Please try another search
Do you remember waking up on Christmas morning, the feeling of excitement bubbling within as you leap out of bed and run to the tree and find that stack of gifts you’ve been dreaming about, then, ripping into those packages to see what Santa left you?
Well, you may be older now, but if you were to find any of these five stocks under your tree, we’re pretty sure you’ll have an awesome Christmas and a great new year!
You won’t find any of the FAANG stocks here (they’re not doing too well right now anyway). These are stocks that not only have had a good year, but are likely to have an even better one in 2019.
1. New Age Beverages Corp (NASDAQ:NBEV)
What’s so great about a beverage company, and why is it a good gift? The answer - cannabis legalization. New Age is planning on becoming a global provider of cannabidiol (CBD) infused drinks. Following the legalization of marijuana in Canada and the passing of the Farm Bill that removed hemp from the Schedule 1 of the Controlled Substances Act in the U.S., the company can start selling products containing CBD. As a result, the company’s stock grew by 183% in 2018, and it looks like there’s more room to grow in 2019.
2. NIO Inc (NYSE:NIO)
Often referred to as “The Tesla of China”, Nio filed for a $1.8 billion IPO in August 2018. Recent market volatility has had an effect on stock value, but even so - the potential is there. Take it from our senior analyst, Jesse Cohen - “While its fundamentals are weak from the traditional sense, Nio’s bullish thesis is hard to ignore. Electric vehicles and especially autonomous ones like Nio builds are on their way to capture market share at an exponential rate, making it a compelling play going forward.”
3. Twilio Inc (NYSE:TWLO)
If you’re asking yourself “What’s Twilio”? You’d be surprised to find out that you probably encountered their communication solutions if you used Uber or Lyft, bought clothes at Nordstrom or Lululemon, rented a place via Airbnb, and more. They enable communication via text, MMS, voice and video, as well as in-app chats. At the beginning of the year, Twilio’s stock was at $25.1 and it has since gone up by 270%, and Jesse claims they can go up as high as $200 in 2019. “Twilio looks poised to continue its march higher next year thanks to its impressive earnings growth outlook as well as a torrid pace of growth in active customer accounts,” Cohen said.
4. Etsy Inc (NASDAQ:ETSY)
Forget Amazon and eBay, Etsy is the online retailer you want to unbox on Christmas morning. Etsy is an online retail platform that allows people to sell anything from hand-knitted scarves and personalized dog collars to jewelry and one-of-a-kind pieces of art directly to consumers. In the last year, Etsy went up 150% with no sign of stopping anytime soon.
5. World Wrestling Entertainment Inc (NYSE:WWE)
Yes, that WWE - the World Wrestling Entertainment. The company that produces the TV show where a couple of grown men step into a ring and pretend to beat each other up. The company signed a couple of broadcasting contracts both in the U.S. as well as in India, which seems to have sparked a rally of around 120% this year. “It’s all about television rights for WWE. Management has said it expects to wrap up the India deal in the first half of 2019. A TV rights agreement in the UK could also be completed next year.”
What do you think about our list? Are there other stocks you’d rather see here?
Let us know in the comments below.
Disclosure: No positions in any stocks mentioned. Opinions expressed may not be appropriate for every investor. Data provided is subject to change without notice. Do your own due diligence before making any investments.
Are you sure you want to block %USER_NAME%?
By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.
%USER_NAME% was successfully added to your Block List
Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.
I feel that this comment is:
Thank You!
Your report has been sent to our moderators for review
Add a Comment
We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:
Enrich the conversation, don’t trash it.
Stay focused and on track. Only post material that’s relevant to the topic being discussed.
Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.
Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.