Published inTheSnowBall·PinnedThe SnowBallWelcome to The SnowBall. I’m a former sell-side and currently buy-side equity analyst. I enjoy scouring the web for the best potential investment opportunities. I’ll be curating the best investment ideas I’ve read every week and write about it. I’m a value investor, and I usually look for “compounders” or…Warren Buffett2 min readWarren Buffett2 min read
Published inTheSnowBall·Mar 16, 2021Online Didn’t Kill This Retail StarThe shift to eCommerce left many wondering if Costco’s best days were behind it, but this retailer is here to stay. Costco Wholesale Corporation US: COST | Market cap: $163.2B | Category: Compounder Rev (FY20): $22.1B (+9.2% yoy) | Profit $4.0B (+9.4% yoy) P/E: 32.5x | EV/EBIT: 21.2x Moat: Cost advantage, economies of…Investing2 min readInvesting2 min read
Published inTheSnowBall·Mar 16, 2021Match: Who Would’ve Thought Dating Could This Be ProfitableMatch Group has been a highly profitable business and yet the market remains under penetrated: there are still a lot of singles not using online dating while there are more geographies to expand to. Match Group US: MTCH | Market cap: $41.8B (Large cap) | Category: Compounder Rev FY20: $2.4B (+16.6%) |…Investing2 min readInvesting2 min read
Published inTheSnowBall·Mar 15, 2021Sprout Social: A Great Story But A Long Way To GoTech has been in vogue lately with a lot of companies seeing their stock price go up despite not having no product or revenue or profits to show for it. But this company may be different. US: SPT | Market Cap: $3.76B | Category: Growth/Speculative Revenue (FY20): $102.7M …2 min read2 min read
Published inTheSnowBall·Mar 15, 2021Etsy: A Royalty On The Growth of OthersE-commerce stocks have benefitted greatly from the pandemic as more people were forced to do more from home. But Etsy is more than just a pandemic stock. Etsy Inc. US:ETSY | Market Cap: $29.14B | P/S: 16.3 | P/E: 98.8 Rev (ttm): $1.4B (+84.2% yoy) | Profits (ttm): $232M (+49.7% yoy) Consumer…Etsy2 min readEtsy2 min read
