On-line retailer Kogan helped me purchase my Christmas presents on time and I have to say the service was excellent. This $2bn company is executing its business model extremely well while enjoying being in the right place at the right time as e-commerce enjoys accelerated growth courtesy of COVID. The growing business now has around 700,000 unique customers and it looks set to maintain its upward momentum. We like KGN for an eventual test of new all-time highs, but management have been known to throw some curve balls to the market hence investors should be cognisant of potentially elevated volatility in the stock. This is a stock that resides in our soon to be released emerging companies portfolio.
MM likes KGN but its relatively high risk in the sector.
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