5 Charts For The Week
Hi all👋
Choppy week last week that eventually ended up in the green. Green weeks are obviously great, but they ultimately present less opportunities for us in the markets.
There’s still a good portion of my portfolio that I would happily add to at today’s prices, but unfortunately we don’t have an infinite amount of cash at our disposal so being very picky with buys today is encouraged. I do believe we will get opportunities to deploy more cash sooner rather than later, but until then I am adding small to some positions, making some small trims in others, and trying to find some other undervalued plays that haven’t moved +100% already this year.
Here’s 5👇
1. CryoPort | CYRX
CYRX isn’t the type of company I tend to look into much. Mainly because:
FCF is so volatile
EBITDA multiple is 63x
But ever since Trump mentioned he wanted to increase the accessibility of IVF and other fertility treatments, I wanted to consider getting some exposure to this theme and I think CYRX is potentially one of the strongest in the market to do this.
From a technical standpoint, it’s finally above a key support level, above the 200MA and broke the downward trend they were in. From a more fundamental point of view, net cash makes up ~2/5th of the market cap which for companies in this niche is very good. This is one of those catalyst driven stocks that can easily have +20% days on some good news. I think it’s potentially worth exposing yourself to this theme.
2. Harrow | HROW
As paid subs will know, HROW is a well-sized position in my portfolio. If you want to know why, read my thesis here:
76% estimated EBITDA growth whilst trading below 17x NTM EBITDA. There’s really not many stocks out there trading that cheaply today.
3. Draganfly | DPRO
I’m very torn on DPRO for 2 reasons:
It’s cheap. In fact it’s one of the more attractive positions in my “Investing Universe” (paid subs). You’ve got a company growing an estimated +130% between 2025 and 2026 for just 17x sales. That’s quite cheap.
But fundamentally I struggle. I don’t see much room for margin expansion over the next 2-3 years and I think competition in the drone market will be very challenging.
If I did invest in DPRO, it would be purely from a technical basis and the chart looks nice, but I’d never make it a larger position so that’s it’s a core part of my portfolio.
