Subject: Re: Tech_Growers Outliers?
High annual sales growth has been shown to underperform if used alone. Low sales growth also underperforms. Moderate 12m sales growth is best when 12m sales growth is used as a single factor.
The original screen was IT Services, Software, and Online Services. Maybe use the count of passing companies to find something similar. Just using 451020 IT Services and 451030 Software seems closest to the original screen's intent.
Tech Growers (20240930 data) count of tickers passing each step:
537 pass Industry = Computer Software or IT Services or Online Services
of these, 221 have Market Cap > $1 billion
of these, 19 have Sales Growth Q1 to Q5 > 30%
Current SIP ticker counts (20241025 data, Exchange listed):
67 in industry 451020 IT Services
281 in industry 451030 Software
76 in industry 502020 Entertainment
73 in industry 502030 Interactive Media & Services
497 total
of these, 234 have Market Cap > $1 billion
of these, 29 have Sales Growth Q5 to Q1 > 30%
Maybe a new screen SoftwareGrowers.
Current SIP ticker counts (20241025 data, Exchange listed):
67 in industry 451020 IT Services
281 in industry 451030 Software
348 total
of these, 168 have Market Cap > $1 billion
of these, 19 have Sales Growth Q5 to Q1 > 30%
Ticker Industry Market Cap Q1 Sales Q1 Sales Q5 Price Change 26 week Exchange Company name
TKO 502020 - Entertainment 9,338 851 305 19 N - New York TKO Group Holdings, Inc.
MSGS 502020 - Entertainment 5,279 227 127 18 N - New York Madison Square Garden Sports Corp.
FWON.K 502020 - Entertainment 18,549 988 724 14 M - Nasdaq Formula One Group
FWON.A 502020 - Entertainment 18,549 988 724 19 M - Nasdaq Formula One Group
EDR 502020 - Entertainment 8,863 1,751 1,306 9 N - New York Endeavor Group Holdings, Inc.
RBLX 502020 - Entertainment 27,272 894 681 17 N - New York Roblox Corporation
GRND 502030 - Interactive Media & Services 2,311 82 62 33 N - New York Grindr Inc.
RDDT 502030 - Interactive Media & Services 13,496 281 183 na N - New York Reddit, Inc.
MAX 502030 - Interactive Media & Services 1,064 178 85 3 N - New York MediaAlpha, Inc.
QNST 502030 - Interactive Media & Services 1,042 198 130 7 M - Nasdaq QuinStreet, Inc.
APLD 451020 - IT Services 1,732 61 36 173 M - Nasdaq Applied Digital Corporation
MARA 451030 - Software 5,024 145 82 -12 M - Nasdaq MARA Holdings, Inc.
GTLB 451030 - Software 8,843 183 140 -1 M - Nasdaq GitLab Inc.
IOT 451030 - Software 26,533 300 219 33 N - New York Samsara Inc.
NN 451030 - Software 1,323 1 1 11 M - Nasdaq NextNav Inc.
IREN 451030 - Software 1,752 57 34 82 M - Nasdaq Iris Energy Limited
WULF 451030 - Software 2,441 36 16 158 M - Nasdaq TeraWulf Inc.
SOUN 451030 - Software 1,858 14 9 18 M - Nasdaq SoundHound AI, Inc.
HUT 451030 - Software 1,392 35 24 na M - Nasdaq Hut 8 Corp.
KVYO 451030 - Software 10,411 222 165 65 N - New York Klaviyo, Inc.
RBRK 451030 - Software 7,157 205 152 na N - New York Rubrik, Inc.
IDCC 451030 - Software 3,701 224 102 46 M - Nasdaq InterDigital, Inc.
ZS 451030 - Software 28,205 593 455 4 M - Nasdaq Zscaler, Inc.
CRWD 451030 - Software 73,690 964 732 -1 M - Nasdaq CrowdStrike Holdings, Inc.
CLSK 451030 - Software 2,883 104 46 -41 M - Nasdaq CleanSpark, Inc.
APP 451030 - Software 54,025 1,080 750 119 M - Nasdaq AppLovin Corporation
ZETA 451030 - Software 6,319 228 172 108 N - New York Zeta Global Holdings Corp.
MNDY 451030 - Software 14,938 236 176 57 M - Nasdaq monday.com Ltd.
S 451030 - Software 8,330 199 149 22 N - New York SentinelOne, Inc.