Allan Tong’s Discover Picks Up 40% since September 23, 2020. There’s little to suggest that Nuvei will buck this pattern. Don’t get me wrong—I like Nuvei’s prospects and I’m watching it. Based on its lone quarterly report so far, issued last November, revenue increased 32% YOY, and adjusted net income was $16.5 million vs. $2.2 million the year before. The company suffered a net loss $77.9 million compared to $65.7 million YOY, but this included $83.4 million in finance charges from the IPO. Furthermore, transactions from merchants rose 62% YOY (from $7.1 billion to $11.5 billion), while earnings are expected to rise 84.4% per year. Good numbers. NVEI also beat its Q3 2020 EPS by 29 cents. Read 2 Successful Past Picks: Nuvei & Medtronic for our full analysis.

Allan Tong’s Discover Picks Up 14.68% since August 18, 2020 MDT was trading at $101. It has since climbed as high as $122.15, but now lockdowns are delaying elective surgeries, and the stock is starting to wobble around $117. Keep an eye on this, because continuing lockdowns and a general market pullback would make this a buy again. Right now, MDT is pricey, trading at a 43x PE, which is nearly double from last April and the highest level in 12 months. Its divvy pays nearly 2%. Analysts target the stock at $129.26, based on 17 buys and three holds. Read 2 Successful Past Picks: Nuvei & Medtronic for our full analysis.

Allan Tong’s Discover Picks Tesla stock skyrocketing 676% (YTD through Dec. 21). Tesla performed so well that it graduated to the the S&P. Tesla stands at an astronomical 1,317x.After all, Tesla is currently operating on a -3.51% profit margin. Read Battle of the Stocks: Proven Tech Stocks to Buy in 2021 for our full analysis.

Allan Tong’s Discover Picks Apple stock soaring 75%. However, Apple stock trades at a 39 x PE. The company just announced that it targets 2024 to produce its own self-driving car, thereby muscling into Elon Musk’s territory. Literally fueling this vehicle will be Apple’s own “next level” battery. Similarly, Apple is boosting its game in semiconductors, which is sending Nvidia and Intel shares down. Read Battle of the Stocks: Proven Tech Stocks to Buy in 2021 for our full analysis.

Allan Tong’s Discover Picks I don’t see the Netflix stock returning to its high of $575 in the coming year. I mean, what’s the catalyst? The leave-your-home trend will pressure subscriber numbers. Expectations have been too high; witness how Netflix stock has missed its last three quarters, all taking place during the pandemic. At best, Netflix stock will be range-bound, hovering below and perhaps above $500 in coming quarters. Read Battle of the Stocks: Proven Tech Stocks to Buy in 2021 for our full analysis.

Allan Tong’s Discover Picks Disney, on the other hand, is more diverse. Shutdowns of its theme parks and cruise line hurt their bottom line, but their streaming service keeps knocking it out of the park and will make up that shortfall. Also, the House of the Mouse will raise subscription fees in the new year. More revenue. With the kids stuck at home this winter, subs should hold strong for a while longer. After Memorial Day, though, those numbers may plateau or start to decline, but then Disneylands around the world will re-open. The streamer, Disney+, may take a hit, but the theme parks will absorb it. Read Battle of the Stocks: Proven Tech Stocks to Buy in 2021 for our full analysis.

Allan Tong’s Discover Picks Uber stock hit an all-time low of $25.58, a brutal 43% plunge below its IPO price. Uber stock didn’t return to $45 until the first week of November. Since then, the driving-service company has performed well, touching $55 on Nov. 30. In fact, it’s doing too well, and I suggest buying this on a 5-10% pullback. Read The Truth About ABNB’s Worth and Caution on IPOs for our full analysis.

Allan Tong’s Discover Picks The future of Zoom looks less rosy. Since hitting $568.34 on Oct. 19, Zoom has plunged 29% to just below $300. The Nov. 10 close of $376.01 suggests a floor, but each time there’s positive vaccine news, ZM takes a hit. Will people continue to use Zoom in 2021’s reopening? Yes, but not to the degree as they are in 2020. That’s my bet. Read The Truth About ABNB’s Worth and Caution on IPOs for our full analysis.

Allan Tong’s Discover Picks At the start of the pandemic, the company’s valuation stood at $18 billion (all figures USD). Then, the IPO was going to be priced at $56-60, which meant a $28 billion valuation. So far so good. Then, the company bumped up the debut price to $68. At the end of its IPO, ABNB was worth $101.6 billion. It’s reasonable to expect that Airbnb will thrive in next year’s reopening and it’s fair to expect tourism to bounce back (huge, I think). However, Airbnb never turned a profit before Covid, and in fact has accumulated $2.1 billion in losses since its 2008 birth. The company reported $697 million in losses during the first nine months of 2020. Read The Truth About ABNB’s Worth and Caution on IPOs for our full analysis.

Allan Tong’s Discover Picks NTDOY stock pays a 2.81% dividend yield and trades at a 17x PE, compared to 27x a year ago. Activision Blizzard pays only 0.51% and trades at nearly 24x. The Home of Mario does face competition from the PS 5 and the Xbox, but these are nothing new. As of this writing, NTDOY stock is trading $4 below its 52-week high, and it’s reasonable to predict that it will break that level this winter. Game on. Read 4 More Alluring Gaming Stocks for the Win for our full analysis.

Allan Tong’s Discover Picks TTWO itself warns that its revenue will flatten and net income to decline 4%, although net bookings could increase 5-9%. Further, TTWO stock trades at a 44x PE, higher than its peers, and doesn’t pay a divvy. As of this writing, the stock is making a 52-week high of $184, though the entire space is rallying too. This is just $7 shy of its price target. TTWO stock will likely reach that, but I don’t see much upside here. That high PE gives me pause. If you own this already, take come profits. Otherwise, there are better gaming stocks to play. Read 4 More Alluring Gaming Stocks for the Win for our full analysis.

Allan Tong’s Discover Picks TCEHY stock pays only a 0.2% dividend and trades at a high 56x PE. Well, that’s high by video game standards, but minute compared to Amazon‘s 92x. Then again, Microsoft—which owns a small interest in games—trades at 34x, and TenCent’s own PE a year ago stood at 37.44x. TCEHY stock is trading less than US$6 below its 52-week high of $81.35. Read 4 More Alluring Gaming Stocks for the Win for our full analysis.

Allan Tong’s Discover Picks ESPO ETF pays only a 0.13% dividend and the MER charges 0.55%. Also consider that ESPO ETF is currently trading at all-time highs around $68. YTD, this ETF has popped 73%. Can it rise more? I think so, but it’s moved $9 in the past month and may be running ahead of itself. Wait for a pullback. Read 4 More Alluring Gaming Stocks for the Win for our full analysis.

Allan Tong’s Discover Picks The PE of ATVI of 27.42x hasn't been this low since late-2019. On June 30, the PE was 37.57x. As of Cyber Monday's close of $79.48, ATVI stock is trading right at its 50- and 200-day moving averages. It pays a dividend of 0.52% at a low payout ratio of 14.39%. (It should be noted that video game stocks are not for income investors.) The profit margin is nearly 29%. Read 3 Epic Video Game Stocks to Play! for our full analysis.

Allan Tong’s Discover Picks EA stock remains profitable at 23.5%, though lower than ATVI's. Also like ATVI, EA's managing is betting on mobile gaming to grow the company. CFO Blake Jorgenson said that the company is “increasing the number of mobile titles we have in development.” Meanwhile, mobile games enjoyed a rise of 32% in bookings in Q1. Meanwhile, franchises like Madden saw a 140% spike in players YOY in fiscal Q1. Read 3 Epic Video Game Stocks to Play! for our full analysis.