December Stocks in the Battle
The wisest and hottest picks of stocks and crypto to include in your portfolio this December.
Each month is full of surprises on the financial market. Even more so with constant changes that may be hard to grasp without browsing the net on a daily basis and reading the news for hours. Still, it’s crucial for an investor or StockBattle contestant to know the current agenda: to make stocks and crypto work for you, especially at the end of the year. Even one change of the picks can alter the StockBattle results and create more opportunities for you to win.
We present to you all of the stocks and crypto that are the center of attention this December according to various investment media and current StockBattle user statistics. Who knows, maybe these picks will be the greatest game-changers for you this month.
The Most Popular StockBattle Choices
Devoted players have a long list of preferable stocks and crypto to form their portfolios with. Still, there are major tickers that were used the most this month. So let’s see the list of companies and cryptocurrencies that are at the center of attention that people are adding to their portfolios this December to compete for cash prizes. Be ready to use these hints till the month is over.
Hot Stocks to Watch
With earning season nearly over, the holiday season rapidly approaches. According to MotleyFool analytics, there are five major stocks to keep an eye on. They are the famous Duolingo ($DUOL), AT&T ($T), Teladoc ($TDOC), Zoom ($ZM), and MercadoLibre ($MELI). Here’s why…
Language-learning service Duolingo added a couple of high-powered names to its executive suite and delivered year-end guidance far above Wall Street’s expectations. Subscription revenues rose by 42% year over year in the third quarter. Advertising sales also jumped 34% higher. The company’s “other” revenues, mainly related to in-app purchases, scored a 179% sales boost. And the future looks even brighter.
Telecom giant AT&T has spent the past six years making costly mistakes, but if you’re investing in it today, you’re not buying those past mistakes. You’re buying a cash-cow telecom business that will soon be free from distractions, along with a piece of a new content company that should be a major player in the streaming market.
AT&T expects to generate around $20 billion of free cash flow annually once the deal closes. The company is currently valued at around $170 billion, a pessimistic valuation to say the least. The new content company expects to produce around $8 billion in annual free cash flow starting in 2023.
There’s also a good chance that the omicron variant will be the most important factor affecting the stock market in December. If that’s the case, Teladoc Health is likely to be one of the biggest winners over the short term. More than half of the Fortune 500 have signed up with Teladoc. They’ve turned to the company’s virtual care services because of lower costs and greater convenience for patients. Those advantages will hardly disappear even once the pandemic is over.
Companies that benefited from stay-at-home orders soared in 2020. No company illustrates that point better than Zoom Video Communications. Shares of the leading video communication platform skyrocketed more than 395% during the year. Zoom’s recent quarterly results show that its high-growth days are far from over. Zoom’s revenue grew 35% year over year in the third quarter to $1.05 billion. Better yet, its margins expanded across the board.
December marks the busiest time of year for retailers and other consumer-facing businesses, and that phenomenon extends beyond the U.S. into Latin America and elsewhere.
That’s one reason to consider MercadoLibre, Latin American e-commerce, and digital payments giant, which is benefiting from a number of tailwinds, including the boom in its core businesses sparked by the coronavirus pandemic.
MercadoLibre looks particularly appealing at the current price because the company is becoming much more than an e-commerce business. In addition to Mercado Pago, its digital payments product, it also had fast-growing businesses in logistics.
The company has been a long-time winner on the stock market, and taking advantage of this dip should reward investors once again.
Fastest Growing Stocks
Both sales and earnings are critical for the success of these companies. Here we listed stocks with the highest growth investing ranks this month.
The Highest Momentum
When a stock price has risen faster than the market as a whole and you want to invest in this stock — it’s called momentum investing. Remember the AMC stock and how it surpassed and outperformed all the other stocks in a matter of weeks? It rose even higher than GameStop! This is kinda a momentum stock to look for!
Let’s look at the stocks that had the highest total return over the last 12 months, according to YCharts.
Top Cryptocurrencies with the Best Growth Potential this Month
Cryptocurrencies reached record highs last year but have been caught up in a whirlwind so far this year. The best cryptocurrency to buy in is mainly determined by your risk appetite and technical knowledge. Still, cryptocurrencies are finally gaining traction with institutional investors. The top cryptocurrencies offer maximum gains and have greater utility in the financial market.
Here are the ten lucky cryptos Analyticsinsight suggests you watch out for to gain higher returns in the nearby future:
- Bitcoin ($BTC)
- Ethereum ($ETH)
- Avalanche (AVAX)
- Polkadot ($DOT)
- Solana ($SOL1)
- Terra (LUNA1)
- Dogecoin ($DOGE)
- Cardano ($ADA)
- Decentraland ($MANA)
- Ripple ($XRP)