nCino: A Lot Of Positive Developments, But I Am Still Wary (Upgrade To Hold)

Group 1 - The previous investment rating for nCino Inc. (NCNO) was a sell due to significant headwinds, particularly its exposure to mortgage volume [1] - The investment approach focuses on long-term investments while incorporating short-term shorts to uncover alpha opportunities [1] - The analysis emphasizes bottom-up analysis to assess the fundamental strengths and weaknesses of individual companies [1] Group 2 - The investment duration is medium to long-term, aiming to identify companies with solid fundamentals, sustainable competitive advantages, and growth potential [1]