Klaviyo: Defendable Moat And Interesting Valuation

Klaviyo (NYSE: KVYO ) has a strong competitive position and has built a moat around small and medium e-commerce businesses. Its relative and absolute valuation looks attractive. Looking at the opportunities and risks, it has strong opportunities for product expansion, market growth andI'm a long only investor using a combination of dual momentum with stock picking to achieve targeted returns of 12% per year. When I'm picking a stock I'm always trying to check if it beats the QQQ in the long run. By doing du ...