Here's why we believe XPO Logistics (NYSE:XPO), NIO (NYSE:NIO), and General Dynamics (NYSE:GD) are three stocks that are well positioned to take advantage of long-term trends.
The company's XPO Direct service is a tech-fueled platform designed to help retailers better compete with the scale of Amazon by providing a suite of logistics products.
NIO's in an interesting spot. The market for electric vehicles in China is expected to absolutely boom over the next decade, and it's already seen as a leading up-and-coming "cool" brand.
Because of this, I see little to no chance of the Navy's budget being cut -- but rather see it growing over time, to the benefit of General Dynamics. With the stock now down 21% over the last 52 weeks, and trading at a cheap 12 times earnings and just one times sales, General Dynamics stock has finally become cheap enough to buy.
Courtesy: https://www.fool.com/investing/2020/11/07/got-3000-buy-these-3-stocks-riding-unstoppable-tre/
No comments:
Post a Comment