I bought into ZUO in spite of today’s jump — based off better than expected results. These guys make a killer app for SAAS companies. At this point, buying stocks that fuel growth in SAAS is the single best place to put money. I cannot stress this enough.
My current SAAS portfolio includes: SMAR, ZEN, HUBS and ZUO.
Other stocks in my discretionary account ripping tits are BITA, IQ, and ENPH.
I cannot be stopped and will never lose again.
UPDATE:
Fuck me for not buying IQ.
That makes two of us.
Didn’t even realize it was a spin off from BIDU until today…
Are you serious? Now I really am hating myself for not getting in.
Fly – long time reader, first-time commenter. Given your recent infatuation with SaaS, I wanted to put one on your radar. Check out YEXT. I work for a large SaaS company and noticed a few folks have left to sell for these guys. IPO’ed a year ago and built a nice base. Breaking out today on strong earnings, and winning first Japanese new logo. Very large TAM in this market as well.
YEXT looks good.