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Criterion Capital founder likes Mercado Libre but is short iRobot

Evelyn Cheng

Christopher Lord, co-founder and portfolio manager of Criterion Capital Management, said he likes the e-commerce company Mercado Libre

(NASDAQ: MELI)

.

"There is a management team in place that we know very very well," he said, adding the company is exposed to a "large and unpenetrated addressable market." Lord was presenting at the Sohn Conference in San Francisco on Wednesday.

Lord said he is short iRobot

(NASDAQ: IRBT)

because "they are about to be punched in the face by a company that's called Shark."

"It does remind me a lot of GoPro

(NASDAQ: GPRO)

," he said, "it does remind me a lot of 3D printers."

Wednesday's event is the West Coast version of the prominent investment conferences w

hich began in New York and are best known for hedge fund managers making market-moving presentations.

The Sohn conferences benefit pediatric cancer and other causes for underserved youth.

The conference is presented in partnership with CNBC.

Disclaimer

Christopher Lord, co-founder and portfolio manager of Criterion Capital Management, said he likes the e-commerce company Mercado Libre

(NASDAQ: MELI)

.

"There is a management team in place that we know very very well," he said, adding the company is exposed to a "large and unpenetrated addressable market." Lord was presenting at the Sohn Conference in San Francisco on Wednesday.

Lord said he is short iRobot

(NASDAQ: IRBT)

because "they are about to be punched in the face by a company that's called Shark."

"It does remind me a lot of GoPro

(NASDAQ: GPRO)

," he said, "it does remind me a lot of 3D printers."

Wednesday's event is the West Coast version of the prominent investment conferences w

hich began in New York and are best known for hedge fund managers making market-moving presentations.

The Sohn conferences benefit pediatric cancer and other causes for underserved youth.

The conference is presented in partnership with CNBC.

Disclaimer



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