7 STOCKS IM BUYING ASAP (THIS WEEK)

TL;DR

In this video, the speaker discusses seven stocks they plan to buy for long-term investment, including Sam Adams, The Honest Company, Corsair Gaming, and Teledoc. They also mention Tattooed Chef, Avon Brands, and potentially PayPal.

Transcript

howdy there folks and welcome into this video here today a little uh late sunday afternoon video on seven stocks yes seven stocks that i'm looking at buying this upcoming week and why i'm planning on buying these stocks now if you watch this channel on a regular basis some of these stocks you're going to know and a few of these stocks are going to ... Read More

Key Insights

• 🍉 The speaker's investment strategy focuses on long-term growth potential rather than short-term trading.
• 🌸 Some of the mentioned stocks have been impacted by tax loss harvesting, creating potential buying opportunities.
• 💪 The Honest Company and Tattooed Chef are regarded as strong investment choices due to their solid fundamentals and exciting growth prospects.
• 🥺 Corsair Gaming and Teledoc are expected to benefit from easier year-over-year comparisons in 2022, potentially leading to improved stock performance.
• 🙃 Avon Brands and potentially PayPal are considered more speculative investments with significant upside potential.

Questions & Answers

Q: Why is the speaker buying these stocks for long-term investment?

The speaker believes in the long-term growth potential of these stocks and typically holds investments for at least a year or longer. They are not interested in day trading or short-term gains.

Q: What is the significance of tax loss harvesting mentioned in relation to these stocks?

Tax loss harvesting refers to selling stocks at a loss to offset capital gains and reduce taxes. Many investors use this strategy with stocks that have performed poorly in order to repurchase them later at a lower price.

Q: Why does the speaker have confidence in the fundamentals of The Honest Company?

The speaker has reviewed The Honest Company's financial reports and listened to their conference call. They are impressed with the company's strong fundamentals, including revenue growth and potential for expansion.

Q: What makes Tattooed Chef a "cult-like" stock?

The speaker describes Tattooed Chef as a cult-like stock due to its passionate investor base. The stock tends to be heavily bought whenever it experiences weakness, creating a strong support system for its price.

Summary & Key Takeaways

• The speaker plans to buy seven stocks for long-term investment, focusing on their potential for growth over several years.

• Stocks mentioned include Sam Adams, The Honest Company, Corsair Gaming, Teledoc, Tattooed Chef, Avon Brands, and possibly PayPal.

• The speaker explains their reasoning for investing in each stock and discusses the potential for future gains.