Episode 11: Digital Turbine (APPS) 2/7/22 and "Little Red Riding Hood And The Wolf" by Roald Dahl
Manage episode 319889921 series 3309907
This evening I discuss Digital Turbine (APPS), a stock that I personally own shares of in a managed retirement account, and read "Little Red Riding Hood and the Wolf" by Roald Dahl--a more or less fractured fairy tail as poem that is a bit wry and thus worth a listen.
Digital Turbine is selling at about 50% of levels a year ago. It is becoming a GARP (growth at a reasonable price) sort of stock with a P/E that is still steep at 75 but a PEG of 0.37. We discuss the relevance of PEG ratios in looking at growth stocks. I review the latest quarterly report, how Morningstar has reported the last several years of results and current estimates of the coming year.
As always, remember I am an amateur investor so please consult with your own professional investment advisers prior to making any investment decisions based on information I present or my podcast!
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