Hello everyone. Welcome back to our platform. My name is Antoaneta. Every month, we release a new video about our top stock picks. Today, I present to you Antoaneta’s top 5 stocks for the month of September. Before we start, don’t forget to hit the like button if you enjoy our blogs, and of course, subscribe to our platform so you’re always updated when we post new ones. Check out my other blogs such as, “4 Stocks You Must Buy In 2021“.
Here’s the list of the top 5 stocks for September:
- AMD
- Zynga
- Intuit
- Amazon
- The Very Good Food Company
Stay with me until the end, and I’ll give you a bonus stock.
AMD
- Current Price: 92.10
- Market Cap: 111.715B
- 52 Week Range: 59.60 – 103.22
- PE Ratio: 38.58
- EPS: 2.39
Advanced Micro Devices (AMD) stock price skyrocketed to an all-time high following the company’s positive 2021 earnings report for the second quarter. The company has made great strides toward boosting its profitability and creating new products.
During the second quarter, AMD’s revenue increased by 99% from the figures posted the same time last year and it reached a whopping $ 3.85 billion. Its revenue surpassed the company’s guidance and its excellent performance was attributed to the company’s surplus in supplies and its excellent lineup of advanced and innovative chips.
AMD has been increasing its market share gains. Its EPYC CPUs are popular among the big tech companies like Alphabet’s Google Cloud and Tesla. The company’s EESC business segment reached $1.6 billion in revenue in the second quarter, which marks a 183% increase from the figures posted last year. This segment is expected to continue growing as the market for gaming consoles booms and while the company continues to take more share of the server processor space.
AMD reportedly plans to improve its GPU architectures by jumping to a 5-nanometer manufacturing process in 2022. The company’s technological advancements have helped it secure more market shares in the central processing unit (CPU) space. All these things make AMD a growth stock that’s worth buying.
Zynga
- Current Price: 8.88
- Market Cap: 9.691B
- 52 Week Range: 7.77 – 12.32
If you’re eyeing another worthy addition to your stock portfolio, then Zynga should be on top of your list. It’s been a top gaming stock in the past five years. The company’s shares took a dip in August after posting its second-quarter earnings report for 2021. Despite the strong numbers, some investors were left disappointed with the company’s outlook for the rest of the year, which led to a drop in the stock’s current price.
Zynga is the stock to buy if you’re into long-term investing. The game developer’s core business is performing well. Its sales are stable thanks to the booming gaming franchises including Farmville and Words With Friends. The company has a lot of potential new sources of revenue and it’s reaping the benefits of snapping up studios through strategic mergers and acquisitions.
The company’s management is constantly finding ways to innovate. Aside from its traditional gaming revenue, the company has added in-game advertising, which reached $133 million in the second quarter, marking a 110% year-over-year growth. The revenue stream from advertising is expected to soar especially after the company acquired Chartboost, which specializes in mobile programmatic advertising.
Zynga continues to be on the road to becoming a beast in the gaming industry. Its well-performing franchises, effective mergers and acquisitions, and innovations within the company make Zynga’s stocks a good buy.
Intuit
- Current Price: 563.13
- Market Cap: 152.295B
- 52 Week Range: 72.50 – 122.49
- PE Ratio: 73.72
- EPS: 7.56
Intuit is growing steadily thanks to two of its top-performing brands namely Quickbooks Online and TurboTax, which are dominating the small business account and tax service sector. Before 2020 ended, the company added another major brand, Credit Karma.
The addition of the consumer finance website makes Intuit’s presence more known in the personal finance sector. Not only that, it offers the company more opportunities for monetization. The company currently has a market capitalization of $152 billion and its revenue growth forecast for the fiscal year 2022 ranges between 15% and 16%.
The company plans to make upgrades to QuickBooks Online and to enhance its business units by employing an AI-powered strategy. New business lines may also be added to the existing offerings of Credit Karma to bolster its revenue stream, which currently focuses on personal loans and credit cards.
Intuit’s stable revenue and various growth opportunities are among the reasons why its stock is a good buy and a solid addition to the portfolio of investors.
Amazon
- Current Price: 3,479
- Market Cap: 1.769T
- 52 Week Range: 2,871.00 – 3,773.08
- PE Ratio: 60.86
- EPS: 57.40
Amazon missed its expected revenue during the second quarter by 7.6%, marking its first failure to meet its forecast. Its unadjusted per-share earnings were at $15.12, which was lower than Wall Street’s expected $12.28 per share. Its revenue increased by 27% year over year to $113.08 billion
Even so, Amazon’s business grew tremendously even during the coronavirus pandemic. The public may have been asked to stay at home but that didn’t stop them from shopping. They made more purchases online and one of their go-to companies is Amazon.
Even though the company expects its online sales to decrease next quarter, Amazon still expects its revenue to grow between 10% and 16% or between $106 billion and $122 billion in the third quarter of 2021. The Q3 forecast is well below the consensus estimate of $119.2 billion.
Despite its disappointing Q2 sales, the company’s revenue from its advertising, subscription, as well as cloud computing businesses continue to soar. Its advertising sales were up by 87% while its web services rose by 37%.
Amazon’s second-quarter earnings disappointed some investors. Despite that, the company stocks are still a worthy investment. Its online sales may drop but its other segments will continue to be profitable.
The Very Good Food Company
- Current Price: 2.3900
- Market Cap: 250.907M
- 52 Week Range: 0.9720 – 7.4300
The Very Good Food Company is performing well. In today’s time when an increasing number of people are becoming more health-conscious, it won’t be surprising if companies like The Very Good Food Company will start to become more popular.
It offers healthy and delicious food. The Very Good Food Company has seen its revenue increase significantly year over year. The increase also meant the company’s orders and production have increased as well. Its e-commerce orders have skyrocketed but the company still needs to work more on its retail front.
The Very Good Food Company’s stock remains undervalued as of the moment but if it continues to make the right decisions and they improve their brand awareness, it won’t be long before they see their stock price rise significantly.
Since you’ve stayed with me until the end, as promised, here’s your bonus stock tip.
Tattooed Chef, Inc. (TTCF)
- Current Price: 22.42
- Market Cap: 1.912B
- 52 Week Range: 14.09 – 28.64
- PE Ratio: 11,665.00
If you’re looking to invest in food companies, you should watch out for Tattooed Chef. The company produces and supplies plant-based products. It has made several successful product launches and successful expansions. Its second-quarter earnings reports showed revenue growth of 46% to $50.7 million. The company’s gross margin stood at 15.7% and its gross profit at $8 million. The company has a lot of potential so you should keep track of Tattooed Chef.
So, that’s it for today. I hope you found this list of stocks useful and interesting. If yes, don’t forget to hit the like button. Leave your comments below if you have something to add to the list or just want to say hi. We would love to hear from you. Subscribe to our platform and check out my other blogs about investing. Thank you for reading and until next time.
Ebooks:
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Recommended for further reading:
- Rule #1: The Simple Strategy for Successful Investing in Only 15 Minutes a Week
- Warren Buffett and the Interpretation of Financial Statements: The Search for the Company with a Durable Competitive Advantage
- How to Make Money in Stocks: A Winning System In Good Times And Bad
- How to Day Trade for a Living: A Beginner’s Guide to Trading Tools and Tactics, Money Management, Discipline and Trading Psychology
- A Beginner’s Guide to the Stock Market: Everything You Need to Start Making Money Today
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