Yesterday I presented a list of high quality stocks that couldn't lose for the beginning investor. Today is a higher level course from this week's U.S. News Invested for the more sophisticated advanced investor, high quality but volatile stocks for the more aggressive more profitable portfolio. Enjoy what's left of the holiday weekend.
InvestedAdvice, rankings and stock market news for investors. |
|
|
TODAY'S FEATURED STOCK STORY The stock market as a whole continues to sit near its record highs. However, certain more speculative areas of the market have gotten shellacked. Special-purpose acquisition companies, or SPACs, cloud software firms and cryptocurrencies are among the assets that plunged to end 2021.
As such, some investors are looking to move capital into high-risk, high-reward stocks thanks to the big drops in share prices for these formerly high-flying investments.
These seven high-risk stocks, while down sharply, could offer daring investors tremendous returns in 2022:
1. Bark Inc. (ticker: BARK). Bark is a consumer products company focused on the pet market. The company's original claim to fame was its Barkbox subscription product. For a monthly fee, Barkbox would send subscribers a package full of dog toys and other treats. This business took off during the pandemic as people adopted pets at record rates. However, Bark didn't reach critical mass off the toy product, and some analysts labeled the toy service as a fad or gimmick. Bark, a former SPAC, has plunged from almost $16 to about $4.60 per share over the past year.
But this dog could have a new trick in store. Bark is rolling out a subscription product for dog food, dubbed Bark Eats, which would greatly broaden the company's addressable market and help it reach profitability. If Bark can broaden its model from just pet toys to food and wellness products, shares could be poised for a swift comeback.
2. StoneCo Ltd. (STNE). Next among the top high-risk investments to consider is StoneCo, a leading Brazilian payments and fintech company. It primarily focuses on providing merchant services to small- and medium-sized businesses. The company enjoyed an incredible run during the pandemic as Brazilian shops rushed to provide contactless payments options and e-commerce offerings. StoneCo stock soared, and the fact that Berkshire Hathaway Inc. (BRK.B, BRK.A) was among its investors gave an added boost of confidence.
But in 2021, the Brazilian economy stumbled and StoneCo sank from a high of $95 to just $14. The core payments business is continuing to gain new merchants, however. If management can get the rest of the company back on track, shares could double off the lows.
Click here to read more.
7 high-risk stocks worth the volatility: - Bark Inc. (BARK)
- StoneCo Ltd. (STNE)
- Spire Global Inc. (SPIR)
- Planet Labs PBC (PL)
- Tilray Inc. (TLRY)
- Avalara Inc. (AVLR)
- Dutch Bros Inc. (BROS)
|
|
|
No comments:
Post a Comment