Back in November 2022, the LikeFolio team shared our early predictions for which stocks we thought could triple in price in 2023.
We recently sat down to catch up about those predictions.
Andy's pick of Coinbase Global Inc. (COIN) has thus far achieved the highest max gain as of our video recording, but Landon is quick to note that his pick of Hims & Hers Health Inc. (HIMS) had the largest current gain.
I haven't given up on Pinterest Inc. (PINS), as it's still a company worth following because of the happiness levels of its users and how well it is connecting its users with relevant advertisements.
We found that this series was so popular that we decided to share three new picks that we see having the potential to triple in price by the end of the year.
Landon started off by cheating just a little bit by choosing a cryptocurrency instead of a stock, but I think you'll still like what he has to share.
He sees that one crypto is starting to prove itself as a store of value and a transaction medium. He's also seeing a renewed interest in crypto investing.
Putting everything together, Landon believes there is a bullish case for the price of this coin to revisit its previous all-time highs by the end of the year.
With his pick, Andy is focused on a company that makes marketing campaigns more relevant and helps companies reach new audiences. In particular, this company helps marketers connect with “cord-cutters” by setting up advertising opportunities on streaming services.
And advertising on streaming platforms is growing by leaps and bounds…
Revenue for the entire video streaming app industry totaled $72.2 billion in 2021 and is projected to reach $115 billion by 2026.
Finally, I weighed in with my pick.
It's an innovative company that lets you return your running shoes through a subscription-based model. It then sends you back a new pair, which is a genius business model for creating reoccurring revenue.
You can find out everything you need to know about our three picks by clicking on the play button below:
Until next time,
Megan Brantley VP of Research, LikeFolio
LikeFolio Team
Investment Pick Timestamp
Landon
1:35
Andy
5:40
Megan
9:40
Cracking the “Genetic Code” of the Stock Market
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TradeSmith is not registered as an investment adviser and operates under the publishers' exemption of the Investment Advisers Act of 1940. The investments and strategies discussed in TradeSmith's content do not constitute personalized investment advice. Any trading or investment decisions you take are in reliance on your own analysis and judgment and not in reliance on TradeSmith. There are risks inherent in investing and past investment performance is not indicative of future results.
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