitable and I think fundamentals will get pretty interesting this coming year.
BMBL – don’t own, but think they are MTCH’s strongest competitor in dating. I think it might get attractive in the mid teens. I think their Badoo segment is worthless.
HNST – don’t own, but I think there’s value in the brand. Seventh Generation is a very similar brand. Unilever bought out Seventh Generation in 2016 for $700 million. Seventh Generation’s sales at the time were ~$200 million. HNST has revenue growth, so it’s a matter of profitability now. On the negative side, I’m hesitant because of Jessica Alba’s involvement/the baggage that comes with that type of celebrity ownership.
Market Data 
Markets 
AI
