David Sharek
David Sharek is stock portfolio manager at Shareks Stock Portfolios and the founder of The School of Hard Stocks.
Sharek's Growth Stock Portfolio has delivered its investors an average return of 18% per year since inception vs. the S&P 500's 10% during that time (2003-2020).
David's delivered five years of +40% returns in his 18 year career, including 106% during 2020.
David Sharek's book The School of Hard Stocks can be found on Amazon.com.
Priceline has been on a tear in the last year, and the latest quarter’s profit growth of 
Profits grew 71% on a 35% increase in revenue. Profit growth has averaged 59% the last four quarters, and there’s not thinking that can’t continue.
I’m increasing my Fair Value P/E from 27 to 42. The P/E might not actually get to $42 but I do think the $1000 is realistic beacause estimates will likely increase and the stock might only need a P/E of 35 to get there. 
Wow, what a rise. What a stock. Profits grew 58% last year and now this year’s “estimate” is 40%.
