5 stocks I like right now.
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00:00 5 stocks I like right now.
00:02 1.
00:03 Amazon Amazon reported earnings recently and the numbers
00:06 looked good.
00:07 All 7 of its business segments are growing, third party seller services grew 18% year
00:12 over year, advertising grew 22% and AWS grew 12% and the company has been making solid
00:19 investments in fulfillment and AI.
00:21 Amazon is currently valued around $1.4 trillion which is roughly 22 times ebitda and that
00:28 valuation is near the bottom of its historical range.
00:31 Amazon remains a high quality business and I am planning to hold the stock for the long
00:35 term.
00:36 2.
00:37 Crocs Everyone seems to love Crocs at the moment
00:40 and Google search data shows the brand is near an all time high.
00:43 Revenue was up 11% in the latest quarter and sales in Asia increased by over 30%.
00:49 Despite that Crocs stock is down 13% this year giving the company a valuation of less
00:55 than 9 times earnings.
00:57 The company does have $2 billion of debt which it used to purchase footwear brand Hey Dude
01:02 but Crocs also has impressive profit margins and I think 9 times earnings is just too low
01:07 for this company.
01:09 3.
01:10 Taiwan Semiconductor Manufacturing Company TSMC manufactures microchips that are used
01:15 in smartphones and other devices.
01:17 More than half of the company's revenue comes from advanced microchips of 7nm or less
01:23 and TSMC also supplies chips to Nvidia.
01:26 There's no doubt we're going to need more of these chips in the future and TSMC has
01:30 a long history of growth with solid operating margins of 38%.
01:35 Right now oversupply has caused the company to forecast a 10% drop in revenue and that
01:40 news has taken the stock down about 10%.
01:43 But when the cycle picks up I think TSMC is going to get back on track and so I think
01:47 the shares look good value at just 16 times earnings or 10 times EBITDA.
01:52 4.
01:53 AirSail, ticker symbol ASLE This is a small cap company that we wrote
01:58 about on our website.
01:59 The business provides services to airlines and it also buys and sells its own aircraft.
02:05 The stock has fallen 30% this year but we think that's an overreaction.
02:10 Right now the stock is valued at about 11 times EBITDA but when you account for inventory
02:15 and other factors that valuation drops to about 7 times.
02:19 Some company insiders have been buying the stock and there's a potential catalyst on
02:23 the way that could bring the company a massive boost to revenue.
02:27 5.
02:28 Global Uranium ETF, URA This one isn't a stock but an ETF that provides
02:33 exposure to a range of companies involved in the production of nuclear components and
02:38 uranium mining.
02:39 It's simple, to combat climate change we need to stop relying on fossil fuels and nuclear
02:44 power is efficient and clean.
02:46 In fact the world nuclear association claims that nuclear is cleaner than solar when measured
02:51 across its whole life cycle.
02:53 Various countries are starting to build out nuclear reactors and this growth should push
02:57 up the price of uranium and that should boost the value of this ETF.
03:02 Commodity prices move in cycles so I'll be looking to hold this investment until the
03:06 cycle starts to turn back down.
03:08 But these are my personal opinions not financial advice and I do hold shares in all of these
03:13 stocks if you're looking for more detailed investing ideas make sure to visit our website
03:17 overlookedalpha.com