Should You Expect Astronomical Returns From SpaceX?

SpaceX shares made their long anticipated debut to the public market on Friday, June 12.  The demand was unprecedented. Not only was it the largest offering in history after raising over $75 billion, but brokerage firm Charles Schwab also said it was the fifth most active day in their company’s 50-year history. SpaceX’s pre-open price […]

Time to Search for a Google Replacement?

Google’s parent, Alphabet, is delivering strong results—yet shares are down almost 19% year-to-date. (Disclosure: Clients, Jeff Pollock, and Sunni Schneider are shareholders of Alphabet. No compensation was received to write this blog.) Last quarter, Alphabet reported: Despite these strong fundamentals, the stock trades at just 16x earnings, a meaningful discount both to the broader market […]