US stocks listed in the US

Hi Terence,

Thanks for the feedback, much appreciated in these volatile times.

As always these companies need to be considered on a stock-by-stock business with one you mentioned very close to jumping on to the MM Hitlist. A couple that we believe pass muster and are worth watching in these volatile times are below but in terms of “passing muster” we assume you mean with regard to tariffs, unless the Trade War escalates to the next level they should be fine as they’re not selling goods into the US per se:

• Life360 (360) / (LIF US): we have discussed the family sharing location company 360 a few times this year, as of the fourth quarter of 2024, the company reported almost 80 million monthly active users (MAUs) globally. While a significant portion of these users are based in the U.S., the exact percentage of revenue derived from U.S. operations is not specified in their public financial reports. We like 360 below $20.
• Smart Parking (SPZ): operates globally, providing parking management solutions and technologies across several regions and in February 2025, it expanded into the US by acquiring Texas-based Peak Parking, which manages 134 sites across multiple states with further expansion across the US expected. This a solid but small ASX business width a market cap of $310mn, which achieved EBITDA in the first half FY25 of $9.5 million, a 26% increase. We like SPZ under 80c after its ~30% correction.
• Block (XYZ): we have also discussed this financial services company, the new owners of Afterpay, a few times in 2025. We didn’t like last months fourth quarter earnings and quickly took the stock off our Hitlist for the Active Growth Portfolio, the stocks since plunged over 40%, one hand grenade avoided, though we may consider again in the future.

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Life360 Inc (360)

LAST UPDATED 13/03/2025 14:19

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Life360 Inc (360)

LAST UPDATED 13/03/2025 14:19