Choice Equities' Mitchell Scott provides update on $CROX thesis and thoughts on Magnite $MGNI

Mitchell Scott, Founder and Portfolio Manager at Choice Equities Capital Management, joined the podcast for the second time to provide an update on his Crocs, Inc. (NASDAQ: CROX) thesis and Mitchell's thoughts on Magnite $MGNI.

For more information about Choice Equities Capital Management, please visit: https://choice-equities.com/

First appearance on $CROX: https://www.youtube.com/watch?v=hzYLXDJZIaE

Podcast on $MGNI with Dan Day: https://www.youtube.com/watch?v=we2o8Jw7Hno

Ryan O'Connor's piece on $MGNI: https://www.crossroadscap.io/documents/trust-busting-update

Chapters:

[0:00] Introduction + Episode sponsor: Daloopa

[1:36] Update on $CROX thesis

[4:22] How has Mitchell's views on whether $CROX is a fad changed (or not)

[7:26] Crocs' partnerships driving the brand

[10:05] Macro consumer, consumer weakness, anything of concern for $CROX / margins

[15:05] HeyDude acquisition

[21:00] What does Mitchell see that makes $CROX an alpha opportunity

[22:46] $CROX capital allocation moving forward / final thoughts on $CROX

[26:56] What is Magnite and why are value-oriented event investors on the small-cap side talking about to this company?

[30:45] What does Mitchell see that makes $MGNI an alpha opportunity

[35:06] $MGNI's Netflix and Disney deals

[38:17] Big customer wins squeeze take rates down for $MGNI?

[44:39] Why isn't $MGNI growing faster?

[47:53] Key to unlocking personalized ads on CTV streaming, is $MGNI key to this?

[52:19] $MGNI bear case / insider selling

[54:21] Google DOJ anti-trust case and how it affects $MGNI

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