Good Monday everyone and welcome to the BCB Cyber Series that takes on the tech stocks that can provide the cyber-fuel we need to pursue our digital wealth passions.
Jump in and knock it out with three ways to play. In other words, our top three hacked reasons why we would, or would not invest in a given stock, in a given month; picking it bear, or bull, with each instance. The choice from there is for each one of us to decide. So choose wisely!
OR 
For C3.AI (AI)
Today is the Growth Stock Edition, Rocketing Our Way to Expanding Wealth
Before we get there though, as always, our reminder: with BCB Cyber we dig for the cyber-fuel we need, we are always working to make sure the best of the best, those monster companies in Tech, form a key portion of our portfolios.
For all these growth stocks, our core defining feature is that the estimated annual revenue growth is over 20%! As always though, we dig deeper still, looking for those companies that are pushed by incredible disruptive tech with a great story, not to mention having a solid base in the numbers.
Before we dive too deep, we strongly advocate that we don’t act solely on anyone else’s opinion, not even ours! Make sure we are all thinking for ourselves as self-definers and making our own decisions. In the end, the responsibility is on each one of us as individuals. So decide wisely! On to the story…
1. Revenue Growth Story
C3.AI has been off to a great start no doubt; with over 71% revenue growth from 2019 to 2020, that’ll be a tough rate to maintain.
There definitely appears a great deal of potential here as analysts are forecasting a 32.20% revenue growth rate into 2022. In addition it helps in weight that the number of analysts following this stock has been on the uptrend as well.
It appears too that the quarterly trend for 2021 is getting off on the right foot as well with a quarter – over – quarter uptick of nearly 20% in revenues! So far, we go… bullish!
2. A Sell-Off = BUY???
A recent, dramatic sell off in the stock may scare off many would-be investors, but this may just be the time to become a contrarian! Yes, the stock got over-hyped out of the gate, but what were the reasons it fell so dramatically afterward? Diving in a little deeper shows us that it may just be sound practice behind the fall as early investors recouped their early investment; a sound practice to be sure.
However, those same investors don’t seem to be abandoning the stock. Quite to the contrary, they seem to be holding at significant levels.
In fact, Baker Hughes after taking back its original investment still remained the company’s third largest shareholder, owning nearly 10% of the company!
So for this sell off, we go…
3. Extending the REACH of AI
Not only is C3.AI picking up high quality clients, Yokogawa being a company with interests in 114 companies across 62 countries, but more importantly they are signing them to multi-year agreements and extending the reach of their AI technologies into some of the world’s most pressing needs for the future: power generation, renewables, chemicals and metals mining.
So on extending their reach, we go…
Full Disclosure & The Push
Remember, we are just like the masses, struggling to make ends meet and build our future. So, we start building and keep doing our homework. Adjusting and flexing over time, if we see a massive spike we may lighten our position some, but always with an eye to keeping our portfolio percentage in check and investing for the long term.
The same goes in reverse, so if tech takes a nosedive, you can bet we’ll be watching and looking to add. This is just what we need to start us on our journey toward cyberizing our lives.
BCB Cyber believes this is a company with the right stuff for a big time grower with lots of potential for our portfolio. C3.AI is a solid performer with an eye for the future.
So for that, we are mega…
Our position, at BCB Cyber, holds a portfolio percentage of 1.14% as of 05.10.21 and we are definitely long. This is a riskier position for us though and so we will look to stay at about 1%.
As always, this is definitely a stock we find to be worth buying at the right price and one that BCB Cyber believes to be the right fuel for the fire at under $65 but definitely love it under $60 where it is now!
As always, think for yourself, do your own homework, and cyberize your life with the best in disruptive tech. Learn more in our Wealth Section and dive deeper into Establishing the Baseline on BCB Cyber.com!