Last month stock trading was brought into sharp focus when a group of like-minded retail investors on r/wallstreetbets took GameStop stock ‘to the moon’. This unprecedented move brought stock trading into the public discourse, encouraging hundreds of thousands of aspiring investors to take up trading.
If you want to find out the next company to be saved from hedge fund shorting, then r/wallstreetbets is the place for you. Alternatively, if you want to find out what 5 stocks to invest in right now for long-term gains, read on…
#1 888 Holdings
Share Price: 355.50 GBX
Gambling is a growing business and has been one of the few industries to thrive in the past 12 months.The share price of 888 Holdings – one of the leading online casino, poker and sports betting providers – has risen from 68.40 to 321.50.
There are encouraging signs of growth for 888 Holdings, particularly in the USA.In recent times laws against sports betting and online gambling have been relaxed at a federal level in the country. Over the coming year, more and more individual states are expected to take decisions to legalise both forms of gambling.
888 Holdings are ready and waiting to step into a freshly legalised online American market and when they do, their share price will rocket. If you want a long-term investment with as near to guaranteed growth as you can get, 888 Holdings is a great choice.
#2 Zoom Communications
Share Price: 336.65 USD
In January 2020, stocks in the company were going for as low as 73.09 before peaking at 559.00 in October of last year.
Bearing all this in mind, you might be forgiven for thinking that the time to invest in Zoom has come and gone. However, with the share price experiencing a brief lull it is probably the best time to invest in the company since last year.
Zoom won’t fall into obscurity, it is here to stay and will form a vital part of the business arsenal going forward. Remote working has taught many of us that lengthy trips into the office are not always necessary.
In the ‘new normal’, expect more and more people to continue working remotely and using Zoom on a daily basis. Invest now whilst the stock is experiencing a bit of a dip in form before it rockets back up in the coming months.
#3 Peloton Interactive Inc
Share Price:107.79 USD
Increasing numbers are now opting to do their exercise at home.
Peloton Interactive have stepped in to and bring quality exercise routines from the gym into people’s front rooms. The company’s interactive instructors offer home classes in cycling, running, walking, yoga, and strength training, keeping people fit and healthy.
The company proved to be incredibly popular with the public, seeing its membership numbers climb to as high as 4.4 million last year. This popularity encouraged the company to acquire Precor Inc, a fitness equipment manufacturer for $420 million.
As Peloton Interactive begins to use its acquisition of Precor to expand their fitness offering, expect their share price to rise steadily.
#4 Axon Enterprises
Share Price: 148.43 USD
The company provides cameras, energy weapons and software that are designed to help law enforcement and have been clocking annual revenue growth of 20% plus for the last 6 years.
The last year however has rapidly accelerated the company’s growth as the public appetite for more transparency from their police forces has grown all around the globe. Axon body cameras are being used to provide context to arrests and give the public an idea of the problems that law enforcement officers face.
On the flip side, their footage is also being used to weed out unscrupulous police officers who are abusing their power and intimidating members of the public. Whilst it’s never good to turn on the news and see social and political unrest, if you have stocks in Axon Enterprises its good news for your finances.
Body cameras are the future of policing, so investing in the leading body camera producer is a fool proof investment.
#5 Beyond Meat
Share Price: 124.45 USD
There is no escaping the issue of climate change and as we go on as a species, we will have to come up with more and more ways to reduce our carbon footprint. One of the easiest things that individuals can do to help slow down the effects of climate change is to change to a plant-based diet.
Beyond Meat are an American company specialising in plant-based protein meat alternatives which according to many tastes great and are a great substitute for meat.
In January of this year half a million people signed up for the ‘Veganuary’ challenge which is 100,000 more than the previous year and indicative of shifting societal attitudes.
With the tide of public opinion slowly moving towards veganism or more vegan based options, it would be smart to invest in an industry-leading vegan company like Beyond Meat. Do beware before getting involved thought that Beyond Meat’s share price has been volatile in the past 12 months.
The company saw an 840% gain in three months after going public in 2019 and ever since has been used as a quick money maker by savvy investors.
If you know what you’re doing and have good experience in investing, then you can make money from Beyond Meat. However, if you’re new to stocks and still learning the ropes, perhaps give this company a swerve and go for a surer bet.