Top Stocks to Buy....November Edition

-
     Black Friday. That is one of the most cared about days of the year other than Christmas because that's where parents gets the best deals and is probably where most of the gifts you got for Christmas came from. Black Friday is also one of the most cared about days of the year, as you can see by how many ads are on TV, for retail companies too because that is when they make huge profits compared to the rest of the year. I got you covered for November because all the profits you can make with my help could be used towards helping you get your Black Friday stuff. These are my top recommended stocks.

1. Nike Inc (NKE)- Nike is one of the most popular apparel and footwear brands and has continued to stay that way by attracting teenagers and adults with their constant production of new trendy clothes and sneakers. They took a hit, dropping more than 7%, in the middle of October down to $89.48. With Black Friday coming up and their high popularity, their revenue is going to get a huge bump while teenagers get the newest shoes. Knowing that Nike would probably produce strong sales after Black Friday and Cyber will outcome to big increases in their stock makes it look very attractive and right now would be the best time to take advantage of their stock drop.

2. Netflix(NFLX)- November means it is getting cold which means who doesn't want to snuggle up in a warm blanket and watch Netflix with your family. Netflix is one of the largest streaming platforms with popular TV shows such as Stranger Things. Even without looking at the number, I can feel the potential of them doing well because most of my friends and classmates use Netflix a lot and always talk about the Dwight from the Office. The popularity of Netflix at my schools can probably gauge the popularity in schools nationwide which means...huge profits!!! which shows a huge upside of its future. The Netflix stock price was around $281 which was caused from the stocks major decline the past few months which sets it up at a pretty reasonable price and is prone to major growth from its popularity.
 *Note- Netflix has now risen to $330 as of January 7, 2020
3. Groupon Inc(GRPN)- Who doesn't like getting coupons and good deals for stuff? Groupon's coupon selling and allowing retailers offer discounts on their site will let is always going to attract people because who doesn't want a good deals. Even though Groupon didn't meet the 3rd Quarter Earnings expectations and caused their stocks to decline, it could actually turn out beneficial because the lower price gives a good opportunity to get into their stock. Also their revenue should increase from the large amounts of people who want to grab deals on their site on Black Friday before they run out.

4. Amazon.com Inc(AMZN)- Amazon is one of the most well known companies and they have almost a 50% share of the ecommerce market in the United States. They sell a variety of items from food to phones, and they especially attract large amounts of consumers over Black Friday through their Alexa smart speakers, Fire TV, and many other Amazon products. With Amazon announcing that Disney+ will be available to watch on the Fire TV, this will help increase the popularity of the Fire TV because of the convenience that they offer such as being able to also use Netflix and other streaming services on their and the large fan base of Disney. Also Amazon's price isn't too high and is at $1,788 which is almost less than $300 from their price back in July which allows more room for the price to increase.

5. Walmart Inc(WMT)- Walmart is one of the largest retail companies with stores all over the country. They have improved their service a lot in order to compete with Amazon such as having free 2 day pickup at many of your local stores and being efficient in using workers by having a machine hold all the items that people can access in order to pick up online orders. All these nice benefits have helped Walmart save money on using less workers and also attracted more consumers with the convenient 2 day pickup and unlike Amazon, it doesn't need a membership to take advantage of free pickup. With them also consistently beating expectations of their quarterly earnings, they are poised to also beat their quarterly earnings which is supposed to be released next week. If they beat their earnings, Walmart stock could increase up to 10%. Also with Black Friday is coming up, you already know what I am going to say, their sales are going to increase a lot from the large assortment of discounted products that they sell on their website and in stores.

*note- Some of the information comes from my research spanning from October to November.

Comments

Post a Comment

Popular posts from this blog

Is Iron Mountain Inc (IRM) a safe stock to invest in?

-
Image
  In the wake of the pandemic, people are using technology more than ever whether it is zooming at home or watching Netflix. Consequently, all these technology companies collect data from users in order to help improve their experience or even sell it to 3rd parties. Gathering all this data means that companies have the responsibility to protect the consumer by keeping their data safe from hackers or other entities.  Iron Mountain Inc(IRM) is an international company that "stores, protects and manages, information and assets". Over 7,500 companies use the services provided by Iron Mountain and out of the 7,500 companies, a majority of the companies are in the Fortune 1000. As the world becomes digitalized, more companies will need to use the services provided by IRM which will help their future sales and show that they have the demand in the future.  With a juicy dividend yield of 5.78%, it has similar dividend yields of oil companies, but without the volatility of o...
Read more

Does heavy spending by Oracle signal long term upside?

-
Image
  Oracle (ORCL) has recently increased its investments while many other technology companies right now are cutting down their investments and playing it safe. Oracle is a database and cloud software company based in Austin, Texas, and its main competitors in the cloud industry are Amazon, Microsoft, and Google.  Back in June, Oracle purchased Cerner Corporation, a healthcare records company for roughly $28 billion with the hopes of strengthening its cloud services. Although Oracle only makes up 2% of the cloud market, Oracle aims to compete with Amazon, Microsoft, and Google by building smaller data centers in more regions (Statista). By doing so, Oracle currently has data centers in 40 regions which is almost double the amount AWS has.  Expanding data centers does come at a cost since Oracle has spent over $2.44 billion in capital expenditures during the 2nd Quarter which is a 163% increase in their capital spending. The increase in spending has put Oracle as #1 for the ...
Read more

Micron Technology: One of the Biggest Hidden Stocks of this Year

-
Image
I believe Micron Technology(MU), a semiconductor producer, is a good investment because there is a long-term upside to the stock. Top U.S. semiconductor companies like AMD outsource their semiconductor manufacturing to Asian countries like China, but the U.S. and China’s relationship has soured which is causing the U.S. to focus on production here. To boost U.S. chip manufacturing, Micron has received a subsidy from the Biden administration which has allowed them to expand their market share in semiconductor production by investing $40 billion into building more chip-making factories in the United States. With U.S. companies focusing on buying semiconductors in the United States, Micron's large market share will help them sustain long-term growth in sales. Subsequently, it will boost investor confidence in the stock which will lead to stock gains. Although Micron’s stock has dipped in the past year due to a decrease in computer demand caused by lifted lockdown restrictions, this pr...
Read more