Global-E Online (GLBE)

(A Top Pick Oct 20/21, Down 65%) Down, but up 3% over the last 100 days. Not in his fund, but still in separately managed accounts. (Analysts’ price target is $38.00)

(A Top Pick Oct 20/21, Down 55%) Out of the fund, but still in some separately managed accounts. Great play on e-commerce. Enhances the basic e-commerce store. A real company, makes money, but the environment is not favourable right now. (Analysts’ price target is $38.00)

Really suffered. He thinks it's a great bargain down here, but won't go back to $80. Good runway. SHOP has a big position in it. Facilitates global e-commerce with taxes, foreign exchange, etc. (Analysts’ price target is $60.00)

Great play on e-commerce for those investors who think they've missed out on the best days of SHOP and AMZN. Direct consumer cross-border e-commerce. Strong secular uptrend. No natural competitors. Couples up with big merchants. Great balance sheet. Not cheap at 50x sales. Watch gross merchandise volume numbers. Buy it here around the $60 level, and at 50 and 40. Price target of $90. No dividend. (Analysts’ price target is $80.50)