I will likely end up raising cash soon and prepare to buy at even lower prices. If the train has already left, I have nevertheless bought ETF units with monthly savings.
My own picks:
HIMS - This might be leaning towards groupthink, but it looks cheap if one expects the company’s growth to continue for years to come. The company has a rather defensive business model in a growing market. Forward P/FCF 21.7
GOOGL - Here one must consider whether the giant is moving too slowly behind accelerating technological development or if economies of scale will prevail. Significant data center investments are currently consuming cash flow. Looking at net cash flow, the company looks very attractive. Forward P/FCF 23.6
SPGI - Defensive, predictable, boring business, which however has some debt after an acquisition, but the growth curve is steeper compared to, for example, Mastercard or Visa. Forward P/FCF 23.9
QTCOM - A domestic quality company on the stock exchange, whose profitable and capital-light software business offers strong earnings potential – but market uncertainties may offer an opportunity to buy this quality at an even more attractive price. Forward P/FCF 24.2
LB - Wildcard. Requires a bit more comprehensive study from myself. LandBridge owns and manages land and natural resources in Texas and New Mexico. Forward P/FCF 9.9
To minimize risks, HIMS would need to get cheaper for me to dare to buy more of it. ASML Holding is already in my portfolio with sufficient weight, even though it does not appear on my list above. I believe I will end up adding a new line to my portfolio – I will most likely buy S&P Global shares. S&P Global combines attractive return expectations, predictability, and an excellent business model. The situation may change, and we shall see what curveballs the market brings.