Going Shopping for 4 Stocks in the $10K Portfolio

A number of low-priced names in the $10,000 Portfolio have been on sale for several days now. The portfolio has created some cash by selling a few shares of SoFi Technologies (SOFI), Palantir Technologies (PLTR) and Rocket Lab (RKLB).

Now, we’re going to try to add to the portfolio’s long positions in Sidus Space (SIDU), Ondas Inc. (ONDS), Planet Labs (PL) and Alto Ingredients (ALTO) below net basis.

As always, I will have to wait for the portfolio to act until this information is in the public domain and all of you have the chance to act first.

Recent Portfolio News

Amazon

On Wednesday morning, Nokia (NOK) and Amazon’s (AMZN) Amazon Web Services (or AWS) announced they are expanding their collaboration to deliver autonomous networks.

“Nokia and AWS are collaborating to run Nokia’s Autonomous Networks Fabric, giving operators access to advanced AI and cloud services required for Level 4 autonomy.”

Ondas

On Tuesday, analyst Austin Bohlig of Needham reiterated a “buy” rating on Ondas (ONDS) as well as his $23 price target. Bohlig is rated at two stars out of five by TipRanks. Over the past two years, he has had a 34% success rate with an average return of 0.1%.

On Tuesday, Ondas announced that its Sentrycs subsidiary had partnered with Lockheed Martin (LMT) to add its Cyber-over-RF counter-drone technology as part of Lockheed’s Sanctum C-UAS platform. Sanctum is built to protect military forces, potential homeland targets, and critical assets from evolving drone threats, to include swarms.

On Wednesday morning, analyst Dan Ives of Wedbush reiterated a “buy” rating on PLTR as well as his $230 target price. Ives is rated at five stars out of five by TipRanks. Over the past two years, he has had a 53% success rate with an average return of 22.5%.

Palantir Technologies

Palantir (PLTR) and Zeta Global (ZETA) made news on Tuesday after the two firms announced a strategic partnership to combine their data and AI capabilities, aiming to help businesses better understand customers and improve marketing campaigns through a unified technology platform.

Tuesday’s Intentions vs. Tuesday’s Actual Trades

– Sell 3 shares of RKLB at or close to the last sale of $95.25.
– Sold 3 shades of RKLB at $98.97.

– Buy 5 shares of PL at $27.50 or better.
– Nothing done.

Wednesday’s Intentions

– Purchase 25 shares of SIDU at or close to the last sale of $2.72.

– Purchase 25 shares of ONDS at or close to the last sale of $8.03.

– Purchase 10 shares of PL at or close to the last sale of $27.05.

– Purchase 25 shares of ALTO at or close to the last sale of $4.98.

Current $10,000 Portfolio Positions

Long 125 shares of ALTO at $5.635. Target Price: $9. Last sale: $4.98.

Long 3 shares of AMZN at $258.0567. Target Price: $324. Last sale: $240.17.

Long 60 shares of EVLV at $5.9895. Target Price: $8.50. Last sale: $5.51.

Long 200 shares of OCUL at $8.271. Target Price: $11. Last sale: $10.06.

Short one OCUL $11 Sep 18th call at $1.65, Last sale: $1.90.

Short one OCUL $9 July 17th call at $0.90. Last sale: $1.47.

Long 150 shares of ONDS at $9.7624. Target Price: $14. Last sale: $8.03.

Long 20 shares of PL at $32.865. Target Price $55. Last sale: $27.05.

Long 6 shares of PLTR at $131.8533. Target Price: $194. Last sale: $116.59.

Long 5 shares of RKLB at $89.162. Target Price: $185. Last sale: $88.87.

Long 35 shares of RXT at $6.4529. Target Price: $9. Last sale: $7.16.

Long 150 shares of SIDU at $3.0909. Target Price: $6. Last sale: $2.72.

Long 135 shares of SOFI at $15.8617. Target Price: $24. Last sale: $18.28.

Short one SOFI August 21st $20 call at $1.02. Last sale: $1.34.

Long 20 shares of SWBI at $16.125. Target Price: $19. Last sale: $16.74.

Long 35 shares of VELO at $12.3231. Target Price: $36. Last sale: $19.44.

Cash: $851.71.

Portfolio Value: $11,117.00, +11.2% from inception on March 24th.

At the time of publication Guilfoyle had positions in ALTO, AMZN, EVLV, OCUL, ONDS, PL, PLTR, RKLB, RXT, SIDU, SOFI and VELO.