In today's video I look at fundamentals and recent news for Quantum-Si (NASDAQ:QSI) and UiPath (NYSE:PATH). ARK Investment has recently purchased these two companies that have strong growth potential as long-term investments. Below I share a few highlights from the video. 

  1. Both companies have a strong balance sheet with a substantial amount of cash and short-term investments and no debt. A strong balance sheet is essential since both companies are still in the early stages of business. 
  2. Quantum-Si is a company developing semiconductor chip-based proteomics. Products are expected to be released in 2022, and the company has recently leased a new facility to scale production and expand research and development efforts. 
  3. UiPath is a company developing software robots to automate numerous tasks for its customers. As of April 30, 2021, UiPath reported over 8,500 customers and 64% year-over-year growth in annual recurring revenue for a total of $653 million. 

Click the video below for my full thoughts and analysis. 

*Stock prices used were the closed prices of July 2, 2021. The video was published on July 6, 2021.



This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.