NYSE:SHOP bought at USD38.29
Shopify has a strong offering and is used by millions of brands. I recently used Shopify to set up an e-commerce website and was impressed by the ease of use and how fast I could get started. I think this stock is going to perform well next year as more individuals are moving to online shops. It is currently sitting at USD 33.71 at the time of writing this article, which makes it a nice entry point.
ASX:GT1 bought at AUD0.40
Green Technology Metals (GT1) is a lithium exploration company that went IPO in October 2021. When I first heard about this company, I looked at who was the team that is running it i.e directors and the executive team who are all well experienced in the minerals/mining sector.
Lithium metal has grown in demand in the last 2 years and it is in very tight supply. I purchased GT1 at 40 cents a share on the day they went IPO. As per their CEO, “The results returned from our maiden hole at Seymour represent an excellent start to the Phase 1 diamond program.”
With lithium metal in demand, keep an eye out on the company’s aggressive progress as their program consists of drilling eleven holes to evaluate the potential along-strike and down-dip extensions of the North Aubry deposit, which are currently open and untested.
Stock picks November 2021
NYSE:DIS @ USD 153.31
Disney has a wide range of new and old franchises. While COVID hit on Disney parks revenue I think it is well positioned with its online offer of streaming services. Blockbusters like Star Wars and more recent series like the Witcher are driving new customers to the platform, particularly the younger audience which is hard to attract. The stock is relatively cheap and I think it could move around Christmas.
NASDAQ:AKAM @ USD 111.60
Akamai is a content delivery network (CDN) or cache provider used by millions of companies. Its services are used to reduce the bandwidth usage on many websites by serving cached version of the pages. It helps company in reducing their operating cost and preventing attacks. The stock is affordable and has the potential to go much higher. The reason I am buying it is because the company I am working for is using Akamai extensively which tells me that other large corporations are using it too. I used the same logic when I bought Cloudstrike, Workday , Okta, Google and Sumo.
NASDAQ:AMD @ USD 157.30
AMD has a wide range of chips used for a variety of devices and application. With the explosion of gaming and mining, AMD is positioned to deliver fantastic results over the coming years.
NASDAQ: ATVI @ USD 60.93
The rise of electronic sports will support growth for video game editors. Activision is a key player in the industry with titles like Call of Duty, Tony Hawk and Guitar Heroes.
Stock picks October 2021
ASX:Z2U AUD $5.35
Zoom2U is a great little gem. This recommendation is a little more personal. I use to work with a client in 2016 and had some questions around the IP of the software I was developing for them. A friend of mine, close to Steve Orenstein, Zoom2U CEO, gave me his number saying I should call him and ask my questions. I reached out to Steve to schedule a call without knowing who he was. He seemed a little bit surprised on how I got his phone number but helped me nonetheless. His advice led me to where I am now and I am grateful for that.
For me a CEO who takes time to help another entrepreneur is a great indicator to where his company is going. Z2U has a great business model and is addressing a real problem: parcel transit (and other services) using peer-to-peer delivery. Steve is really clever and is leading his boat in the right direction.
Their IPO took place the 10th of August 2021. It is still early stage and the right time to invest in a great start up.