These 34 Trending Stocks Make Products You Use Everyday
Companies are all around us, facilitating the way we live and producing products that we want. These top companies have such a huge reach that we have all at least interacted or used their services at one point or another in our lives. If not, then you surely know that someone that has!
Shopify Inc. (SHOP-T)
The e-commerce giant that offers a platform for webstores. They are one of the most popular platform and facilitates the interaction between shoppers and sellers. As e-commerce becomes more and more ubiquitous, you will be using Shopify without even knowing it.
Very good company, but share price valued fairly.Will be a good long term business.Recommends buying on weakness.
Mastercard Inc. (MA-N)
The move away from cash and into digital currency has been a boom for Mastercard. We all have at least one person, if not many, who have a Mastercard credit card.
MA vs. V He prefers Visa, but both are good. MA gives more international exposure, so maybe a bit more growth. Defensive business models. Moving to the Financial sector of the S&P 500, so it will boost performance of that sector.
Netflix Inc. (NFLX-Q)
Netflix is the online streaming service that most people know and use. They are starting to focus more on their in-house content which has won awards and keeps subscribers.
Two analysts just hiked their price targets around 20% Shares are already up 37% YTD, though 40$ below all-time high. A clear-breakout and likes the momentum. The PE is lower than other streamers, like Disney. Password-crackdown is working. This could hit $500 with this momentum.
Visa Inc. (V-N)
If you have a credit card, chances are you have at least a Visa. Along with Mastercard, Visa is the most recognized name in the credit industry.
Cross-border travel is a big component of revenue, and this will continue. Fees are coming under pressure, but it's a toll booth. Not a ton of overhead. Once the payment networks are in place, very hard to get off. Trend is away from cash. Increased fraud management and security alerts help solidify loyalty to the…
Everyone has a Facebook account know and the numbers are still growing, counting 2.4 Billion users. The company has faced some data security concerns and other scandals but this social network is not about to go away anytime soon.
It is one of five or six stocks that are driving the sector. It is up 44% on a one year basis and is maybe overbought. You could start trimming and sell half now. Don't buy today because there is resistance at this level. It is part of the long term AI trend. The technical…
Alphabet Inc. / Google (GOOG-Q)
For a lot of people, Google is the door to the internet. It has become so well-used and well-loved that it’s not uncommon to hear people say “Let me google that”.
Allan Tong’s Discover Picks Alphabet is known for pouring significant capital into R&D, so they will likely master ChatGPT and even make further inroads in AI, but the market will need to wait. In the meantime, the numbers have been mixed at Alphabet, with GOOG missing three of its last four quarters. Its PE has…
The iPhone has been a staple in Apple’s line and has been their key product for some years. If not an iPhone, then you might have a Macbook, or you’ll know someone who has both. Apple products are everywhere and they have a loyal following.
It's moved from strength to strength and steadily higher. Buying back stock, so earnings tend to go up faster than actual earnings growth. FMV is way below, common with many growth stocks. As long as we remain in this bull market, definitely continue to hold.
A majority of people learnt to use the internet on a Windows machine and they continue to be a part of our everyday life. Their office suite is standard in the workplace and most people will be familiar with Microsoft.
A top 5 holding for him. Led the charge in generative AI. He trimmed when it approached his price target of $338. Good entry points are $325, 315, and 300. Doubts an entry below $300, as it has so many horses in the race. He has a 3.5% weighting. If you don't want to trim,…
Activision Blizzard (ATVI-Q)
An American video game production house. If you’ve ever played World of Warcraft, Call of Duty or Candy Crush then you’ve come into contact with Activision. They are one of the largest gaming companies.
UK blocks Microsoft's takeover MSFT will likely appeal and likely lose. The deal is probably dead. Also, the EU will weigh in. There's a $3 billion break-up fee for MSFT to pay ATVI.
It’s become more and more standard for people to call an Uber than a taxi. This revolution of ride-sharing was pioneered by Uber. They have become one of the most well-known ride-hailing platform in the world.
He bought a small position before earnings. The stock made a great move when it did. He likes monopolies, and Uber has put a lot of cabs out of business and is taking market share from Lyft. There's more labour to drive their cars. Good CEO.
Uber’s competitor that offers ride-hailing services. If you’re Canadian, you could soon be using Lyft too as they have announced plans to explore the possibility of expanding here.
Lyft has consistently made up 30% of the U.S. ride-sharing market. Its Q2, released on August 4, boasted an earnings beat with adjusted EPS at $0.13 (on revenue of $991 million) vs. the street's -$0.04 (on revenues of $989 million). Lyft noted that ridership grew 16% over the past year to 19.9 million, the highest…
Square Inc (SQ-N)
The payment system is known for their ease of use and connectivity. For those who love food trucks, their credit card terminal is usually powered by Square.
Financial services & payments company (hardware & software).Current share price well down from highs.Recent short seller reports very hard on the business.Market concerned on viability of the company (no profits).Jury is out on the prospects for the business.
One of the major producers of chips that power our computers, phones and many other technological devices.
Advanced Micro Devices (AMD-Q)
They produce chips and processors that are used in a variety of tech that we use everyday.
He trimmed recently. Price target of $128, but lots of people have price targets much lower. Probably the closest competitor to NVDA. Can probably buy down around $110-112, and you'll do very well. See his Top Picks.
Hong Kong Stocks
Tencent Holdings Ltd (0700-HK)
The makers of Fortnite and many other games. Riot Games is one of their subsidiaries and is known for the League of Legends game.
(A Top Pick Apr 23/21, Down 39%) Fundamental story is very good. Political interference from the Chinese government has been difficult and made investors shed the name. Political interference from the US by potential delisting. Attractively priced now, but political risk is too high. Sometimes you make a mistake, and it's time to sell.
Dollarama Inc. (DOL-T)
Consumers love affordable goods and Dollarama is the hallmark dollar store that comes to mind for many people. They have been very efficient at providing goods for cheap and the customers love it.
Allan Tong’s Discover Picks Let’s start with this homegrown success story. Since February 2020, DOL has moved from $39 to $84 currently, close to 52-week highs. DOL has beaten or met its last four quarters, it continues to expand, it trades at a low 0.72 beta at 30.41x earnings. That’s lower than the 34x in…
Spin Master Corp (TOY-T)
If you have any kids, they must have some toys made by Spin Master. Etch A Sketch and Hatchimals are some of their most well known brands that have won awards.
Depends on growth rate. One thing they've struggled with is future growth. He needs to see serious levers for growth that make sense from a risk/reward perspective.
Restaurant Brands International (QSR-T)
Canadians love Tim Hortons and their roll up the rim has become somewhat of a tradition for many. Restaurant Brands also counts Burger King and Popeyes among their brands.
It has done well, but the valuation is not compelling. Shares are always too high for him. Yes, Restaurant is picking up after Covid, but consumers are cutting back on discretionary purchases like coffee.
Under Armour (UA-N)
The sportswear company has capitalized on the athleisure trend and you can’t leave your house without seeing someone wearing their clothing. The company is going through a multi-stage change and are turning around the business.
Stockchase Research Editor: Michael O'Reilly Analysts were disappointed with recent earnings falling below expectations and the market has given the stock a haircut, but we think the worst is over. High inventory showed demand was not as aggressive as thought. A new CEO is leveraging their online digital expertise to expand sales going forward. Cash…
The go to e-commerce site that dominates online shopping. They also offer AWS which is used by many websites and internet companies. Amazon continues to diversify and grow, and their fundamentals are strong.
They've cut jobs and just announced will cut 37 projects in development. Good, because they had some expensive ones, and overall this will lower costs. Also, he think the shop-in-person trend is waning; it's easier and cheaper to get Prime to ship stuff to your home.
Starbucks shaped coffee culture around the world and is one of the most recognized coffee shops. They have been loved for their personalizable coffee and grab and go meals.
Outperforming. Bottomed last spring, not last October. Extremely well managed. Widely recognized brand. $36B expected revenue for this fiscal year. Beat revenue and earnings expectations. Stock drop of 9% yesterday is an opportunity. Expanding in US and China. Growing digital space. Yield is 2.02%. (Analysts’ price target is $114.39)
Walt Disney (DIS-N)
Children love the characters and worlds that Disney has created. With the purchase of Marvel, Disney is well-positioned for their upcoming streaming service. They also own and operate the ABC broadcast network, and various theme parks around the world.
(A Top Pick Sep 23/22, Down 12%) Streaming continues to lose money. Very good content that can be applied to movies, travel, and products. Covid has created a lag, but momentum will come back. Spinout of ESPN should bode well. He'd add if it dropped lower.
Nike Inc (NKE-N)
The company has become a symbol of athleticism and sports. They’ve also broken out into the fashion movement, with many models and collectors snapping up their new collections.
Shares popped last Friday on news of China's stimulus plan, and Nike has a strong business in China. Nike could benefit, but shares could fall if that stimulus plan falters.
Walmart Inc (WMT-N)
Walmart has been doing well and is keeping up with Amazon in the battle for retail shoppers. The big box store is continuing to bring in strong revenues and is investing in their e-commerce platform.
The question was comparing the two companies as an investment. Walmart is a very large blue chip company that is not growing quickly. He prefers Five Below which is growing faster. There should be a very quick payback in nine months. There is nothing quite like it. They have just under 1400 stores.
Dollar General Corp. (DG-N)
A well-known dollar store that gives customers a wide variety of choice without breaking the bank. Even in times of recession, these types of stores tend to do relatively well.
Dollar General Corporation has been delivering value to shoppers for over 75 years. dollar general helps shoppers save time. save money. every day!® by offering products that are frequently used and replenished, such as food, snacks, health and beauty aids, cleaning supplies, basic apparel, house wares and seasonal items at low everyday prices in convenient…
Dunkin’ Brands Group (DNKN-Q)
America’s coffee and donut house. They are part of millions of people’s days, serving up coffee and snacks.
Today, the New York Times reported that a private entity wants to buy Dunkin'. Some felt that this stock was already overextended, but he disagrees. Their track record in acquisitions is fantastic. It has survived while peers have fallen away.
Nintendo Company Ltd. (7974-TYO)
Nintendo has become an integral part of childhood for many with the Wii and the Switch consoles enjoying widespread popularity. The company has strong franchises and characters that everyone would recognize and love.
A misunderstood story. Interesting valuation. Latest movie has done quite well. Always looking for ways to diversify revenue stream. Recurring revenue has boosted operating margin from 6% to over 30%, and that could continue to grow. 12x earnings, $13B in cash. Yield is 2.28%. (Analysts’ price target is $11.21)
Johnson & Johnson (JNJ-N)
A giant in the healthcare and health tech space. If you’ve ever used a band-aid or other home treatments, chances are it was made by Johnson & Johnson.
World's largest and more diverse healthcare company.Excellent for long term investors.Current share price a good time to invest.Owns shares in company.Excellent business model with strong balance sheet.Steady revenue that is recurring.
Pfizer Inc (PFE-N)
One of the world’s largest pharmaceutical companies. They produce vaccines, medicine, and other healthcare products. Just how present is Pfizer in our everyday life? If you’ve used a chapstick, then you have used a product by Pfizer.
Some earnings growth and resistance from a recession. You need defense as the banks continue to raise rates, as he expects. A good drug pipeline. 11x forward earnings and pays a 4.4% dividend. Hold lots of cash from their Covid sales. (Analysts’ price target is $46.83)
Merck & Company (MRK-N)
Another of the largest pharmaceutical companies in the world. They research and market a variety of medicine, vaccines, such as Gardasil, and other over the counter medication.
They're holding an investor event on Monday. They bought a company to bulk up their autoimmune pipeline, but he expects the meeting to focus on their oncology drug, the best in the business.
An aircraft maker that we recently featured on our list of Airline Stocks List. They bought the CSeries program from Bombardier last year that should create more lightweight planes.
Allan Tong’s Discover Picks Still, there are some caveats: Airbus’ beta of 1.66 makes the stock vulnerable to sudden market downturns. The stock current trades at 28.3x PE, above its five-year average of 25.64x. Also, EADSY is trading within $2 of its 52-week high of $35.52 at levels not seen since January 2020. The ongoing…
The aerospace company has been down since the 737 Max crash but they are in a duopoly and demand for transport is strong. It will not go up in the short-term but worth holding.
The company will get it together eventually, but gradually and not smoothly, because Boeing has so many troubles. Travel remains strong. Be patient.
One of the best positioned to take advantage of the e-commerce business and ship products to customers. It tends to go the way the economy goes. We featured FedEx on the Top Shipping Stocks to Buy in 2019
United Parcel Services (UPS-N)
If you’ve ever received a package from an online retailers, chances are you had some interactions with UPS. They are also a leader in supply chain management solutions.
Fedex vs. UPS (FedEx just reported a strong quarter) How long can both keep cutting jobs until they can't cut anymore? FedEx retained pricing power with ground revenues up 7%. Interesting. How long can they maintain this edge as we enter a recession.