The best gifts are those that you will keep for years and that will bring pleasant memories and joy every time you see them. That’s exactly what I was trying to put together here with this list of Christmas stocks – a collection of great companies that are great investments too and will continue to bring good things as long as you hold them.
They are diverse, from apps to renewable energy companies to e-commerce retailers. But their unique niches have paid off. The past year has accelerated the growth of many of these companies, but they were well positioned to grow before the pandemic. If anything, it only accelerated their upward movement.
And there is no weak link on this list; Each one has an “A” rating and a strong buy recommendation in my Grader portfolio.
These seven Christmas stocks to buy for happy holidays are gifts for you that will make your portfolio successful in the New Year and beyond:
- Appian Corp. (NASDAQ:APPN)
- Enphase Energy (NASDAQ:ENPH)
- Etsy (NASDAQ:ETSY)
- Pinterest (NASDAQ:PINS)
- square (NYSE:SQ)
- Trade Desk (NASDAQ:TTD)
- Twilio (NASDAQ:TWLO)
Christmas Stocks: Appian Corp (APPN)
One of the most important aspects of doing business in the digital age is that much of daily operations can be automated. That doesn’t mean replacing humans with robots, but rather putting paper receipts, books, and everything else in a database for people to share.
It also means creating integrated processes across departments and divisions so that the entire company can access the information it needs without sending inquiries or accessing multiple proprietary systems.
It’s called Business Process Management (BPM). And Appian has been doing this at the corporate level since 1999. Some companies were quick to adopt BPM in one way or another, but the pandemic has accelerated companies’ desire for digitization.
And that’s great news for APPN. The stock is up 312% since the start of the year, and the business is in high demand through 2021.
Enphase Energy (ENPH)
Source: IgorGolovniov / Shutterstock.com
We all know the sun and wind have finally reached their tipping point in the US. Many other nations have already adopted renewable energy, but the United States was one of the last great nations to really use these resources.
The thing is, while everyone is buying solar panel stock, there is one key technology that makes the entire system work. It’s called an inverter.
The electricity from the sun or wind comes as direct current (DC) and has to be converted into alternating current (AC). That is what the inverter does. And ENPH is one of the few companies that makes inverters.
The stock climbed from zero to held this year, up 543% since the start of the year. And the green trend is his friend. ENPH stock is now large enough for institutional investors to add to portfolios.
Source: quietbits / Shutterstock.com
As you all know, this has been a great year for online shopping. E-commerce has skyrocketed. While this was certainly a steady growth trend before the pandemic, the lockdowns on the e-commerce industry added booster rockets.
Companies like Etsy, which were on the edge of the digital market and wanted to find their place before the pandemic, are now major players. And this dynamic will not be reversed.
ETSY has built a unique niche among e-retailers, and the pandemic has helped cement its position as the leader in that niche. It is also benefiting from the economic challenges of the pandemic as new customers want to open stores on the premises to sell their wares.
The stock is up 324% since the start of the year. This inflow of capital makes it a major player and the economy will be lined up for further growth.
Source: Nopparat Khokthong / Shutterstock.com
When Pinterest started 12 years ago, it seemed like a company with a solution to a problem that nobody really had.
Creating digital bulletin boards with pictures people found browsing the internet didn’t seem like a great business model. But PINS knew better. Almost 70% of the US economy is consumer spending driven.
When times are good, people shop and spend. In bad times, people shop and wait for the day they can buy what they want. And PINS enables them to do so.
But now it’s a far more sophisticated platform that offers a wide variety of products. It’s like an online shopping mall, driven by the theme. Would you like to see what kind of pavilions there are? Enter it and shop. And then share it with your spouse or friends.
PINS has now become a powerful tool. And that’s why it’s up 279% since the start of the year.
Source: IgorGolovniov / Shutterstock.com
With the transition from the gig economy to a more entrepreneurial model, loan processing solutions have become a big deal. They enable individuals, private businesses, or small businesses to manage operations in the digital economy.
There were certainly companies in the field already, but as the economy fragmented and workers started looking for side jobs or setting up small craft businesses, the demand for alternative businesses grew.
SQ is in the right place at the right time. And the demand for its systems is likely to grow significantly over the next few years as banks strive to find their relevance in a digital transaction-centric world.
The stock is up 275% since the start of the year and offers plenty of headroom from here.
Trade Desk (TTD)
Source: Shutterstock / Bella Melo
When the gig economy turns into the entrepreneur economy, as some of these companies grow, they will need to recruit more people in a larger area for their services.
And this is where Trade Desk comes in. It is an online advertising platform designed for ad buyers. And it’s buyer-centric – it doesn’t direct you to its ad platforms because it doesn’t have any.
This is a big deal for small businesses as most people don’t know how to buy and place ads. And they certainly don’t think much about the subtleties. Marketing plays a huge role in driving sales, however, and small businesses don’t have a lot of money to waste learning through losses.
TTD is up 267% since the start of the year, and given the global economy, we are likely early in that trend.
Source: rafapress / Shutterstock.com
Improving and digitizing workflows consists of several components. One of them is the integration of communication between companies, employees and customers. Twilio is a cloud communication platform that acts as an integration company for service communication.
The entire platform is built in the cloud, and the solutions are fully scalable and adaptable to the needs of any business.
There are a number of actors in this area, usually companies, who offer these services as part of a larger service platform. TWLO has built its reputation as a pure game in this sector with a growing reputation.
The stock is up 272% year to date and is well positioned to grow its platform for years to come.
At the time of writing, Louis Navellier is long in ENPH and ETSY as of this article. Louis Navellier held other positions (either directly or indirectly) in the securities referred to in this article.
The InvestorPlace Research associate primarily responsible for this article has held (neither directly nor indirectly) positions in the securities identified in this article.
Louis Navellier got off to an unconventional start as a student who accidentally built a market-beating stock system – with returns with Warren Buffett. In his latest achievement, Louis discovered the “master key” from which he could benefit the greatest technical revolution of this (or any) generation.