- Tesla, down -46% from previous top in Nov. 2021. / Target 450-475 USD. The Magnificent Seven did the same but now all time high? Its growth ranks better than 97.03% of 1079 companies in the Vehicles & Parts industry.Tesla's ROIC % is 19.82% (calculated using TTM income statement data).Why do I believe in Tesla?Innovation and Technological Leadership (cutting-edge technologies keeps the company ahead in the rapidly evolving automotive and energy sectors.), Growing Electric Vehicle Market, Expansion into Energy Storage and Solar (Beyond electric vehicles, Tesla has made significant strides in energy storage and solar technology. The company's diversified approach positions it to tap into multiple sectors, providing additional revenue streams and reducing reliance on a single market.), Brand Recognition and Customer Loyalty, Gigafactories and Production Efficiency(Tesla's investment in Gigafactories worldwide enhances its production capabilities and economies of scale. This not only allows for increased output but also contributes to cost efficiencies, potentially improving profit margins.), Autonomous Driving Technology (Tesla is a leader in developing autonomous driving technology. If the company continues to make advancements in this area, it could open up new revenue streams and further solidify its position in the automotive industry.), Strong Global Market Presence and Strong Financial Performance. While the industry’s growth is?expected?to slow down and China’s is on track to become the world’s largest passenger car exporter, I believe Tesla is primed to grab more market share as peers like General Motors Co. and Ford Motor Co. step back from their EV plans due to profitability concerns...
- Broadcom Inc: Up 327.48% past 5 years / target 1500-1650 USD.Rising profitability.. Broadcom's ROIC % is 26.04% (calculated using TTM income statement data). Diversified technology company focusing on semiconductors and infrastructure software.Strong market position in the semiconductor industry with a broad product portfolio. Positioned to benefit from the global demand for 5G technology and infrastructure.
- GN Store Nord A/S: Down -37.08% past 5 years / above price 200 I will add to this position. Target 550-575 DKK.Specialized in hearing aid solutions, capitalizing on the growing healthcare sector. Known for innovative products and technologies in the field of audiology.
- ALK-Abelló B A/S: +102.26% past 5 years / target 200 DKK. Leader in allergy immunotherapy, addressing a significant health concern.Expertise in developing and manufacturing allergy vaccines, contributing to a healthier society.
- Ambu A/S: Target 330-335 DKK (current trading a 114 DKK)Focus on medical devices, particularly in visualization and diagnostics.Positioned in a critical healthcare segment, with potential for growth in the medical technology space.
- Novo Nordisk A/S: 363.85% past 5 years / target 1200-1250 DKK.Global pharmaceutical company, specializing in diabetes care and other chronic diseases.Commitment to research and development, providing innovative healthcare solutions.
- Advanced Micro Devices, Inc.: 664.28% past 5 years / target 250 USD.Major player in the semiconductor industry, known for CPUs and GPUs.Poised to benefit from the increasing demand for high-performance computing in various sectors.
- Teladoc Health Inc: (-67.63%) past 5 years / target 150 USD. Current trading at 20 USD.Pioneer in telemedicine, offering virtual healthcare services. Positioned for growth as the world embraces digital healthcare solutions. Gross margins are strong, The price looks right, Teladoc is building a moat.
- Pfizer Inc.: (massive undervalued) target plus 60 USDOne of the world's largest pharmaceutical companies with a diverse healthcare portfolio.Continuous research and development, global vaccine distribution, and a key player in the healthcare industry.
- Alphabet Inc Class A: (behind the tech stock) Target 250 USD.Parent company of Google, dominating the online services sector. Diversified revenue streams, including advertising, cloud services, and ongoing technology innovation.Alphabet's transition from third-party cookies and the antitrust lawsuit against Google may deliver a bumpy ride for its stock price in 2024. Yet over the long term, Alphabet remains a compelling growth investment. I will hold this the next 10 years. Its 11% year-over-year Q3 sales increase is complemented by strong financials. The company's Q3 assets totaled $396.7 billion, with $119.9 billion of that in cash, cash equivalents, and marketable securities. Contrast this with total liabilities of $123.5 billion.Moreover, Alphabet benefits from the booming global digital advertising industry, estimated to rise from 2023's $680 billion to $966 billion by 2028. The company also possesses other growth engines, including its cloud computing business, Google Cloud.Now, AI offers Alphabet another avenue of revenue expansion. The AI industry is forecasted to balloon 20-fold by 2030. So buying and holding Alphabet stock long term makes sense, since any price fluctuations in 2024 can pale compared to the company's revenue growth opportunities over the long run.
If you want to watch me trade live daily you can do it here for free, or send me a DM on LinkedIn.
If you are interesting in help from me reach out.
Your selection of stocks for 2024 showcases your expertise and commitment to sharing knowledge, which is commendable. ?? Generative AI could enhance your strategy by analyzing vast amounts of data to identify trends and opportunities, ensuring your picks are backed by robust insights. ?? Let's explore how AI can elevate your trading game – book a call to dive into the possibilities together. ?? Christine