We invest personal account funds in technology and space-sector stocks. We only invest following extensive research, be it financial fundamentals, stock chart analysis, senior management team calls, industry checks, or any number of other methods. We publish our research stock-by-stock for our subscribers. We cover around 50 stocks and climbing - the top names in cloud and space.
We don't contribute to Wall St. consensus or any other earnings estimates. You won't hear us on earnings calls, though we do lurk there. Our financial models and forecasts are completely independent of company guidance. Very often we don't have a specific price target. In short? We don't do sellside research.
We've invested in the cloud since before it was called the cloud. It's still early days in cloud software and services, and we believe plentiful investment returns are yet to be made. Our focus is on enterprise technologies. As the enterprise continues to replace decades' worth of legacy software stacks, we expect cloud software revenue growth rates to outpace GDP growth for some time. Better yet, we see the best of the New Cloud Generation now producing profits and positive cashflow even whilst in hypergrowth mode.
We publish research on the most exciting stocks in the sector, including Avalara (AVLR), Cloudflare (NET), CrowdStrike (CRWD), DataDog (DDOG), DocuSign (DOCU), Fastly (FSLY), FireEye (FEYE), MongoDB (MDB), SailPoint Technologies (SAIL), Veeva Systems (VEEV), Zscaler (ZS) and many others.
Space stocks have outperformed the market for quite some time now and we see no reason that cannot continue. As strategic competition in space re-emerges between the US, China, Russia, India and the EU, we expect space spending to maintain its direct ascent, to the benefit of vendors in the sector. There are more stocks in the sector than you might think - including tradable VC plays (Rocket Lab, Spire Global, Virgin Galactic), old-line military-industrial players (Lockheed Martin, Northrop Grumman), and a promising ETF (ARKX).
We publish research on the most important public space stocks, including BlackSky (BKSY), Iridium Communications (IRDM), L3Harris (LHX), Lockheed Martin (LMT), Maxar Technologies (MAXR), Northrop Grumman (NOC), Raytheon (RTX), Redwire (RDW) Rocket Lab (RKLB), Spire Global (SPIR), and Virgin Galactic (SPCE). As the sector expands we add new names to our coverage.
Take a look at our free newsletter, 'Cestrian Stocks Bulletin'.
You can read past issues and sign up for delivery of each new edition direct to your inbox - free of charge.
'Cestrian Space Select' gets you professional quality investment research in the space sector. Regular members-only research notes, weekly sector update note, alerts ahead of any trades we make in covered stocks in staff personal accounts, and a real-time members-only chatroom.
'Growth Investor Pro' starts with a wealth of actionable investing and trading ideas in the technology and space sectors. But more than that, our subscribers will tell you that this service can help you become a better investor and/or trader. You get real-time access to senior Cestrian staff, extensive discussion of our ideas, and you join a lively, diverse, positive member community of professional and individual investors, industry experts and money managers.
The members-only 'Premium Edition' of our Cestrian Stocks Bulletin newsletter gets you our best idea of the week, every week. Delivered direct to your inbox. Subscribe for just $9/month.
'Tech Select' gives you a short-format, pro grade tech research service. Alerts direct to your inbox and mobile device. Simple & actionable ideas borne out of our work in Growth Investor Pro.
"I started out with a free trial. I never even thought I would pay for any such service until I tried it out for myself and saw that it gave me so much, not only a big return on my investments, but also a lot of knowledge from reading the articles and all the content from the members of chat".
"Got aware of Cestrian Capital Research in Sept/Oct 2020 while doing some research on CRWD and became a follower since I liked the writing style. Somehow that made me trust in their ideas on Maxar, Aerojet Rocketdyne and Perspecta. Stocks I never thought about investing in. Well 3 months and huge gains later I decided I wanted more from these guys than just the free articles and "invested" some of my gains in a subscription to Cestrian Fundamentals ... I must say it’s absolutely worth the money. Plenty of stock analysis on Cloud and Space stocks but as a great extra, a chatroom for subscribers which turned out to be an additional resource of technical and financial expertise and investment ideas outside of CCR‘s coverage. One more extra is the down-to-earth style, humor and fun. 100% Recommendation."
"For me the value comes down to technical analysis and 'gut'/experience related commentary following earnings calls, especially the Excel revenue / free cash flow / deferred revenue rolling spreadsheets, and exchange of views and ideas on specific stocks (with invaluable industry/product knowledge input from some of the members) and macro environment "
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"I have been a subscriber to Cestrian Fundamentals for a mere 6 weeks and the information that I have received has paid off big!... Enough so that it will cover the cost of my subscription for years. AND the best part is how much fun I’m having along the way. If you are new to investing or a veteran of many years, making money has never been so much fun. Thoughtful contributions from the member community are an additional perk. Feels like a family! "
"Cestrian provide a 5-star service to independent money managers. They bring to our attention ideas and concepts hard to discover by oneself and frequently their ideas lead to excellent investment decisions."
"Cestrian does a great job providing insight on all positions they acquire and seeks out alternative viewpoints to reduce risk of the positions. Short term or long term investor, the service has been worth every penny for me so far. Bonus is having a great community that has given additional knowledge and even stock picks outside the industries Cestrian covers."
"Very solid due diligence work (technical, fundamentals, financial, market sentiment) on stocks that Cestrian Capital Research rates. The chat forum is well stocked with well-versed members. I'd wholeheartedly recommend Cestrian Capital Research to my colleagues and friends."
"Cestrian is able to turn advanced concepts used by institutional investors into a systematic and digestible approach, that can be relied upon again and again ... Combining this with frequent short-term trade ideas off chart play and market experience, Cestrian really offers a killer service that helps investors navigate the market and bank repeated gains with strong control of risk. I highly recommend this service for investors from all backgrounds, with our without prior experience or understanding of Cloud or Defense. Finally, the community is really fun and supportive, with people sharing a lot of their own experience and views ... The live chat service has been invaluable for my understanding and growth as an investor".
"A lively ecosystem sustained by members from all walks of life, many knowledgeable and well versed in making money. Armed with technical charts, fundamentals and financial facts, the state of the economy and market sentiment, it zeroes in on stocks for the short- and long-term. I'd wholeheartedly recommend to my colleagues and friends."
"The articles make me laugh and make me money -- what's not to like? Seriously, well-written material that lays out the case in plain English, with just enough numbers to back it up. They've introduced new stocks to me that have done very well for me already, and likely will again in the future, and also are moving to cover tech stocks that I'm familiar with in a clear, numbers-based analysis that is easy to follow. I never thought I'd pay for a service, but here I am, paying and enjoying it!"
"The research is deep and insightful, and they have made some pretty relevant and profitable trading calls in the short amount of time I've been a member. I've never read a report and wondered where they really stand or if they know what they're doing. Having spent nearly a decade working for two large brokerage houses, I find it refreshing to read this research. Feels like it's done for the benefit of the reader and not the company, investment bank or other interested party. Money well spent for the small investor and larger investors will find the research extremely helpful as well. Well worth it!"
"... an effective, meticulous approach to investing and focus mainly on Cloud and Space/Defense sectors. Some of their picks on Space was timely and hugely impactful. I would have never looked into this sector being a techie, but MAXR has provided amazing results in a short span of time (about 80% in one month). The Cloud Valuation framework also provides actionable, data driven, emotionless way to look at cloud sector and help you decide your investing choices. You will get your ROI in days with this service...So go ahead... "
"Highly Recommended. Insightful service that provides actionable investing ideas supported with fundamental analysis and case studies that dive deep into a business' health, management and strategic initiatives. Exclusive ideas are also abundant and have proven to be highly profitable. Strongly recommend subscribing".
DISCLAIMER: This website is intended for US recipients only and in particular is not directed at, nor intended to be relied upon by any UK recipients. Any information or analysis in this note is not an offer to sell or the solicitation of an offer to buy any securities. Nothing in this note is intended to be investment advice and nor should it be relied upon to make investment decisions. Cestrian Capital Research, Inc., its employees, agents or affiliates, including the author(s) of this website, or related persons, may have a position in any stocks, security or financial instrument referenced in this website. Any opinions, analyses, or probabilities expressed in this site are those of the author as of the note’s date of publication and are subject to change without notice. Companies referenced in this note or their employees or affiliates may be customers of Cestrian Capital Research, Inc. Cestrian Capital Research, Inc. values both its independence and transparency and does not believe that this presents a material potential conflict of interest or impacts the content of its research or publications.