Those crashed too, you just don’t have a realtime price for it. Here in London rent was cheaper by up to 40% last year.
Materials and labour are the biggest headwinds facing the construction industry in the short term. If inflation keeps on creeping up it’ll need a rate rise to deal with it, this will push up mortgage costs.
2022 should be alright for housing but I’m less confident about 2023.
Source - Work for a FTSE100 developer.
IONQ is a stock I like, Quantum Computing is the future.
I think Affirm to. Also today Barclays Adjusts Affirm Holdings’ Price Target to $175 from $140, and keeps it’s Overweight Rating. Which means Barclays thinks it will outperform other stocks in Affirms sector.
3 from my portfolio:
- Oatly (OTLY)
Down over 50% from its IPO highs. Not sure it’s a bagger within a year because of cash burn and negative net earnings. But it’s a no-brainer that dairy milk is extremely environmentally unsustainable and consumers will increasingly reduce their use of it. Dairy milk substitutes will be a huge growth area. Just extrapolating the amount of it used daily by coffee chains is huge. As many people don’t get on with soya products and nut milks are not the best for coffee, I think Oat milk is well positioned to be a major dairy milk substitute. Oatly’s cream substitute products are good too. For me, over 5 years this is a multi bagger.
- Tilray (TLRY)
Tilray, Inc. is one of the largest cannabis companies globally with reported revenue of $513M in FY21. Tilray is involved in recreational and medical cannabis research, cultivation, production, and distribution in Australia, Canada, Germany, Israel, Latin America, New Zealand, Poland, and Portugal.
In the US, cannabis remains prohibited but as of Oct '21, some form of medical cannabis is legalized in 43 US states. 32 of these states have decriminalized cannabis and there is growing support for its legalization amongst Democratic and Republican politicians. The SAFE Banking Act and The MORE Act are examples of this.
It will be slow but eventually the law will change. Now trading at multi-year lows, it may not be in the next 12 months but eventually this sector will achieve explosive growth.
- Desktop Metal (DM)
Now trading at all time lows, I believe 3D printing as an alternative to more traditional manufacturing techniques is a huge growth area.
- Eurasia Mining (EUA) if it hasn’t sold it’s assets by then that is
When does this start? Desktop Metal up 23% today…!
And for reasons completely beyond me I wouldn’t be surprised if we are sitting here December 2022 with Tesla shares at over $2,000
Think its going to start this properly in December. Can’t have that 23% not count in the game - I hope it counted in real life!
Yep, I’ll be making my guess pre New Year drinks Hard to guess now in case the stock grows huge before the start of 2022.
Most certainly counted in real life!
Just cashed out of DM. I know it’s a year long bagger competition but happy with 30% on a two week swing trade. Will buy back in on first daily oversold RSI once IWM consolidates and the growth equities follow suit.
$NET is up 60% this month. Not a bad suggestion from myself if I must say so
Cyber is doing well too
I’ll add NVDA and AMD. Am long on both (invested via HL ISA back in 2016) and recently after the stock split, picked up more NVDA via FT ISA. Only wish I’d bought more AMD.
Also agree with Affirm, am up 165% and only bought a few months ago.
Also Lucid and possibly Ford (which is up 118% for me). And ASTS, I want to pick up more but can’t till end of the month. Space based cellular broadband.
I am a huge fan of Alibaba.
They’ve got such strong financial position and are massively undervalued. A current ratio of 2 (or thereabouts) and where long-term debt is considerably lower than their working capital.
BABA is a great Chinese staple with many years of outstanding growth ahead of it in one of the biggest economies in the world. Indeed, China is said to overtake the United States in the near-future. I think that the political risk is overstated. China’s trajectory will mean it has play ball for international investment which makes me think that the holding company, ADR structured, President Xi … In fact, in many ways, I actually support the recent interventions by the CCP in the market-place.
I expect the stock price to languish in the short-term. The long-term will be great, I expect.
I had the same thoughts on Alibaba. Do you have any other stocks you’ve looked at recently?
I saw your other post on margin of safety, which is similar to how I think. I picked up some Rolls Royce, BP and Shell, and some airlines that I thought were trading at below their value, looking at things like PE ratio, Price to Sales, comparing it to their own historic values and their industries.
Possibly the hut group it is 204 currently it could easily be double in a year won’t help the people who paid 6 or 7 per share I suppose.
From my more speculative pot I could see Chewy/Roku/Docu taking a “covid is over” dip then doubling up as they move into demonstrating consistent profits and BAU growth. My worry is how much they dip before that happens.
From my normal pot, I could see Activision doing really well once they get past the Blizzard culture/staffing issues and make some good progress on the Diablo and Overwatch releases.
They won’t double but Transunion and Adyen are the other ones I expect good things from.
Edit: if we’re only allowed 1 entry per person, I’ll go DOCU
- Standard Lithium
- American Lithium
TLRY up 14% today. Just need the laggard OTLY to report an earnings surprise and i’ll have a hat-trick of oversold bounces.