I cannot recommend Wheels Up as it is not profitable

I cannot recommend Wheels Up as it is not profitable

T-Mobile: “I think [CEO] Mike Sievert is a winner. If I had to start a position in T-Mobile, I probably would start some right here. It does sell at a high multiple, but it’s making a ton of money.”

Veeva Systems: “They have decided that Veeva has never done anything right, and yet it’s consistently done things right. But it is at 56 times earnings. You’re going to have to give it some berth. That means it’s going to be able to still go down a little before it gets cheap, and we want cheap.”

Highlights

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  • Wheels Up: “I like [CEO] Kenny Dichter very much, but I am not recommending SPACs unless they’re making money. Last I looked that one is not making a lot of money, and that’s the problem.”