These 34 Trending Stocks Make Products You Use Everyday

They are really delivering, and are stealing some shares from Amazon. Management is good. It's a huge success story in Canada. As a conservative investor, he would need to see higher growth continue for many years to justify its current valuation. He can see reason to be bullish but he would not personally buy it…

MA vs. V Both too expensive. Trading at double market multiple, which is extreme for what they offer. Stepped aside because of valuation.

Allan Tong’s Discover Picks The smart money would’ve bought this during the height of the lockdown in late-March when Netflix touched $300. Now, the subs don’t support the stock price. That said, Netflix will continue to dominate the streaming space, so shareholders could hold for the long term, add on even deeper pullbacks or take…

V vs. MA Both too expensive. Trading at double market multiple, which is extreme for what they offer. Stepped aside because of valuation.

FB has many levers to pull. Their platform is only partially monetized. Small/medium-sized businesses have been adding services in droves; FB could become a commerce website is significant. Their platforms all have massive user bases. The stock isn't technically stretched now. Sure, there are worries over regulation, but regulation would take years to happen. Now…

Online advertising is a continuing trend. She's chosen Alphabet instead of FB, which has to keep spending money to deal with these regulatory issues. You want a very strong balance sheet. Alphabet has net cash, so they have more cash than debt and can fund their own growth.

It is their largest position and have held it for a long time. He would continue to buy it. The trend are favourable for this business. The best company in terms of market capitalization and cashflow. He feels it is still undervalued.

The most predictable large-cap tech stock. MSFT has an incredible platform of enterprise large- and mid-sized customers. The cloud business will continue to grow 35-40% for several years, while MSFT's software continues to be a key driving. Their webcasting business has performed well, and they can continue monetize LinkedIn. They have a lot going for…

They have enjoyed record setting sales, has release some great new games, and has a long runway ahead of it. He would rate this a buy.

For the long term The big money has already been made here by private equity investors. But Uber is still growing as a duopoly (with Lyft). It's breaking even on an EBITDA basis and not losing money as some think, but Uber Eats is losing money. Uber enjoyed double-digit growth before the virus, and will…

Lyft vs. Uber Technically, the better time to get in is when they start to show positive divergences. Hint of that, but it's not conclusive. No analysis to show that one is better than the other. Suspect they'd follow the same seasonality as technology. Wait until you see signs of selling exhaustion, which is not…

(A Top Pick Jun 24/19, Up 42%) This is an example of frothiness in the market. Despite being up more than 50% this year, their earnings outlook for 2020 have been cut in half and by 25% for next year. This company has become detached from fundamentals. It is over-price. He sold it last month.

He doesn't hold any chip makers, and he feels he has missed out. He would stay away from Intel and it has gone nowhere recently. He prefers NVIDIA or AMD.

AMD is the chip company that has always been the poor #2 to INTC. He would prefer INTC as it has less volatility and it holds a large cash reserve. In this environment, focusing on companies with minimal debt is important.

Ties to Chinese government? He does not own any Chinese listed stocks for fear of potential US de-listing. The issue is that you do not own the actual company, you own a "variable interest entity" -- a proxy for the underlying stock. If there were an issue that Canada came into conflict with China, your…

This segment will likely come out of this doing well. They will benefit from increased consumer thriftiness. He has others out there he prefers in this market segment, where growth opportunities are better.

(A Top Pick May 06/19, Down 59%) They stumbled with a new distribution system in North America and their supply lines from China were totally disrupted. The balance sheet remains strong, so they will survive, but how long will it take for them to recover? When will stores reopen? He's holding on.

You can make a bullish or bearish case for this. He's trying to be more cautious and doesn't believe they are out of the woods yet. Management has done a good job during these trying times. If you can deal with volatility, it could be a good choice. There is market risk but they have…

(Past Top Pick, May 10, 2018, Up 20%) Volumes are rising, the stock is coming alive and there's plenty of room for this stock to regroup. Those who have owned this since it's drop of the past few years will hold on now that it's starting to climb again, so they can get their money…

Walmart? It's made great strides to compete with Amazon with next-day delivery. He'd still prefer Amazon, but Walmart will continue to do well. Discount retailers will. Amazon could pull back in this earnings period.

They closed down many stores during the pandemic. During the openings now it's tougher to walk in and get a coffee. They've had stops and starts. However, coffee culture won't go away and people will go to Starbucks. SBUX has reduced earnings numbers and the PE will decline. There's still global growth in this company,…

He used to own it, but sold it. There were worries about theme parks, cruise ships and movies. These worries have not passed. The Disney+ is doing well and they have good licenses. If the theme park business was spun out and covid disappears, it could be a good pick.

They're moving towards direct-to-consumer like Nike branded stores and through e-commerce which will increase their margins. This cuts out the middle man, like department stores. Their online presence is already good. The lines at malls at their stores are always long. This should be a great stock for the coming decade. (Analysts’ price target is…

It's made great strides to compete with Amazon with next-day delivery. He'd still prefer Amazon, but Walmart will continue to do well. Discount retailers will. Amazon could pull back in this earnings period.

DOL vs Dollar Tree vs. Dollar General He likes Dollar General for its location and execution. Doesn't like Dollar Tree because their locations are in urban centres where there's too much competition. He prefers Dollarama over Dollar General, but likes DOL, but many DOL stores are inside malls, which is a problem now (malls are…

New openings? His research suggests they are doing extremely well. He is not sure about new openings in the West. It is just like the Tim Horton's brand in Canada. Their success is based on their cheap coffee and customer loyalty.

Not a big fan of branded technology. A product launch story where you get a big upsurge in revenue (like EA) and they have to carry a lot of cash. A volatile cycle that moves too much for his taste.

Owns JNJ instead of Pfizer, because she likes its diversity, and its product pipeline is strong. PFE has a strong balance sheet, but JNJ's is stronger. JNJ's medical device side is recovering nicely, plus they were able to give guidance at a time when many companies can't.

Trades at 14x PE and pays almost a 4% dividend. Tailwind is them working on a COVID-19 vaccine, like all its peers. They have a strong backlog of drugs that will come to market. No headwinds politically which is good.

You'd need to have a Democratic sweep in the upcoming election to have an effect on Wall St. Has a 3.2% yield. Great pipeline of drugs. 8% growth rate. Lagged healthcare the last little while, as most money has gone to Covid treatments. Continues to hold.

(A Top Pick Aug 19/19, Down 46%) He still likes it. He doesn't know when air traffic will resume, including business travel. A vaccine or herd immunity will encourage travel. Boeing, their biggest competitor, is still struggling with the 737 Max. Hold onto this, because when air traffic returns this stock will easily triple. (Stay…

The company is burning through cash and he would not buy any aerospace company right now. They will need a vaccine before a return to normal. Business travel is huge for them and he does not expect it to return as before. Leisure travel should recover fine, but right now is not the time to…

Watching it. Has had a rough couple of years. Acquisition in Europe had issues. You'd think that Fedex would benefit from Covid, but it didn't because their focus is business to business. Starting to turn around. It's cheap, but has disappointed many times. E-commerce will continue to grow and should benefit Fedex. If you own…

Allan Tong’s Discover Picks Though not widely regarded as a dividend stock, UPS's 3.53% does offer some stability, driven by the surge of e-commerce during this lockdown and extending into the current reopening. Read Best Dividend Stocks Canada for our full analysis.