Three Stocks To Buy In November

       October was an interesting month, with just six trading days left we saw the S&P 500 drop about 6%, we saw Proctor and Gamble and Netflix slam earnings... We saw pot stocks blow up, then fall back on their faces...Facebook shares continued their fall and Snapchat is nearing a penny stock status.

       With that being said, it was a lackluster month for me- despite beating the market, my October stock picks are in the red. I have a return of -3.05%. But I have confidence that my month can be salvaged by Facebook earnings, which are being announced on the 30th. Etsy, on the other hand, has bounced back with an increase of 10% since hitting its rock bottom on October 11th. I was able to reiterate my position with both of these companies and average down. I was pretty happy with the small correction.

         Aside from buying more shares of these companies while prices are still low- I am also looking into some new companies as well.

1. Visa (V) 

No need to over think this one. Visa is up 31% in a year span and it sitting at a $140 price mark. Visa, is a financial service corporation that facilitates electronic funds transfers. Contrarian to common belief- Visa does not actually issue cards, set rates, or extend credit to users. Instead- they provide financial institutions with Visa-branded payment products. In 2014 they processed over 100 billion transactions for a total volume of 6.8 trillion.

Being the leader in this space is no surprise when you look at this companies financials.

Since 2014 we have seen a 214% increase in assets, 23% increase in net income, 44% increase in revenue and a 50% increase in gross profits.

2. GoDaddy (GDDY) 

This is going to be my spec stock going forward. I dedicate a small section of my portfolio to unproven companies that don't have a long track record. They generally make up less than 5% of my portfolio. This is that stock, GoDaddy is a domain registrar and web hosting company that helps people and companies get a connected to the web.

But the reason I call this stock speculative is because it's up 70% in the last year despite being profitable for the first time ever. But being profitable does not seem like it was just a fluke. They have been trending in the right direction for years.. for four years in a row they have become more profitable than the last, raising revenue and racking up cash and assets.

On top of their own revenue growing- they have more than quadrupled their short term investments. I really like the direction this company is headed. I will be purchasing shares on every dip.

3. Alibaba (BABA) 

I rode Alibaba few a short swing earlier this year and made a pretty penny on it. Thankfully I got out before it sank like a rock in water. For those that don't know- Alibaba is kind of like the Amazon of China. They have their hand in a ton of different business'.

They are involved in music streaming, video streaming, video games, online payments, cloud services, mobile messaging, ride share, retail outlets.. the list goes on an on.

I'm buying this stock because it is severely undervalued in my opinion. I don't want to get into this stock with a time frame.. but rather a price target. I would like to buy some shares around the $148-155 range and get out around $200-210.

This stock- like Amazon will have a massive boost from their cloud services.

1 comment:

  1. It’s appropriate time to make some plans for the future and it is time to be happy. I have read this post and if I could I wish to suggest you few interesting things or advice. Perhaps you could write next articles referring to this article. I desire to read even more things about it!


Reiterating My Bearish Position on Netflix

        The biggest news in the stock market last week was revolved around Disney (DIS) and it's unveiling of Disney +. A video streami...