Home Tech Forget Bitcoin, these three stocks may become investors’ “new wall heads”?

Forget Bitcoin, these three stocks may become investors’ “new wall heads”?

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Author: Sean Williams

For more than a century, the stock market has been the largest wealth creator on the planet. Although the frequency of stock market crashes and adjustments is quite high, in the long run, the market’s major indexes have easily outperformed other assets and commodities. But when Bitcoin and other cryptocurrencies made their debut, things changed. The enthusiasm surrounding cryptocurrency, coupled with Bitcoin’s recent all-time high of nearly $65,000, paved the way for Coinbase Global, one of the most anticipated IPOs of the year last week. But I still recommend that you invest your money in the following three stable companies with obvious competitive advantages instead of investing in Coinbase. Facebook Don’t let its scale fool you, because the social media giant Facebook is still in the early to mid-stage of its growth, which means that patient investors still have a lot of room for growth. As of 2020, the company has 2.8 billion monthly active users visiting its website of the same name, and another 500 million unique visitors to its Instagram or WhatsApp, which means that 3.3 billion people visit Facebook every month. Now, things have become more interesting. Although Facebook brought in $84.2 billion in advertising revenue last year, almost all of it came from the website of the same name and Instagram. As of now, neither WhatsApp nor Facebook Messenger has achieved meaningful monetization. And when Facebook gets some form of important profit from these very popular social platforms, its cash flow will soar. Also, don’t ignore the earning potential beyond Facebook advertising. It will launch its own cryptocurrency sometime this year, which may stimulate the growth of Facebook payments, and people are also very interested in its virtual reality Oculus devices. With a growth rate of more than 20% and a price-earnings ratio of slightly higher than 1, Facebook is still a sought-after item. Teladoc Health The second good investment is to buy the health care stock Teladoc Health. It is conceivable that 2020 will be an up-and-coming year for this virtual medical service provider. It processed nearly 10.6 million virtual visits on its platform, up from 4.14 million in 2019. Telemedicine provides benefits up and down the medical treatment chain. It brings great convenience to patients, allowing doctors to pay close attention to high-risk patients who might otherwise not be able to visit the hospital or doctor’s office frequently. More importantly, the fee for virtual visits is lower than for office visits. In early November, Teladoc acquired Livongo Health, a leading applied health signal company, to further differentiate itself. Livongo collects a large amount of data on patients with chronic diseases and uses artificial intelligence to send tweets and tips to its members. It has registered more than 500,000 diabetes members, and aims to turn its attention to patients with high blood pressure or those who have problems with weight control. In other words, Livongo’s potential patient population includes a large portion of the adult population in the United States. Teladoc Health has all the necessary tools to become a giant in ten years. Sea Limited The third stock is Sea Limited, headquartered in Singapore. The beauty of Sea is that it has three extremely fast-growing operating segments. First, the company’s digital entertainment division generates most of its earnings before interest, taxes, depreciation and amortization (EBITDA). In 2020, as people stay at home, the company’s quarterly active gaming users increased by 72% to nearly 611 million. At the same time, the number of paying game players increased by 120% to more than 73 million. From these numbers, it is obvious that Sea’s games have resonated with users all over the world. However, through the e-commerce platform Shopee can see a bigger growth story here. Shopee’s target is Southeast Asia, South America and Latin America and other emerging markets. Total orders in 2020 will increase by 133% to 2.8 billion U.S. dollars, and the total value of all merchandise sales will increase by 101% to 35.4 billion U.S. dollars. At present, Sea’s Shopee platform has attracted the attention of Wall Street and investors. In the end, the company’s mobile wallet department processed $7.8 billion in payments and had more than 23 million paying users by the end of the year. Considering the lack of banks in many areas where Sea operates, its digital financial services division may become an important money maker. According to Wall Street’s forecasts, by 2024, Sea’s sales will exceed four times, which is a stock that investors should own. Source of this article: US Stock Research Agency