Despite the difficulties of the world economy and political problems, the current time of change provides many opportunities for investing in the stock market. So says Timur Turlov, founder and CEO of Freedom Finance, a leader in online financial services with over €500m under management and a market capitalization of over €2,200m, and for this reason he has developed a portfolio of 12 securities recommended for investment .
In his opinion, “there are now many companies, the acquisition of which is very attractive. Many of them are trading well below last year’s price and could represent good opportunities.” However, you must be confident about the investment you are about to make and prepare well before you get started: “If you analyze the situation carefully and do not expect quick results, I am sure that you will find many opportunities in the bag. “, says Turlov.
The world economy is currently facing challenges that defy the order established by globalization. The company’s CEO says they have created “barriers to international contact” and “complicated business processes.” However, it cannot be avoided that digitalization will change the world and force traditional business to develop. “Technology makes any sector more efficient.” In this sense, he cites banking as an example and points out that “the traditional banking system must change and become more active with the introduction of innovative technologies, otherwise it will not survive. There is no other way.”
In fact, advanced digital technologies are at the heart of Freedom 24’s success and provide the company with a significant competitive advantage. In this regard, it is worth mentioning its own online investment platform, which it has developed to provide its clients with direct access to trading on the world’s largest exchangesincluding Spanish, and over a million investment products it sells.
Portfolio of 12 securities
Turlov believes that the stock market correction that has taken place is “approaching its final phase” and has formed an investment portfolio of stocks that have significantly lost value, but retain fundamental grounds for “future growth and development.”
This is a portfolio of 12 companies, each of which has a potentially interesting investment idea. The expected investment period is six months to three years, and the expected return on the portfolio is 81%.
The portfolio consists of companies from different sectors, although they stand out because they operate and offer their products or services in a technological and digital environment:
Snowflake Inc. has steadily doubled its revenue in recent years and is expected to grow from 94% to 96% in 2022.
Crowdstrike Holdings Inc. develops information security software and is an industry leader in a €51 billion market.
Datadog Inc. is a company that performed well in the first quarter and predicts good results for 2022.
Zscaler Inc. is a provider of cloud-based information security services with a growth rate of over 60%.
Enfaz Energy Inc. is a solar power system supplier and a profitable company with high margins and products that outperform the competition.
ZoomInfo Technologies benefits from new product launches and geographic expansion to sustain strong revenue growth.
Mongodb Inc. is the leading cloud platform for developing and delivering general purpose databases. Its profit rose 55.8% in the fourth quarter.
Bill.com is a provider of cloud-based software that simplifies and automates complex financial transactions for small and medium businesses. It continues to post strong growth, up 179.4% in the third quarter of fiscal 2022.
Marawai Lifescience Inc. works in the field of natural sciences. The company’s key market is expected to grow further, with the global gene therapy market valued at €3.5bn in 2019 and projected to reach €12bn by 2024.
Avalara Inc. offers cloud-based tax compliance solutions worldwide. Despite the fact that the company’s annual income is almost one billion euros, the company still manages to increase this figure by more than 30% year on year.
Shockwave Medical Inc. develops and supplies technologies for the treatment of cardiovascular diseases. The company is posting triple-digit revenue growth and is revising its guidance for this year. In the first quarter, its profit rose 193.4% year on year.
Taskus Inc. continues to show strong revenue growth, rising from 34% in Q2 2020 to 56.8% in Q1 2022.
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