3 revolutionary stocks that I would buy now without hesitation
Whether someone is a newbie investor or has been investing in stocks for years, it’s no secret that we are seeing a new kind of volatility causing the peaks and troughs of the pandemic market. From fears about record inflation, to worries about the highly contagious variant of the omicron, to the astronomical popularity of meme stocks and other more speculative investments, the investment landscape that the average retail investor faces today. hui is very different from what it was ten years ago.
But, even in tough times, that shouldn’t stop people from investing in big companies with strong businesses. History has taught us that the market favors those who stay in it for the long term. In the last five years alone, the S&P 500 delivered a total return of almost 130%, while the Nasdaq composite and the Dow Jones Industrial Average generated total returns of 200% and 105% respectively.
For investors looking for stocks to add to their portfolio as the New Year approaches, here are three to consider adding to the basket now.
1. Intuitive surgery
The field of surgical robotics is a growing multibillion dollar industry. In fact, the industry is on track to achieve an astonishing global valuation of over $ 10 billion by 2030. From heart surgery to pediatric surgery to general surgery, medical robots are enabling providers to healthcare to perform a wide range of procedures with greater efficiency, shorter recovery times and less discomfort for the patient. Leading this booming and lucrative field is Intuitive surgery (NASDAQ: ISRG).
The company controls more than three-quarters of the global surgical robotics market and is known for its flagship da Vinci surgical system. As a result, the company recently announced that its da Vinci System has been used in 10 million mind-boggling surgeries around the world in the two decades since it gained Food and Drug approval. United States Administration. According to Intuitive Surgical, “there are over 6,500 da Vinci surgical systems installed in 67 countries, and over 55,000 surgeons worldwide have been trained in the use of da Vinci systems.”
In the third quarter, Intuitive Surgical’s revenue jumped 30% year-over-year and its net profit increased 21%. The company also said it shipped 72% more da Vinci systems in the three-month period compared to the quarter a year earlier.
The stock has risen by around 36% over the past year – keep in mind that despite the fact that the company split its shares 3 to 1 in September. The stock is not nearly exhausting its trail, so investors should take a second look at it before stocks rise even higher.
2. Innovative industrial properties
Speaking of breakthrough stocks, another great one for investors to consider right now is Innovative industrial properties (NYSE: IIPR). Because it is a real estate investment trust (REIT), this means that the company is required to pay at least 90% of its income in dividends. Not only has the stock traded up around 40% in the past 12 months, but its current dividend yield is 2.3%.
The company currently has a portfolio of 103 properties across the country in states such as Arizona, California, Colorado, Nevada, New York and Virginia. He leases these properties to licensed producers of medical marijuana, including Cresco Laboratories, Green thumb industries, and Truly.
In the first nine months of 2021, the company’s revenue of $ 145.6 million and net profit of $ 85.4 million of the company exceeded the same period in 2020 by 82% and 92% , respectively. Innovative Industrial Properties also reported Adjusted Operating Funds (AFFO) to the tune of $ 126.4 million in the nine-month period, a 90% jump from the previous year.
Whether you’re a longtime cannabis investor or a newcomer to the field, this marijuana REIT is to be put on the radar ASAP.
What could be more revolutionary than a company that contributes to changing the future of work? With the onslaught of workers leaving their jobs and more and more turning to careers offering remote and hybrid options, the odd-job economy is a logical next step for many. Fiverr (NYSE: FVRR) is one of the best freelance platforms in the world. It provides the tools and support workers need to connect with the individuals and businesses that need their services.
From logo design to voiceover work to copywriting, independent buyers and sellers of services can find just about any niche imaginable on the Fiverr platform. At the end of the third quarter, Fiverr reported that it had 4.1 million active buyers on its platform, a jump of 33% year-over-year.
At the same time, the company’s average revenue and spend per buyer increased by 42% and 20% respectively in the three-month period compared to a year ago, while its rate of turnout increased 27% year over year. Even though Fiverr is not profitable at the moment, it reported third quarter adjusted EBITDA of $ 7.3 million, up 74% from the previous year. In addition, the company continued to generate positive free cash flow to maintain current expenses.
The stocks are trading at a discount of around 40% from just a year ago. Even as its business continues to grow and expand into a new phase of the pandemic, now seems the time to consider buying this stock on the downside.
This article represents the opinion of the author, who may disagree with the “official” recommendation position of a premium Motley Fool consulting service. We are motley! Challenging an investment thesis – even one of our own – helps us all to think critically about investing and make decisions that help us become smarter, happier, and richer.