Forget WKHS, Tap These 3 Non-Meme Stocks to Play the EV Boom - Yahoo Finance

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Has the ongoing social-media frenzy gained precedence over fundamental strength of a company in deciding its fate? Well, so it seems and that’s how the meme-mania plays out. With one stock or the other grabbing the attention of investors who are active on the social-media platform, Reddit-fueled meme madness continues. One of the stocks that is being regularly featured among the top 10 most discussed stocks on the Reddit forum lately is electric vehicle (EV) player, Workhorse WKHS. Importantly, the stock topped the subreddit WallStreetBets mentions yesterday.

Workhorse Not Worth Your Money

Riding solely on the retail trading frenzy, with no news catalyst or underlying fundamental strength, shares of Workhorse have soared more than 66% over the past month. Currently carrying a high short interest — as a percentage of float — of around 36%, Workhorse has caught the attention of the day traders who are targeting the stock for a short squeeze.

While the company may offer short-term return potential to Reddit traders, Workhorse is not for rational long-term investors. Given the stock’s stretched valuation metrics (EV/EBITDA being 291.85X versus the industry average of 10.72X), elevated leverage, soaring operating costs, intense competition and disrupted production schedules amid chip crunch dim Workhorse’s prospects. Loss of the U.S. Postal Service contract has further deteriorated the stock’s outlook.

Amid the meme craze, the stock is having a terrific run on the bourses of late but how long can the uptrend continue in the absence of fundamentals? When excitement surrounding the stock will cool down, a freefall in the share price is bound to happen, with investors losing money overnight. So, if you are a rational investor, don’t get tempted to buy Workhorse because its high trading volumes and valuations defy logic. Workhorse currently carries a Zacks Rank #4 (Sell).

EVs are the Present and Future

The e-mobility revolution is expected to continue in 2021 and beyond, more so as President Biden has committed to spend a staggering $174 billion to lift the EV market. With EVs getting mainstream with each passing day, various automakers are investing a vast sum of money in e-mobility. Per Deloitte projections, worldwide EV sales are set to see a CAGR of 29% over the next decade. The Boston Consulting Group projects EVs to more or less account for a third of the global auto industry by 2025 and more than 50% by 2030, indicating a massive jump from 2.6% in 2019.

Picking the Right Way

Meme craze can cause share price volatility in the short run and benefit traders; however, long-term investors should not give in to this hype. It’s wise to ignore the buzz surrounding such meme stocks and bet on fundamentally strong companies in the space to enjoy safe gains. Below we have highlighted three stocks for you if you wish to ride the EV wave. These stocks have a favorable Zacks Rank and strong Style Score. Our research shows that stocks with a VGM Score of A or B combined with a Zacks Rank #1 (Strong Buy) or 2 (Buy) or 3 (Hold) offer the best investment opportunities.

Play the EV Euphoria With These Legacy Auto Stocks

General Motors GM: General Motors’ “all-in” electrification strategy to gain a competitive edge in batteries, software, vehicle integration, manufacturing and customer experience will make EVs the key catalyst for boosting profitability. The firm’s ramped up investment (around $35 billion through 2025) in electric and driverless cars, proprietary Ultium battery technology as well as ambitious EV sales targets bode well for the stock. Its current EV/EBITDA ratio stands at 7.38, way lower than the industry’s 31.76. The Zacks Consensus Estimate for 2021 and 2022 earnings implies year-over-year growth of 24.9% and 15.6%, respectively. The company — currently sporting a Zacks Rank #1 and VGM Score of A — has a long-term expected EPS growth rate of 9.9%. So, if you want to capitalize on the EV revolution, General Motors might just be the best stock to place your bets on. You can see the complete list of today’s Zacks #1 Rank stocks here.

Ford F: General Motors’ closest peer Ford has committed to spend more than $30 billion in the development of EVs through 2025. The Detroit auto giant broke ground on its $1-billion Ford Cologne Electrification Center in Germany. It has also established a battery center to accelerate the research and development of battery technology for revving up its EV capabilities. The impending acquisition of Electriphi, Ford Spin’s launch of new e-bike and Ford Lincoln’s goal to go all-electric by 2030 further demonstrate the EV prowess of the auto biggie. Its current EV/EBITDA ratio stands at 18.95, way lower than the industry’s 31.76. The Zacks Consensus Estimate for 2021 and 2022 earnings implies year-over-year growth of 158.4% and 57.4%, respectively. Ford — currently carrying a Zacks Rank #3 and VGM Score of A — has a long-term expected EPS growth rate of 21.8%.

Volkswagen VWAGY: Volkswagen has been the largest investor in EV technology out of all the global automakers, with $41 billion allocated just toward eco-friendly cars. Per the company’s five-year plan unveiled in November 2020, the Germany-based auto giant intends to spend $86 billion in e-mobility, hybrid technology and digitization through 2025. Green vehicles are set to account for 20% of its total sales by 2025. The firm targets 1 million EV sales this year and plans to launch 70 EVs by 2030. Volkswagen recently stated its intention to phase out the sale of internal combustion engine vehicles in Europe by 2035 and aims to make its entire fleet carbon neutral by 2050. The company’s current EV/EBITDA ratio stands at 2.22, way lower than the industry’s 9.41. The Zacks Consensus Estimate for 2021 and 2022 earnings implies year-over-year growth of 70.2% and 7.5%, respectively. Volkswagen — currently carrying a Zacks Rank #3 and a VGM Score of A — has a long-term expected EPS growth rate of 12%.

+1,500% Growth: One of 2021’s Most Exciting Investment Opportunities

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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
Ford Motor Company (F) : Free Stock Analysis Report
 
General Motors Company (GM) : Free Stock Analysis Report
 
Workhorse Group, Inc. (WKHS) : Free Stock Analysis Report
 
Volkswagen AG (VWAGY) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
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The Link Lonk


June 29, 2021 at 07:29PM
https://finance.yahoo.com/news/forget-wkhs-tap-3-non-122912883.html

Forget WKHS, Tap These 3 Non-Meme Stocks to Play the EV Boom - Yahoo Finance

https://news.google.com/search?q=forget&hl=en-US&gl=US&ceid=US:en

KSAT Explains Q&A: Author of ‘Forget the Alamo’ on what history books get wrong about Texas Independence - KSAT San Antonio

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SAN ANTONIO – Editor’s note: On Tuesday at 7 p.m., the KSAT Explains team will host author Chris Tomlinson for a live discussion about the myths and truths about the story of the Alamo. Watch in the video player above or on KSAT.com/tv at 7 p.m.

Most people have heard about the Alamo and the battle that took place on its grounds. But over the years, more people have become familiar with the myths than with the whole, complicated story.

Perhaps there’s no better moment in time to scrutinize how we’ve told and retold the story of the Battle of the Alamo. For the past several years, more Americans have become critical of how we remember historic events and people. Confederate monuments across the country have come down. Without a doubt, more people today know about the Tulsa Race Massacre than did five years ago.

This summer, a trio of Texans released a book boldly titled Forget the Alamo: The Rise and Fall of an American Myth. As the title implies, the book interrogates the stories that have come to be associated with the men who defended the Alamo, and questions what they were really fighting for.

In Forget the Alamo, Chris Tomlinson, Bryan Burrough and Jason Stanford argue that how we view the Alamo’s past has more to do with perpetuating white supremacy than most would care to admit. For that reason, the book’s release has been polarizing. Just look at the Amazon reviews.

The book’s release also comes just a couple of months after a new Alamo redesign plan was approved by San Antonio City Council members. The plan had to be revised after the Texas Historical Commission voted in September to block the relocation of the Cenotaph, a monument that pays tribute to the fallen Alamo Defenders. The plan to repair and move the monument several hundred feet south was one of the most controversial elements of the previous redesign proposal.

Join us tonight at 7:00 p.m. for a special KSAT Explains livestream about the Alamo myths. We’ll take a look at the history of the Spanish mission and how its been portrayed in movies and film. Forget the Alamo author Chris Tomlinson will also join us live for a Q&A.

You can catch the livestream here, on KSAT’s Facebook page or the KSAT TV app.

Watch KSAT Explains: The myths, truth and battle over how the Alamo is remembered in the video player below.

Episode 25: The battle to remember the Alamo

The Link Lonk


June 29, 2021 at 11:49PM
https://www.ksat.com/news/local/2021/06/29/ksat-explains-qa-author-of-forget-the-alamo-on-what-history-books-get-wrong-about-texas-independence/

KSAT Explains Q&A: Author of ‘Forget the Alamo’ on what history books get wrong about Texas Independence - KSAT San Antonio

https://news.google.com/search?q=forget&hl=en-US&gl=US&ceid=US:en

Forget the View: Tech is Most Important Vacation Rental Amenity - PRNewswire

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NASHVILLE, Tenn., June 29, 2021 /PRNewswire/ -- The 'workcation' trend is bringing vacation technology desires and frustrations into the spotlight, according to new research from tech care company Asurion. The online survey of 500 Digital Nomads – people who are blending work with leisure travel – showcases the need for vacation rentals with more reliable tech amenities as more people embrace the remote work lifestyle.

Nearly all Digital Nomads (97%) say they'll continue to mix work and vacation this year, with 75% saying they'll do so often. This explains why high-speed internet is their No. 1 must-have item in vacation rentals. Despite this, Wi-Fi issues are also their biggest frustration while on vacation. Challenges operating other tech devices in the rental, such as TVs or smart speakers, are the third biggest of frustration, behind rental cleanliness.

"Americans who are taking advantage of remote work flexibility or working while vacationing told us that a rental property with weak or spotty Wi-Fi can ruin their vacation even more than a loud, week-long house party next door. That's a powerful statement that reflects just how much we rely on tech, even while getting a change of scenery away from home," said Mike Dolezal, Asurion Vice President of Home Technology Innovation.

"As the remote work and 'workcation' trend has grown, so has the need for reliable internet and functioning tech devices. Our Tech Experts and nearly 700 uBreakiFix by Asurion stores are prepared to help these workcationers – and all vacationers – with their tech this summer, regardless of whether it's a cracked screen, a laptop that won't turn on or help extending the Wi-Fi."

Technology and entertainment options are the top features Digital Nomads seek out when selecting a vacation rental, requiring must-haves such as Wi-Fi (69%), access to streaming subscriptions (52%) and smart TVs (49%). Availability of amenities such as towels, linens and cookware ranked second, while the rental's security features ranked third.

Over half (57%) of Digital Nomads say the Wi-Fi at their vacation rentals is often not strong enough to meet their work needs, which explains why nearly half (48%) bring a mobile hotspot and a third bring a Wi-Fi extender/router (38%) with them. A pain for guests and hosts alike, spotty Wi-Fi is the top reason Digital Nomads say they would call their rental host directly during their stay. In fact, Digital Nomads are more likely to complain to the host about unreliable Wi-Fi than about broken air conditioning, heat or appliances.

Nearly three-quarters (74%) of Digital Nomads and their families also bring a laptop with them while vacationing and over half (57%) bring a tablet. However, more tech in vacation rentals also means more frustrations when devices don't work or connect properly.

Need your laptop, phone, tablet, or other devices fixed this summer? Asurion Home+ provides fast repair, replacement and Expert tech help for all the home tech devices you use most, whether at home or on-the-road. Or stop by nearly 700 uBreakiFix by Asurion stores across the country to get same-day repair and free device diagnostics on all repairs, including water damage. Customers can even book a 'We Come to You' repair appointment and a uBreakiFix professional repair technician will meet you at your home or vacation rental or any location convenient to complete the repair on site in two hours or less.

About the Research
The Asurion Survey was conducted by Wakefield Research (www.wakefieldresearch.com) among 500 Digital Nomads, defined as office professionals or someone with a "remote work capable" occupation, who has traveled for leisure in the past 12 months and who worked at least some of the time while traveling, between May 26th and June 4th, 2021, using an email invitation and an online survey.

Results of any sample are subject to sampling variation. The magnitude of the variation is measurable and is affected by the number of interviews and the level of the percentages expressing the results. For the interviews conducted in this particular study, the chances are 95 in 100 that a survey result does not vary, plus or minus, by more than 4.4 percentage points from the result that would be obtained if interviews had been conducted with all persons in the universe represented by the sample.

About Asurion
Asurion is a global tech care company that provides insurance, installation, repair, replacement, and 24/7 support for a wide range of technology, from mobile phones and laptops to household appliances. Our 12,000 experts are available online, on the phone, in store, or can even come to you. Asurion eliminates the fears and frustrations associated with technology to ensure our 300 million customers get the most out of their devices and connections. Learn more at Asurion.com.

About uBreakiFix by Asurion
uBreakiFix by Asurion specializes in the repair of small electronics, ranging from smartphones, game consoles, tablets, computers, and everything in between. Cracked screens, software issues, camera issues, and most other problems can be repaired by visiting uBreakiFix stores across the U.S. and Canada. Since 2016, uBreakiFix has served as the exclusive walk-in repair partner for Google Pixel customers. In 2018, uBreakiFix became a Samsung Care authorized service provider offering same-day, in-person support for Samsung Galaxy customers across the U.S. In 2019, uBreakiFix joined the Asurion family and now operates as a subsidiary of the tech care company while still maintaining the franchise model. For more information, visit ubreakifix.com.

SOURCE Asurion

Related Links

http://www.asurion.com

The Link Lonk


June 29, 2021 at 07:07PM
https://www.prnewswire.com/news-releases/forget-the-view-tech-is-most-important-vacation-rental-amenity-301318835.html

Forget the View: Tech is Most Important Vacation Rental Amenity - PRNewswire

https://news.google.com/search?q=forget&hl=en-US&gl=US&ceid=US:en

Wildest day in Euros history: Why soccer fans will never forget France-Switzerland & Croatia-Spain - Sporting News

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It stinks if you had to work on Monday and didn’t have a TV or cell phone. That’s how great a day it was at Euro 2021. Here’s why:

No team in Euro history had trailed by multiple goals after 80 minutes and not lost in 90 minutes.

It happened TWICE today.

Croatia and Switzerland gave us a matchday we'll never forget 👏 👏 pic.twitter.com/GsG4Q1Nk28

— ESPN FC (@ESPNFC) June 28, 2021

These reactions sum up what the day felt like for fans:

This might be the best day’s football I’ve ever watched. 2 extraordinary games that are almost the mirror image of each other. Unbelievable scenes.

— Gary Lineker 💙 (@GaryLineker) June 28, 2021

we really just got back-to-back 3-3 games in stoppage time wtf. lol.

— Jimena (@jimemaud) June 28, 2021

FOOTBALL IS THE GREATEST SPORT ON EARTH

— B/R Football (@brfootball) June 28, 2021

There were so many unbelievable moments. If you were a fan glued to your TV or phone, the rollercoaster of emotions, the nerves, the palpitations, the nail biting — it was all just too much. Here’s how the day unfolded and what it was like in real time:

Spain’s own goal: What a whiff!

When it happened: Croatia 0, Spain 0 (20th minute)

What happened: A back pass by a teammate went right over the foot of Spain ‘keeper Unai Simon and Croatia went up 1-0 vs. Spain.

Instant fan reaction: What’s he doing/thinking? Was that a bad hop on the turf? No, he took his eye off it! How does the ‘keeper come back from that? He’s got to be flustered. Spain has some bad juju at these Euros.

Getty Images https://images.daznservices.com/di/library/sporting_news/d8/a3/unai-simon-spain-euro-2021_17ir0c3bj4bjs18m8w1npmuk3f.jpg?t=1406220866&w=500&quality=80

Croatia scores late, sends it to extra time

When it happened: Croatia 2, Spain 3 (92nd minute)

What happened: Croatia’s Mario Pasalic made a strong run into the box and headed home a beautiful cross in stride to make it 3-3. The goal sent the match to extra time.

Instant fan reaction: Where did this come from, Croatia? What a collapse by Spain! No way they’re coming back from that. How could Spain not figure out a way to hold a two-goal lead with 14 minutes left against a team with no real scoring threats? Scenes in Croatia were awesome.

Getty Images https://images.daznservices.com/di/library/sporting_news/6c/c4/mario-pasalic-croatia-euro-2021_s8w11xsvltji1u5crhysiijpc.jpg?t=1430825442&w=500&quality=80

Huge save by that Spain ‘keeper

When it happened: Croatia 3, Spain 3 (6th minute of extra time)

What happened: Spain ‘keeper Unai Simon stopped a point-blank bullet from Croatia’s Andrej Kramaric, who had a clear shot on goal.

Instant fan reaction: Redemption! Good for him. If Simon doesn’t make that save, Croatia is definitely beating Spain. That was a harder save than it looked. Kramaric should’ve roofed it! That was Croatia’s big chance. It won’t happen for them now.

After death threats, the game-winner

When it happened: Croatia 3, Spain 3 (10th minute of extra time)

What happened: Alvaro Morata, the Spain forward whose family was subjected to death threats after he missed a few big scoring chances in previous games, stuck it to all the doubters. It was a fantastic finish, one you'd expect only from a pure forward like Morata.

Instant fan reaction: What class by Morata. That must feel good for him after what he’s been through. His family must be loving it. This is what he does. He’ll miss some easier chances, but then he scores goals that have a higher degree of difficulty. That was big.

Getty Images https://images.daznservices.com/di/library/sporting_news/8a/cd/alvaro-morata-spain-euro-2021_1odnmn9uqkvgb1xg5xkuhiyjp8.jpg?t=1431121314&w=500&quality=80

Switzerland PK is stopped

When it happened: France 0, Switzerland 1 (55th minute)

What happened: French ‘keeper Hugo Lloris stopped a Ricardo Rodriguez penalty kick which could’ve made it 2-0 Switzerland.

Instant fan reaction: That would’ve put the game away! That’s gonna hurt. But great stop by Lloris. More of a great save than a bad PK. Switzerland is going to regret this.

Benzema single-handedly flips score

When it happened: France 0, Switzerland 1 (57th & 59th minutes)

What happened: Karim Benzema was invisible for most of the game. Then all of a sudden he exploded with two goals in three minutes. The first was a classy finish — the second was opportunistic.

Instant fan reaction: What a player. That’s world-class stuff. He does nothing all game and then goes off. France's coach Didier Deschamps is definitely glad he called him up now. You have to feel for Switzerland. That penalty kick save was a back breaker.

Getty images https://images.daznservices.com/di/library/sporting_news/da/31/karim-benzema-france-euro-2021_kjzd0a7af9n81ilt9j8yp8ghu.jpg?t=1430673314&w=500&quality=80

Pogba’s sick goal & celebration(s)

When it happened: France 2, Switzerland 1 (75th minute)

What happened: Paul Pogba picked out the top right corner on a spectacular, long-distance goal to make it 3-1. That was a stunner.

Instant fan reaction: That was unreal! Pogba’s unreal! He made it look so easy. Pogba is the man. This France team is so good. They can turn it on whenever they want to. France is definitely heading to the quarterfinals now. They are too good to be eliminated.

Pogba had four different celebrations for that goal. And that goal deserves four celebrations.

— Zito (@_Zeets) June 28, 2021

Swiss tie it in the 90th minute

When it happened: France 3, Switzerland 2 (90th minute)

What happened: Swiss sub Mario Gavranovic equalizes. He had only one thing in mind when he got the ball, and maneuvered his way for an unstoppable shot from the top of the box.

Instant fan reaction: Are you serious! Another two-goal comeback? Another extra-time game? What a stunner for France. What a punch to the gut. Let’s see if they can come back from this. Switzerland has been good today. That’s actually a well-deserved equalizer. Ricardo Rodriguez is off the hook. Relief for him.

Getty Images https://images.daznservices.com/di/library/sporting_news/31/bc/mario-gavranovic-switzerland-euro-2021_1jmgr6a4h6wls1a5xpqckbl3cf.jpg?t=1430557914&w=500&quality=80

France come this close to a winner

When it happened: France 3, Switzerland 3 (94th minute)

What happened: With seconds to go in regulation, France’s Kingsley Coman collected a cross in the box and nearly found the top right corner, but it went off the woodwork. That would’ve been some winner.

Instant fan reaction: Oooooohhhh. If he keeps that just a hair lower, it’s going in. That would’ve been cruel for Switzerland, but it would’ve been an all-time ending for a knockout match. This game is crazy. Crazier than Spain-Croatia.

Mbappe’s PK stopped, France is out

When it happened: France 3, Switzerland 3 (PK shootout, final kick)

What happened: Kylian Mbappe had to score to keep France alive in the shootout. But Yann Sommer saved his shot and Switzerland puled off the upset. Mbappe looked like he wanted a retake, but the refs don't give it. That was a really good save. The Swiss are going to the quarterfinals.

Instant fan reaction: Holy cow, Switzerland’s going through. Can’t believe it! Mbappe of all players! You just felt it was going to happen. That was a lot of pressure on him. He probably wanted to be the fifth penalty taker. This game trumped the previous one … we got everything that Croatia-Spain had, plus a PK shootout and an upset on top of that.

Getty Images https://images.daznservices.com/di/library/sporting_news/42/cd/yann-sommer-switzerland-euro-2021_zo7566ykhjhk193bnsae2w3ui.jpg?t=1430413914&w=500&quality=80

The Link Lonk


June 29, 2021 at 08:19AM
https://www.sportingnews.com/us/soccer/news/wild-euro-history-soccer-france-switzerland-croatia-spain/1bm2g1dnh0bgu1gja6xchjtlgr

Wildest day in Euros history: Why soccer fans will never forget France-Switzerland & Croatia-Spain - Sporting News

https://news.google.com/search?q=forget&hl=en-US&gl=US&ceid=US:en

Tyler, the Creator Says People Forget He's a Rapper: 'Don’t Let the Wig Get It Twisted' - Complex

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Tyler, The Creator loves hip-hop and he doesn’t want you to forget it. 

The Call Me If You Get Lost MC caught up with Billboard briefly Sunday at the BET Awards—where he put on a performance to remember of “Lumberjack”—and discussed people forgetting that he can really spit. 

“I just love rap so godamn much,” Tyler shared, “listening to [The] Dedication with [Lil] Wayne, and We Got It For Cheap with Clipse, they really shaped me into who I am. I think a lot of people forget that I’m a rapper because I’m so multifaceted. I just had to remind everyone, ‘Don’t let the wig get it twisted, y’all niggas can’t fuck with me.’”

Of course, Call Me If You Get Lost follows Tyler’s 2019 effort Igor, which took home the Grammy for Best Rap Album despite being a sonic departure from his previous records. While he was happy to get some love from the Recording Academy in 2020, he wasn’t all that pleased with the category his album was placed in. 

“On one side I’m just grateful that what I made could be acknowledged in a world like this,” Tyler said after winning the award in 2020. “But also it sucks that whenever we—and I mean guys that look like me—do anything that’s genre-bending or anything they always put it in a Rap or Urban category.”

Tyler also opened up to Billboard about his love for Detroit rap, specifically collaborator 42 Dugg, who appears on track “Lemonhead.”

“Detroit guys are different breeds,” Tyler explained. “The way [guys like] 42 Dugg and Babyface Ray articulate stuff, you can hear they grew up around OG pimps. It’s interesting, I love it.”

The Link Lonk


June 29, 2021 at 03:24AM
https://www.complex.com/music/tyler-the-creator-people-forget-rapper/

Tyler, the Creator Says People Forget He's a Rapper: 'Don’t Let the Wig Get It Twisted' - Complex

https://news.google.com/search?q=forget&hl=en-US&gl=US&ceid=US:en

Forget Meme Stocks and Cryptocurrency: This Healthcare IPO Could Make You Richer - Motley Fool

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With so many stories happening at once in the financial markets -- inflation, jobs, meme stocks, cryptocurrency -- it would have been easy to miss the initial public offering (IPO) of a fast-growing digital platform for doctors. Investors who overlook it might be missing a transformational company before its growth really takes off.

Doximity (NYSE:DOCS) made its debut this week and promptly doubled on its first day of trading. The company has an enviable roster of customers, and financial results that set it apart from most other high-flying tech companies. Digging deeper highlights just how many things the company has going for it.

Image source: Getty Images.

Impressive penetration in the industry

The company has been compared to LinkedIn for doctors. That's far too simplistic a description. But it's understandable since more than 80% of U.S. physicians are members. In fact, the company is so focused on doctors that it set aside shares and allowed doctors to participate in the IPO. More than 10,000 took advantage. 

Its reach extends beyond individual docs. The company also claims to have the top 20 pharmaceutical companies, as well as the top 20 hospitals and health systems as clients. The extent of those relationships is unclear. But the ecosystem it is creating is quickly becoming an integral part of how many physicians perform their work.

Docs and dorks

Despite the comparison to a professional network, the platform offers many productivity tools beyond just connecting with other physicians. Co-founder and chief strategy officer Nate Gross jokes that the company is a mix of 'docs and dorks'. The combination is producing time-saving applications that doctors love.

For instance, the dialer tool allows physicians to contact patients from their cellphones while displaying their office number. This enables them to make the best use of their time while keeping personal information private. Similarly, the video dialer sends patients a 'no reply' text link for video calls. That extended the telehealth application it launched early in the pandemic.

The platform also has a newsfeed. It is a curated stream of the latest medical news and research. This feed can be highly targeted to a physician's specialty. The hiring solutions function offers a digital recruiting channel to help staff vacancies and manage their own careers. With over 100,000 reviews on Apple's App Store, Doximity rates a 4.8 out of five.

The platform is free to doctors. Revenue comes from paying clients such as health systems and pharmaceutical companies. That revenue is generated through subscriptions that tend to grow over time. The company's net revenue retention -- a measure of how much the same customers spend year over year -- was 153% for the year ending March 2021. That's outstanding. And it isn't the only impressive financial metric.

Growth and profits

The company hasn't taken cash from investors for the past seven years. It turns out, it hasn't needed to. Not only is the company cash flow positive, Doximity has generated profits in each of the past three years. The financials show the platform is scaling nicely. As sales have grown, profit margins have expanded.

Fiscal Year*	Revenue	Revenue Growth	Operating Margin
2021	$206.9 million	78%	26%
2020	$116.4 million	36%	19%
2019	$85.7 million	NA	8%

Data source: Doximity; *fiscal year ends March 31.

Looking forward

Despite the profits, investors will have to keep an eye on costs. In the three years the company shares in its initial filing with the Securities and Exchange Commission (SEC), both research and development and sales and marketing costs dropped as a percent of revenue. That could mean management didn't need to invest as much to grow. On the other hand, general and administrative expenses (G&A) have remained steady.

Headcount in the most recent fiscal year was up 139%, while G&A expenses climbed 122%. In its filing, management pointed to its acquisition of a healthcare staffing company as the culprit. At a price-to-sales multiple of 48, Wall Street expects management to spend money on growth. As the top line continues expanding, it will want to see those non-growth expense ratios come down.

Doximity's platform has the potential to play a unique role in the changing healthcare industry. With so much of a doctor's productivity dependent on technology built without user experience in mind, the company could be an important catalyst for reducing physician burnout. Similar to Veeva Systems' use of cloud computing to streamline the life sciences industry, Doximty could do the same for physician workflows. The industry has missed in most of its attempts to work smarter not harder over the years. Doximity might be the tool that changes that.

This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.

The Link Lonk


June 28, 2021 at 09:00PM
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Forget Meme Stocks and Cryptocurrency: This Healthcare IPO Could Make You Richer - Motley Fool

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Don't Forget About Tyrell Ajian - kentuckysportsradio.com

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Photo By Jacob Noger | UK Football

Photo By Jacob Noger | UK Football

This week I’ll be focusing on Kentucky starters that may be flying under the radar. These players are essential and will play vital roles in the 2021 season. First up is strong safety Tyrell Ajian.

Tyrell Ajian is a 6’0, 190-pound senior safety from Mansfield, Ohio. Ajian has played a great deal of meaningful snaps during his Wildcat career and plays a key role in Kentucky’s safety/nickel group that should serve as a defensive strength. He joins free safety Yusuf Corker and nickel Davonte Robinson in constructing a trio of senior veterans in the back third of the UK defense.

(Photo by Joe Robbins/Getty Images)

Tyrell Ajian was a tremendous recruiting get for Vince Marrow out of Ohio. He was rated as a 4-star prospect by Rivals, ESPN, and 247Sports. Looking back on his recruitment, I placed incredible value on Ajian’s multiple skill set. This is a trait that projects to versatility at the next level that is described in the old football saying, “The more (positions) you can play, the more you will play on Saturdays.” He excelled at defensive back, receiver, and quarterback for Madison Comprehensive. The versatile athlete also scored over 1,000 points on the basketball court. He eventually chose UK over Michigan, Michigan State, and West Virginia.

Ajian started ten games last season. He totaled 48 tackles, intercepted one pass, forced a fumble, and recorded one pass breakup in 2020. His best game came in the Gator Bowl against North Carolina State after registering a career-high seven tackles. He also blocked field goal against the Wolfpack. 2019 saw the safety play in 12 games with two starts. He recorded 17 tackles and added an interception as well as a pass breakup. Ajian’s redshirt freshman year produced 10 tackles, 3 pass breakups, and an interception during the Wildcats’ Citrus Bowl Championship season.

Tyrell Ajian has been a consistent contributor with the propensity for making big plays. He was a solid starter at the strong safety position a year ago. His return to the lineup bolsters the Wildcat defense that will be fielding new starters at cornerback. The Corker-Robinson-Ajian back-line will benefit Brad White’s defense and act as the tone-setters for explosive plays in 2021.

What Does All This Mean? 

Safety Yusuf Corker is an All-SEC performer and longtime starter that is garnering preseason praise from most outlets. Davonte Robinson’s decision to return to Lexington for an additional year of eligibility was an enormous bonus for the Wildcat secondary; however, Tyrell Ajian is the defender that is not being discussed enough and is projected to be a “Havoc” producer in 2021.

The Link Lonk


June 29, 2021 at 01:00AM
https://kentuckysportsradio.com/football-2/dont-forget-about-tyrell-ajian/

Don't Forget About Tyrell Ajian - kentuckysportsradio.com

https://news.google.com/search?q=forget&hl=en-US&gl=US&ceid=US:en