Mitchell Scott, Founder and Portfolio Manager at Choice Equities Capital Management, joined the podcast for the second time to provide an update on his Crocs, Inc. (NASDAQ: CROX) thesis and Mitchell's thoughts on Magnite $MGNI.
For more information about Choice Equities Capital Management, please visit: https://choice-equities.com/
First appearance on $CROX: https://www.youtube.com/watch?v=hzYLXDJZIaE
Podcast on $MGNI with Dan Day: https://www.youtube.com/watch?v=we2o8Jw7Hno
Ryan O'Connor's piece on $MGNI: https://www.crossroadscap.io/documents/trust-busting-update
Chapters:
[0:00] Introduction + Episode sponsor: Daloopa
[1:36] Update on $CROX thesis
[4:22] How has Mitchell's views on whether $CROX is a fad changed (or not)
[7:26] Crocs' partnerships driving the brand
[10:05] Macro consumer, consumer weakness, anything of concern for $CROX / margins
[15:05] HeyDude acquisition
[21:00] What does Mitchell see that makes $CROX an alpha opportunity
[22:46] $CROX capital allocation moving forward / final thoughts on $CROX
[26:56] What is Magnite and why are value-oriented event investors on the small-cap side talking about to this company?
[30:45] What does Mitchell see that makes $MGNI an alpha opportunity
[35:06] $MGNI's Netflix and Disney deals
[38:17] Big customer wins squeeze take rates down for $MGNI?
[44:39] Why isn't $MGNI growing faster?
[47:53] Key to unlocking personalized ads on CTV streaming, is $MGNI key to this?
[52:19] $MGNI bear case / insider selling
[54:21] Google DOJ anti-trust case and how it affects $MGNI
Today's sponsor: Daloopa
Hey there, fundamental analysts - Are you tired of the endless grind of updating financial models, scrubbing documents, and hard coding? Let’s talk about something that could transform your workflow—Daloopa.
Daloopa delivers perfect historicals for thousands of public companies. That means every KPI, operating data, financial metric, adjustment, and guidance—all at your fingertips. And here’s the best part: Daloopa updates your models in near real-time, which is especially important during earnings season, tailored to your modeling format and style.
Imagine never having to update your models again. With Daloopa, you can reclaim your time and focus on what really matters—analysis and research.
Want to learn more? Create a FREE account at Daloopa.com/YAV