Allbirds Is Worth An Attention

Jan. 30, 2022 6:46 AM ETAllbirds, Inc. (BIRD) StockBIRD11 Comments
SL Investments
3.17K Followers

Summary

  • Allbirds is a unique brand that creates sustainable and environmentally friendly products that are comfortable.
  • Allbirds has high brand loyalty along with strong underlying growth potentials.
  • However, because the company is still in early stages of proving its potential along with a fairly high valuation, I think investors should wait on the sidelines for now.

Sneaker Company Allbirds Files For IPO

Spencer Platt/Getty Images News

Introduction and Thesis

Allbirds (NASDAQ:BIRD) is a relatively new lifestyle brand primarily selling footwear and apparel products sourced from naturally derived materials. Allbirds claims that their footwear is environmentally friendly while being the most comfortable

This article was written by

3.17K Followers
I am a young private investor seeking to find advice and knowledge through my journey in Seeking Alpha. I primarily focus on growth companies and the disruptive future they may bring. Through the rise of technological capabilities, I believe that the world will undergo a massive transition in the coming decade.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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