Five Stocks For Millennials!

Right now, the oldest millennial is 37 years old, and the youngest is 22.

At this point in life, you have many, many years ahead of you!

I know that a lot of millennials have reservations about investing in the stock market.

I understand that a number of you watched your parents, or other family members, suffer greatly financially during the Great Recession.

You watched large banks like Washington Mutual and Wachovia go under. You may have heard about the demise of Lehman Brothers and Bear Stearns. Those of you on the older end may have witnessed these events firsthand, as you entered adulthood and held your first jobs.

I must admit I’m a Gen Xer, and never in a million years did I ever think I’d see those banks go under.

That being said, though…

The stock market is still the best place to build long term wealth. The facts bear it out.

If you start young, and aggressively invest over your lifetime, you can create tremendous wealth.

Here are five stocks you should look at if you’re a millennial. All are poised for tremendous growth. They’re all companies that you’re either familiar with already or that do business you’ll be able to relate to.

1. Square (NYSE: SQ): Square is a payment platform for small and medium sized businesses. It is also one of the leaders in digital payments.

2. PayPal (NASDAQ: PYPL): PayPal is the leader in online e-commerce payments. It’s also one of the leaders in digital payments.

3. Teladoc (NYSE: TDOC): Teladoc is one of the leaders in the emerging field of telehealth. Telehealth allows you to see a doctor without having to physically go there. You’ve probably taken advantage of this service, and/or know someone who has. It’s very convenient for less serious conditions, and it’s becoming very popular.

4. Editas (NASDAQ: EDIT): Editas is one of the pioneers in CRISPR CAS8. CRISPR is a promising technology that aims to not only treat, but cure disease by using gene editing.

5. The Trade Desk (NASDAQ: TTD): If you’r a millennial, you probably subscribe to Netflix, Hulu, and/or Roku. The days of generalized ads on these platforms are coming to an end. In the future, ads will be targeted to individuals, based on information gathered by artificial intelligence.  The Trade Desk is the aggregator of the ads that will be targeted.

To sum up: If your a millennial you need to invest aggressively.

Any one of these companies would make a good investment!

Disclaimer/Disclosure Statement: Information in this article is not intended to be a recommendation to invest in any stock.  Rather, it is presented for readers’ education and consideration when making their own investment decisions.  The author is long TTD.

My book, The Stock Market is For Everyone, is a short guide for the beginning, inexperienced investor that is easy to understand and can be put into action immediately.

Click the image of the book at left to be taken to its Amazon page.  (Disclosure: As a participant in the Amazon Services LLC Associates Program, I earn a small commission on each sale generated through these links.)

 

Ten Stocks With Very Bright Futures!

growth stock

As I mention in my beginners’ guide to investing, The Stock Market is For Everyone, when you’re looking for companies to become a partner in, you want to invest in companies that have a bright future.  We only care about what’s going to happen  – not what already happened.

With that in mind, here are ten companies that should continue to do well over the next 5 to 10 years:

Stratasys (NASDAQ: SSYS): Stratasys is a provider of 3D printing and additive manufacturing solutions for the creation of parts used in manufacturing.

The Trade Desk (NASDAQ: TTD): A technology company that helps businesses manage their digital advertising platforms more efficiently.

HubSpot (NYSE: HUBS): Provides a cloud-based marketing sales software platform.  The software helps customers attract people to their website, convert them into customers, and delight them, leading to new business referrals.

iQIYI (NASDAQ: IQ): One of the hottest IPOs this year.  This company has been called the Netflix of China.

Teladoc (NYSE: TDOC):  Not even doctors are immune from being disrupted!  Teladoc allows you to see your doctor without the hassle of having to go there.

Editas (NASDAQ: EDIT):  Editas is a leader in the highly controversial and exciting field of gene editing.  They are one of the pioneers in a groundbreaking new technology called CRISPR (pronounced “crisper”).

Axon (NASDAQ: AAXN): Axon used to be called Taser before it changed its name.  They develop, manufacture and sell conducted electrical weapons for use by law enforcement, military, corrections, and private security companies.

New Relic (NYSE: NEWR): A provider of enterprise software. The company’s cloud-based platform and range enables organizations to collect, store and analyze software data in real time.

Roku (NASDAQ: ROKU):  Operates a television streaming platform.  The company connects users to streaming content, enables content publishers to build and monetize audiences, and provides advertisers with the capabilities to engage customers.

Baozun (NASDAQ: BZUN):  Chinese e-commerce solutions company.  They help small companies start and build an e-commerce business.

If you’re looking for new investing ideas any one of these up and companies might be worth a look at!

Please check out The Stock Market is For Everyone, or reach out to me here, if you need help getting started in investing.

Until next time!

My book, The Stock Market is For Everyone, is a short guide for the beginning, inexperienced investor that is easy to understand and can be put into action immediately.

Click the image of the book at left to be taken to its Amazon page.  (Disclosure: As a participant in the Amazon Services LLC Associates Program, I earn a small commission on each sale generated through these links.)