Because we want to be cautious about our exposure to consumer stocks right now – especially with employment suffering – we are looking to take advantage of the dip with a bullish trade on United Parcel Service (NYSE:UPS).
At the forefront of this breakthrough in industrial AM is a small, $2.7 billion company by the name of Desktop Metal, which is set to go public through a merger with the SPAC, Trine Acquisition (NYSE:TRNE).
When it comes to the software observability market, a small, $3.4 billion enterprise software company by the name of New Relic (NYSE:NEWR) is the champion of the space -- and a winning investment over the next 5 to 10 years.
Some months ago, I came up with a historically well-known company that’s supplying the mission-critical components for all of these tech opportunities. It’s called TDK Corporation (OTC:TTDKY).
Don’t sleep on the electric CV market. It may not be as “sexy” as the passenger car market. But the electrification wave across commercial transportation will be one of the most exciting hypergrowth markets of the 2020s.
Up more than 1,000% over the past decade, red-hot SPS Commerce (NASDAQ:SPSC) stock is ready to explode even higher over the next decade thanks to the Supply Chain 4.0 evolution.
The mass digitization of the home goods market has begun. That’s great news for a once-forgotten, now-resurgent online home goods retailer by the name of Overstock.com (NASDAQ:OSTK).
I’m not going to make a bullish case for oil and gas companies. But they’re still necessary, and Viper Energy (NASDAQ:VNOM) is one company worth owning.
When it comes to the lithium mining market, Piedmont Lithium (NASDAQ:PLL) represents the cream of the crop.
Traders were a little less panicked yesterday, which is not a huge surprise considering how close the S&P 500 was to its support level.
A small, freshly public company by the name of Opendoor (NYSE:IPOB) is set to follow that exact playbook to turn into the Amazon of real estate over the next 10 to 15 years.
Just like regular contributions to accounts, automatic reinvestment of dividends poses the same problems for you, while being great for the companies that get their shares bought willy-nilly, and the same for funds or other dividend-paying investments.
Readers, meet Asana (NYSE:ASAN) -- the market’s best workflow management platform.
One of my most recent additions to the Profitable Investing portfolio is doing exceedingly well. Xcel Energy (NASDAQ:XEL) has returned 51.2% since late 2018, which is way ahead of the S&P 500’s return of 33.7%. And that is one of many.
A bullish position in United Parcel Service (NYSE:UPS) is the right balance between consumer and business spending.
One name you should not lose sight of amid the SPAC boom is Hyliion (NYSE:HYLN).
As I took over Profitable Investing a few years ago, I looked at Microsoft (NASDAQ:MSFT). Back then, the company was stuck in its old business model of selling units of software and was dependent on PC sales. Revenue growth was marginal.
In mid-September, the true leader of the Shroom Boom -- COMPASS Pathways (NASDAQ:CMPS) -- finally came public via an IPO that was a huge success.
The Very Good Food Company is an $80 million, relatively unknown Canadian vegan meat company that is absolutely killing it on Canada’s west coast right now -- and which has expansion plans in place to hopefully replicate that success throughout the U.S. over the next few years.
Now is the perfect time to collect on Nike (NKE) with another put write, and we think a few things are supporting the retail sector that will help the stock along.