The market rally following the March 2020 Covid-19 dip has somewhat distorted everyone's views. The line between what's worth buying and holding, and what's only pushed by an extraordinary, and most likely short-lived transition of living at home are very blurry. The job of a good investor is to distinguish what's here to stay and what's not. A point of distinction between those two sets of companies is their growth rate before the pandemic. Today, we updated our "A Gift of Stock" portfolio with a company that was already growing before the pandemic.
The new stock pick for our "A Gift of Stock" portfolio is a company that was growing rapidly, even before the start of the pandemic, and the pandemic has only proliferated its growth. With less than 3% market share in one of the oldest industries in our economy, the new stock pick is an excellent fit for our "A Gift of Stock" portfolio. Our CEO's nephews, who will be holding on to these shares for more than a decade without worrying about the ups and downs of the market, got a new gift today. Stock Card VIP users have a chance to view the pick. You can subscribe to a free trial and join them reading about this new stock pick and check out all other stocks in this portfolio.
Karen Sheng, Head of Data Science at Stock Card, is the portfolio publisher of the Phoenix portfolio. She combines her technical trading skills with the "collection" functionality on Stock Card and gives us a sneak peek into her thought process that led to a new addition to her portfolio. Check it out!
On April 29th, the share price of Alphabet (Ticker: GOOG / GOOGL) went up almost 10% post-earnings. The reaction is primarily attributed to the positive outlook of Google Cloud and YouTube ads revenue. The COVID-19 pandemic has been a double-edged sword for the group of companies in the internet & social media advertising business. On the one hand, revenue from the travel & hospitality industries, as well as small businesses, have diminished. On the other hand, these platforms have seen the increased engagement of users as people have increasingly consumed digital content while being sheltered at home.
On the tailwind of this emerging trend, I would like to introduce the new addition to the Phoenix portfolio and demonstrate my thought process. A unique feature on Stock Card's "Discover" page is to filter stocks based on "collections." A collection is Stock Card's proprietary classification system framed in natural language. For instance, when a user starts typing the word "advertising" in the search bar, the engine screens the universe of publicly-traded companies for companies in the advertising space. See the above image for more details.
There are six stocks within the "social media advertising" collection. For this exercise, I would like to focus on stocks that are ex-China and have a share price that is under $50. That leaves us with three stocks – SNAP, PINS and TWTR. The following is snapshots of these stocks:
Next, let's move on to technical analysis. This is the set of technical indicators that I used to identify entries:
The combination of the technical indicators outlined above and the fundamental information visualization available on Stock Card enabled me to add a new stock to my Phoenix portfolio. Stock Card VIP users can log in to their premium accounts and get to know the latest picks. Make sure to follow the Phoenix portfolio by clicking on the bell icon on the top-right corner of the portfolio page to follow my new stock picks.
By the way, this is Karen, and I own all of the stocks included and will be added to the Phoenix portfolio. Also, Stock Card has a Disclousre policy.
Our very own Shama Patwardhan, Head of LiveOps, has published a new portfolio to the Portfolio Store. This portfolio is particularly interesting because of its focus on companies that are shaping the future by making the world smarter. Investing in future-defining companies is always a good strategy. However, it is even more important to go the extra mile and bring our attention to the companies that are shaping the world's future. During the COVID-19 market crash, most investors get bogged down by the day-to-day market fluctuations. However, savvy investors don't take their eyes off of the prize, and that's precisely what this new portfolio is set out to achieve. Scroll down to read about the Smart World portfolio.
Invest your money now, to secure your future!
Make your money work for you!
Every now and then, we come across such advice through articles, books, and news. So why not secure our future, by investing in it? Our future will be highly impacted by advancements in research and technology. Rapidly growing fields such as artificial intelligence, machine learning, big data analytics, and Internet-of-Things would be the backbone of our future. Overwhelmed by the big complex words?! Don't be! It simply means that our future will be dependent on technology that develops fast, high-quality products, makes our devices understand us, and helps us connect with the outside world using the internet. These products have been and will shape our future, giving birth to a Smart World. You have already heard of smart homes, smart cars, and smart cities! So how can we participate in this exciting future? We find strong growing companies that are working towards making the world smarter and invest in them over the long term! As the company succeeds, our portfolio succeeds and rewards us with a strong positive return.
Every investor looks for a chance to buy shares when the stock price is undervalued. And that's what's happening now. With the Coronavirus outbreak, the stock market has been consistently falling. Instead of panicking, we look at it as an opportunity to buy great companies at a discounted price!