#12. ZC: UiPath, Inc

I started the Ascension Ventures portfolio at the start of June with the goal of building a high-risk-high-reward fund made up of companies that haven't yet entered the mainstream arena, per se.

The fund is made of 16 stocks and so far in its first quarter it has returned a very respectable 26%. In the same period, the S&P500 returned approximately 10%.

The worst perfomer is, rather ironically, the first stock pick I issued, Digital Marathon Holdings [MARA]. So far that has seen a 23% decline from entry. MARA 0.00%↑ is a Bitcoin Mining company is therefore expected to fluctuate in value inline with Bitcoin itself.

The best performer has been Rocket Lab RKLB 0.00%↑ returning a staggering 105% from entry. And I think it runs further.

Here are the results of the Stock picks issued so far:

• $MARA 🔻-23%

• $SOFI 🟢 +12%

• $FVRR 🟢 +8%

• $RKLB 🚀 +105%

The September Stock Pick Edition, albeit slightly late but still on time, is a relative under-performer in the market. That stock is UiPath PATH 0.00%↑ .

UiPath are a leader in robot process automation, and they have expertly created tailored tools, leveraging their AI platforms. With strong revenues, free cash flows, strategic partnerships and the important milestone of recently achieving profitability, UiPath certainly appears to be under valued.

In the period since the beginning of June, PATH has returned a 🟢 +4% gain. I expect to see this much higher in the coming months.

We’ve given UiPath a GLOW rating considering it’s balaned risk-reward in tandem with fundamentals and technicals aligning for growth.

Read the full Issue here: Stock Pick #5 - UiPath, Inc.

Ascension Ventures is a high-risk high-reward portfolio, build with the intention to return significant returns of initial investment, with the risk of substantial loss. The companies in the portfolio have been carefully chosen for sector diversity, company profile and technological innovation. For more info on the portfolio: