Global-e Online: Worth The Risk, But Position Size Accordingly

Hindsight Investor
364 Followers

Summary

  • Global-e investors have been on a rollercoaster ride since the company IPO'd back in May 2021.
  • Global-e offers an innovative solution to an obvious problem and is growing like a weed.
  • The company is riding the tailwinds of DTC and cross-border e-commerce, trends likely to continue for the next several years.
  • Global-e continues to increase its customer pipeline, adding larger and more established brand partners.
  • If you can stomach the volatility, Global-e may be a good choice for the speculative portion of your portfolio.
Medium wide shot of male warehouse worker checking orders at computer workstation in warehouse

Thomas Barwick

Investment Thesis

Global E-Online (NASDAQ:GLBE), the leading platform provider enabling cross border DTC e-commerce, has been on a rollercoaster ride since IPO'ing back in May 2021. Shares debuted at $25, skyrocketed to $84 three months later, then bottomed at $16 back in May 2022. Since then, shares have

This article was written by

364 Followers
Beating the market is my one and only objective. If I can't make a case for a stock to beat the S&P's historical return of 7-8% per year, I won't buy it. And wouldn't recommend you do either.I'm primarily a GARP investor with a strong focus on fundamentals. I cater to consumer discretionary stocks because these are within my circle of competence. I cover the occasional tech stock if I understand the business and/or am a paying customer.I love researching companies, analyzing financial statements, listening to earnings calls, and scouring Investor Relations websites. It's through this process I'm able to develop a thesis to the story.

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.

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