It discusses 13 stocks that they believe are great buys right now. They admit to delving deeper into each stock, so they plan to provide an overview of each. The speaker emphasized the importance of building a portfolio of quality stocks, especially during market uncertainty when some may try to time the market.
1. (TSLA)
The first stock discussed was Tesla (TSLA). Despite suffering a 40% year-to-date decline in its stock price and being surrounded by negative sentiment, the speaker expressed confidence in Tesla’s long-term potential. They referred to their experience as long-term shareholders and highlighted the difference in perspectives between short-term and long-term investors.
Let’s talk about Tesla’s performance. Over the past five years, Tesla’s stock is up nearly 700%, and since its IPO, it’s up nearly 11,000%. However, it’s important to note that during the five-year period within that time, Tesla’s stock experienced considerable sideways movement. From about 2014 to 2019, it fluctuated without significant overall gains. Additionally, Tesla has experienced several significant crashes, defined as a decline of more than 20% within six months. Despite these challenges, Tesla remains a remarkable gainer since its IPO, over 10,000%.
Let’s examine an important trend from 2013 to 2023: Tesla’s revenue went from $2 billion to nearly $97 billion. This long-term trajectory reflects Tesla’s remarkable growth. Currently, there is an interesting phenomenon in the U.S. This short-term trend does not necessarily indicate long-term prospects.
Consider Tesla’s delivery numbers, which have grown from 95,000 to 1.8 million vehicles — an unacceptable trend. Short-term fluctuations, such as those projected in 2024, should not overshadow this long-term trajectory. Some argue that Tesla’s forward price-to-earnings ratio (P/E) is too high. However, it’s important to note that Tesla can quickly reduce this ratio as profits increase.
2. Amazon’s
Amazon’s stock, known as Amazing Z, has commanded a consistently high price, and holding it after its IPO could have yielded a staggering $146,000 per share. However, Amazon’s growth has not been a smooth, upward climb. There have been periods in its history when its growth appeared to have stalled or slowed considerably.
For example, in 2001, Amazon experienced a relatively modest revenue growth of 133%, which paled in comparison to its previous explosive growth rates of 3,000% and 838%. This sudden decline has led some observers to speculate whether Amazon’s growth rate has peaked. Later years showed varying growth rates, fluctuating between 32% and 168%, before falling to 68% and then rebounding to 133% in 2001.
At the time, with revenues approaching $3 billion, skeptics may have questioned whether Amazon’s growth rate had plateaued, perhaps fearing the possibility of negative growth in the next year. Fast forward to the present, however, and Amazon’s revenue has grown to an astonishing $574 billion, proving that its growth was far from over.
In 2005, Amazon experienced a decline in growth, with revenues growing at a rate of only 22% after a period of acceleration. This led some to speculate whether this was a sign of a major downturn for the company. Similarly, in 2014, after several years of consistently achieving more than 20% annual growth, Amazon’s growth rate fell below 20%, raising concerns about the company’s trajectory.However, despite these ups and downs, such as 9% revenue growth in 2022, Amazon has consistently demonstrated resilience and the ability to overcome short-term challenges.
3. META
It’s undeniable – Meta’s stock has deteriorated since the November 2022 lows. The upward trend looks set to continue. Let me share something important I discovered on THXstocks.com. This platform simplifies the process of comparing stocks. With just a few keystrokes, I can access all the metrics I need, saving me valuable time. Meta stands out compared to its peers like Apple and Microsoft. Despite being in different sectors, they are often pitted against each other due to their status as big tech players.
Meta outperforms its competitors in several key metrics. While 12-month P/E ratios can show a different picture, forward P/E is where Meta shines, which is why forward P/E takes precedence over 12-month P/E. When it comes to financial health, Meta boasts better gross and net margins than its peers, especially Microsoft. I believe Meta’s net margin may even surpass Microsoft’s this year.
What’s really remarkable is the potential revenue growth of the meta. Analysts forecast a staggering 24% growth for the current year, far higher than Apple’s forecast of 4%. Microsoft is behind at 17%. Looking ahead, Meta’s expected revenue growth for the next year is a solid 14%+, compared to Apple’s paltry 5% and Microsoft’s robust 133%.
4. NIVIDIA Corporation
Let’s discuss INID, its stock has gained an incredible 218%, making it a compelling buy. Moreover, Nvidia continues to be a solid investment option, with its growth trajectory likely to continue until the end of the current cycle. Nvidia’s forward price-to-earnings ratio (P/E) is around 37 based on analyst estimates. However, given the company’s strong growth prospects, this valuation appears relatively low. Additionally, analysts have often underestimated the revenue growth, earnings per share, and margins of companies like Amazon in the past. As such, Nvidia’s forward P/E may actually be lower than estimated, making it an even more attractive investment opportunity.
Speaking of growth, Nvidia is expected to post revenue growth of around 70% this year. Despite such impressive growth projections, investors only need to pay a modest 37 times forward P/E, which is considered very cheap for a company of Nvidia’s caliber.
5. FuboTVInc
Fubo out of 5 stocks at this juncture, due to its falling value, the streaming company has suffered a 55% year-to-date decline. Despite this setback, Fubo’s business fundamentals tell a different story. Customers, revenue, gross margin, and net margin are all up, while losses are down. These positive indicators should bode well for the company’s future, yet the stock’s sharp decline seems justified.
Amidst the turmoil, Fubo is embroiled in a lawsuit, raising investor anxiety. However, this situation can potentially yield positive results. A favorable decision would certainly boost Fubo’s chances, while an unfavorable outcome could also force a reevaluation of monopolistic practices within the sports streaming industry. This, in turn, could lead to a more equitable pricing structure, benefiting Fubo in the long run.
6. Nike,Inc
6 stocks on our list of thirteen are Nike, affectionately called “Mr. Easy Money” because of its consistent performance. Recently, Nike made headlines by signing Kaitlyn Clark to a signature shoe deal worth over $20 million. This is important not only for Clark, but also for Nike, given his immense popularity. The attention she is attracting is unprecedented, highlighted by the incredible viewership of the women’s NCAA Championship game, which for the first time exceeded that of the men’s competition. This increase in attention could mean big things for Nike’s future. Despite its steady performance over the past five years, with its stock value up only 12%, some see this as a unique opportunity to invest in a company with a proven track record of success.
7. The Honest Company Inc
At number seven on the list of these 13 stocks is Honest Company, which has made a remarkable turnaround of 166% over the past six months. Revenue, gross profit, operating income, and net income have grown significantly year-on-year. is Jessica Alba, the co-founder, recently announced her departure from the company, although she still owns a significant number of shares.
Alba’s role in promoting the company diminished over time, and her departure may actually benefit Honest in the long run. Relying on just one person for advancement is not a viable strategy in today’s digital landscape. Honest can tap into the vast pool of influencers across various social media platforms like TikTok, Instagram, and YouTube to expand their reach. Carla’s leadership and the company’s Amazon connections are proving to be invaluable assets, paving the way for growth and profitability.
8. The Cheesecake Factory (CAKE)
No. 8 on this list of 13 stocks is Cheesecake Factory (CAKE). So far this year, CAKE stocks have seen a 3% decline. However, much of this recent decline does not reflect issues with the company’s business model. This is largely due to rising interest rates affecting the broader market.
Despite the recent decline, CAKE is trading at an unusually low forward price-to-earnings (PE) ratio of 10, which seems unreasonably low given its growth prospects. . The Cheesecake Factory continues to expand its flagship brand, with growth potential in both new locations and its existing Cheesecake brand. Additionally, its acquisitions of Northern Italy and Flower Child provide significant growth opportunities for the next decade or two.
9. Zoom Videos communication Inc.
Zoom stock’s surprise decline is shocking despite its critical role during the pandemic. With its widespread adoption and household recognition, Zoom appeared poised for continued growth. However, over the past five years, its stock has declined 7.7%, a rarity given its unprecedented rise in popularity.
Nevertheless, Zoom presents an attractive investment opportunity due to its stable business model and potential growth avenues. Its financials boast an attractive valuation as well as a strong income statement and balance sheet. With these factors in mind, I am considering starting a position at Zoom, a move I never anticipated. This is a compelling prospect with low risk and promising potential.
10. Sofi Technologies ( SOFI )
Here’s an analysis of Sofi Technologies ( SOFI ), which has seen its stock price drop 26% this year due to concerns about rising interest rates impacting its business. However, despite this setback, Sophie’s underlying business metrics remain strong.
Sofie’s membership base, which they refer to as “Members”, is experiencing significant growth, seeing significant growth across their various financial products. This includes their lending products and other financial services offered through their Galileo platform. In terms of financial performance, Sophie’s revenue and adjusted earnings have continued to grow across the board. While rising interest rates have been a concern for Sofi and companies like it in the financial sector, the company’s strong business fundamentals and growth potential make it an attractive investment opportunity.
11. PLTR
Number 11 on our list of 13 is Palantir stock, which has been performing well, boasting an impressive 138% gain. I made my investment during a period of particularly pessimistic sentiment around the company, which has contributed significantly to my gains.
Palantir remains an attractive investment opportunity for several reasons. Its business segment is growing tremendously, seeing a 70% increase in US business customers. This suggests a promising trajectory for future growth, especially considering the company’s focus on data and artificial intelligence, two sectors poised for significant expansion.
Financially, Palantir boasts a strong balance sheet, with minimal debt and ample cash reserves, ensuring stable interest income. While current earnings per share may seem modest, the company’s profitable debut indicates significant potential for future growth. Similar to Tesla’s early stages, Palantir’s current earnings will likely pale in comparison to what it will achieve in the coming years.
12. PYPL
PayPal has been twelfth in my discussions lately, almost as if it has become a recurring topic. It is similar to raising a child. Chris seems to be playing his part in the company, showing excellent results in its opening quarter. I hope he continues to influence Wall Street. The company’s revenue and profit growth is on an upward trajectory, indicating streamlining of operations for future business needs. Innovation seems to thrive within the organization. Frankly, I have no criticism of PayPal at this point. Despite market volatility due to rising rates, the stock has held up reasonably well. They seem to constantly exceed their guidance, which I suspect they have intentionally kept conservative. If they continue this trend, I wouldn’t be surprised if Wall Street becomes enamored with PayPal under Chris’ leadership.
13. WYNN
“The spotlight is on 13 stocks, winning resorts leading the pack as excellent options in the high-end gaming sector. I’ve shared detailed information on this winner, along with discussion on other notable picks like Windstock and Sophie- Also, I discovered their amazing opportunities in New York,
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