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.
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.
ST Microelectronics Code EPA:STM bought for 42.1 EUROS ST Microelectronics is a French chip maker. It is backed by several european countries (including France) to ensure Europe’s sovereignty in the chip supply. Chips are used everywhere they are at the center of a lot of industries: electric cars, planes, sub marines, IOT, etc… STMicroelectronics is pretty robust. Covid has introduced supply chains disruption all around the world and STM managed to deliver steadily those last 2 years. It is positioned to see good days ahead.
MELEXIS Code EBR:MELE – bought for 90.64 EUROS Melexis is also a chip maker. They are positioned to do wonders in the electric cars space. For every car produced worldwide, they had on average 13 chips onboard. The number has increased to 18 chips at the end of last year with revenue progressing 27% year on year. Those are great signs that they are on top of the game.
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.
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.