Three “Must Own” Stocks for 2019

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Like most investors, one of your top goals has been to enjoy financial freedom at whatever age you choose.  So, it stands to reason that your money should ideally generate above-market returns with below market risk.

Truth is — if you really want to become a better investor then you need to be looking at where the smart money is heading.  You need to understand what is truly driving the markets and how you can take advantage of these moves as – and before – they hit the mainstream.

That’s how the long-term wealth can be found.

We believe these three stocks below can be of assistance in achieving those goals.

Hot Stock No. 1 – Square Inc. (SQ)

SQ remains our top pick for 2019.  It’s already recovered from a low of $54 to $70 a share.

Technically and fundamentally, the stock appears to be in great shape.  Granted, last year wasn’t it’s finest and we were knocked out of a previous trade, but it’s got a lot going for it. For one, third quarter revenue was up 51% year over year.  Adjusted revenue was up 68%. That’s up from growth rates of 48% and 60% in the second quarter.

Analysts are taking advantage of the pullback, too. Canaccord Genuity for example just upgraded SQ to a Buy from a Hold, noting they had “been on the wrong side of Square stock for some time,” as noted by Barron’s. The firms also noted it sees a long-term opportunity given Square’s status as a “truly disruptive company.”

Hot Stock No. 2 — Vipshop Holdings Ltd. (VIPS)

VIPS operates as an online discount retailer for various brands in the People’s Republic of China.  It’s one of many Chinese stocks that took a vicious beating, but is likely to recover on potential de-escalation of trade war tensions.

The good news — China just offered to go on a six-year buying spree of U.S. goods to help rebalance trade between the two economic superpowers.

According to Bloomberg, “By increasing goods imports from the U.S. by a combined value of more than $1 trillion over that period, China would seek to reduce its trade surplus — which last year stood at $323 billion — to zero by 2024.”  The latest developments come on the heels of a report that U.S. officials are debating lower tariffs on Chinese goods to incentivize Beijing to make deep concessions.

Hot Stock No. 3 — CannTrust Holdings (CNTTF)

One of the most exciting stories for investors has been the push by marijuana stocks to list of major U.S. exchanges in the U.S. and abroad.  By doing so, cannabis companies draw bigger investors, including institutional investors that aren’t often able to invest in OTC-listed stocks.  While there’s nothing wrong with listing on the OTC, a major exchange offers a bigger audience of potential investors, and Wall Street firms.

CannTrust Holdings (CNTTF) – which has applied to list its shares on the NYSE – is oneone of those to keep on radar.  “CannTrust has firmly established itself as one of the top licensed producers in Canada with a global platform rooted in trust, science and innovation,” CEO Peter Aceto said. “A listing on the NYSE is a natural step forward in our evolution as we look to broaden our investor base, increase the company’s exposure and expand our business on an international scale.”

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