Sharesify
Sharesify is an online resource for private investors and produced by several former employees of Shares magazine. It aims to help private individuals manage their own money and investment portfolios.
Launched in 2026, we publish daily news content, analysis and thought-provoking written content about stocks, investment trusts, funds, ETFs, ISAs, SIPPs, plus produce podcasts, webinars and more.
Our easy-to-read style and depth of analysis aims to make Sharesify essential reading for those investing today.
We write about all companies on the UK stock market, covering large, mid and small cap stocks on both London’s Main Market and AIM. We also provide extensive coverage of stocks listed in the US, Europe, Asia and other overseas stock markets, interview fund and investment trust managers about performance and the secrets of their investing technique, highlighting products that provide exposure to interesting companies, geographies and growth or income-generating assets.
We also write about ways in which to build a diversified investment portfolio as well as managing your investments once you have started to put money into an ISA (individual savings account), dealing account or SIPP (self-invested personal pension).
Our digital content will be full of ideas for filling your portfolio, whether you are saving for something like a new house or car, or if you are investing to fund your child’s university fees, your grandchild’s Junior ISA, or building a nest egg for retirement.
We show you how to make money and save money by giving you all the important information to help you make informed investment decisions.
Sharesify
The team chat UK investment trusts plus Broadcom, CrowdStrike, Dell, Anthropic, OpenAI and Snowflake
Use Left/Right to seek, Home/End to jump to start or end. Hold shift to jump forward or backward.
Join the guys as they run through results from Dell and Snowflake, upcoming earnings from Broadcom and CrowdStrike, and the UK investment trust scene including European Opportunities, JPMorgan European, Finsbury Growth & Income, Seraphim and Custodian REIT.
Hello and welcome to the latest edition of the Shares of our podcast. Um I'm joined as usual by my friends and colleagues, James and Steve. How are we chaps? Again, Dandy. Very well. Yeah, well dandy, Steve, yeah, for sure. I mean it's uh it's another week chock full of um tech screamers, isn't it?
SPEAKER_00It's honestly it's been just uh just an incredible week. Uh it really has. I mean, two billion dollar plus a hundred billion dollar plus companies uh jumping by 35-40% in a in a single session. It's pretty staggering. I just I don't really remember an earnings session um quite like this where you've had such big jumps. And and we're talking about Snowflake, of course, the data analytics company, and overnight last night, Dell. Um so briefly on on Snowflake. I mean, the real story here is that investors are really buying into the fact that it's going to grow or is growing into its valuation. It's a highly rated business, um, and they really like the idea that it's its growth is now moving into the valuation. So that's really explains why its share price just ballooned. Um, Dell, slightly different story. It's really a case of the market has decided. We've had multiple quarters where we talked about it being a real AI infrastructure winner. Like say the market saying, Yeah, we buy the story now. We are absolutely going to reprice you as not just a manufacturer peripherals, we're going to price you as something fundamental to how AI moves forward. So hence share price is it's indicated to go up about 33% as I as I look at the market today. But that's pretty staggering stuff.
SPEAKER_02I mean, it really is. You know, I I mean you and I are old enough to remember the tech bubble. I don't remember stuff going up by that much, but it's not just tech. James, we had some huge moves in US retailers as well this week.
SPEAKER_01Yeah, not quite of the same magnitude, but eye catching nonetheless. So Dollar Tree up sort of double digits, Q1B and raised guide. Um, and Best Buy as well, Q1B, perhaps fueling hopes of an electronics upgrade cycle. So that one was going well. Letting the side down somewhat were Gap and American Eagle, and they're both down, they're both flashing red after sounding the alarm on sort of caution around female shoppers. Um, yeah, and the one we talked about on Wednesday was Costco trading on north of the fifth of times, so price for perfection results were pretty decent, but the shares are red as we look now.
SPEAKER_00It's really interesting, James, isn't it? Because I mean that you know you think of a retail, a big box retailer like Costco, and it's on on 45-50 times PE ratio. I mean, that's that's more than some of these exciting AI companies. Um, I suppose that tells us that investors and markets just see this as such a reliable business. It just churns out cash, it churns out revenue every single year. And so you've got a great modest albeit growth, but you've got consistency and you've got income coming in that you pretty much can take to the bank.
SPEAKER_01Yeah, absolutely right. It's that it's that membership model, I think, that investors really love, Stephen. The years of compounding of upgrades has all resulted in that very lofty rating. Uh, plenty going on in the investment trust space as well this week, isn't there, Ian? So we've had um European opportunities to wind itself up and merge with uh with Jeggy, which is JP Morgan European Growth and Income. Um, and we've also had uh Finchbury Growth and Income. So the board there has vowed to do whatever it takes to pep up performance. Um that includes an enhanced dividend, raising the gearing a bit, um, and of course, being a very concentrated fund that does increase the risk slightly of this one because we know that Nick Train runs very concentrated portfolios.
SPEAKER_00Yeah, and of course, you and I, James, talked um uh earlier in the week to Georgina Britton of the uh JP Morgan uh UK Small Cap Growth and Income Trust. And that was we said on Wednesday, that was it was a really revealing uh conversation. And we've got some other podcasts coming up. But Ian, you're you're next at uh at to battle bit I believe with Custodian REIT, is it?
SPEAKER_02Yeah, very excited. Our first real estate investment trust coming on. Richard Sheppa Cross of Custodian Reit Income will be joining us not next week, week after. So keep an eye out for that.
SPEAKER_00Um a few days after that, we've got another one booked in, and it's it's quite an interesting one. It's not uh a trust I know very well, but it's it's another JP Morgan uh trust, it's the European Discovery Trust. So obviously it's focused on Europe, but uh what that actually means in terms of discovery and the kind of things, these are the kind of questions we'd be asking. So so look out for these podcasts as they come come through.
SPEAKER_02Yeah, absolutely. Um, James, I was just gonna go back to the retailers and say, uh, yeah, you had some nice double-digit gains there in the US. We've got a double-digit gainer in the UK today as well, Ocado. The uh very popular, not just with investors, but very popular with the punters, online grocery retailer, and software platform. And it's uh shares up 10% today because they've announced a deal with ASDA. Now, ASDA's hanging on there, it's the third biggest UK retailer by market share, according to Cantar, about an 11.5% market share. That's some distance behind Tesco and Sainsbury's, but it has a quite a big online operation itself, it fulfills something like 700,000 orders a week. And what the deal with Accado is um they're gonna take over the whole of the operation, the software side of the operation, move it onto their platform, so that'll be Ocado's front end, that'll be in-store fulfillment, that'll be click and collect, and also with these aggregators like Just Eat, Uber Eats, and so on, Deliveroo, they're gonna handle that side of things. I think this is a smart deal for Asda, and I can see why people are excited for Ocado, even though there's no money coming in, it won't impact cash flow this year because they're not starting operations till next year. But it's a positive sign for a company that has really struggled to convince the market that the software side of things is working, and it's always sat in that awkward space.
SPEAKER_00I mean, it's always had a real uh fan base among retail investors, but there's been lots of investors who really don't like the idea. Is it really a robotics company? Is it a retail platform company? Is it a retailer? And and it's it doesn't really sit in any of those niches, really. It's a combination across all of those, but it's really about yeah, driving its platform, it's not really about deliveries, it's not really about groceries, it's about that platform that's what really in excites investors. So you get a big name brand like Azra on board, and it's massive volume straight up front. So that that's uh should play into the um into the fan base really well, and indeed it has.
SPEAKER_02Yeah, it should be. Um, just quickly, James, going back to investment trusts again. Next week we've got quite a few coming. We've got Capital Gearing, haven't we? That's one of the preservation trusts, as they're called. A few others.
SPEAKER_01Yeah, we've got uh private equity investor, Oakley Capital as well, and also uh our friends at Seraphim Space. So, you know, very hot investment theme. So we'll be uh seeing what they've got to say and perhaps do something for the web if it's something that catches our eye.
SPEAKER_00And a nice, a nice segue there, because uh we've been getting a lot of talk about the SpaceX IPO that is it is incoming, but as some other sort of slightly uh sideways moves. Um, everyone knows who OpenAI is these days, chat GPT. Everyone is starting to become very familiar with Anthropic, the the brains behind the Claude platform in AI. Um and Claude went to went to its uh private investors recently and raised $65 billion of fresh growth capital um at a valuation of $900 billion. Now that tops OpenAI's most recent valuation of around $730, um $730 um uh billion dollars. So um these are two potential IPOs for later this year or possibly into 27. So investors um that you know you're not able to invest in them directly yourselves, you might be able to access them to uh funds like Scotch Mortgage, etc. etc. But certainly these these these give you a sense of the kind of valuations they'll be looking for if they do pull that IPO trigger.
SPEAKER_02Yeah, yeah, yeah. And and yet more tech to come next week, Steve. About again.
SPEAKER_00I mean we've got two pretty interesting companies. Uh Broadcom, again, seen to be as one of the real big AI infrastructure winners up to the shovels. 20 23% or so year to date, the shares are up. Um, be very interesting to see what they have to say. Um, it's kind of that one of those situations where they've got to really go uh over and above expectations, which are already pitched quite high. So volatility could be at play there. So be be wary, uh um uh listeners. And the other one that's well worth watching out for is CrowdStrike, one of the most popular cybersecurity companies in the world, one of the biggest in the world. Of course, it's embracing AI. Um, and the night before CrowdStrike, which I think is next Wednesday, um, you've got uh Palo Alto, which of course is another bellwether of the cybersecurity space. So again, lots of interesting stuff to look out for next week.
SPEAKER_02Yeah, James, uh there's a superhero connection next week as well with one of yours, isn't there?
SPEAKER_01Yeah, there is indeed. Yeah, uh you're just referring to Ultra Beauty there, aren't you, Ian? Yeah, they've done a tie-in with the new Supergirl movie, which I'm sure we'll all be uh front of the queue to see.
SPEAKER_02Yeah, front row for that, absolutely. Um we'll wrap it up for this week. But um, as Steve said, keep an ear out for the custodian Reet Pod, which is coming up soon, and you lucky people, we have a very special event coming on the 24th of June. So won't say much more about it at this stage, but do keep an eye on the events page on the ShareZify website because uh that's going to be an absolute cracker. With that, we'll wish you a good weekend. Cheers.
SPEAKER_00Take care.
