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Well howdy there folks and welcome into today’s video so now that the model s platinum model s plot has been towed away i have a lot more time on my hands to buy stocks and make youtube videos so hope you guys enjoy this today we’re going to get into five stocks that i just bought here today yes not one not two not three but five stocks i bought here today and
Why i bought these five particular stocks hope you guys enjoyed this video as always just so you know we got a free seven days going on right now for the private stock group so if you ever want to experience a private stock group and get in there for free seven days check it out now that will be pin comment if you’re interested in that already guys so before we
Get into this anybody that knows my channel you know i say this but folks that uh maybe are new i care about the next four years not the next four months basically meaning i’m a long-term and faster in these companies i’ll let the short sellers have their uh celebrations in the short term right one of these stocks goes down or all these stocks go down in the short
Term and they’re celebrating they’re calling uh folks like myself idiots that are buying these stocks right and at the end of the day every single stock i buy i want it to be massively higher in three years four years five years from now than it is when i’m buying that stock right it doesn’t matter three months four months and five months from now at the end of
The day when it comes to you know short-term stock price moves you know you can feel really down about yourself or you can feel really up about yourself right all of a sudden you buy a stock and it goes up immediately you start thinking you’re a rocket scientist and you’re going to make 10 a day every day right and all of a sudden a stock goes down a bunch short
Term uh that you buy into right over the coming weeks or months and you start feeling like you’re the biggest idiot in the world right i try not to get ever too caught up into those short-term stock price moves and i would say for you guys don’t don’t go down that route because that’s a rabbit hole you don’t want to go down to focus over the long term and uh buying
Into great companies that you truly believe are locked in already guys let’s get these five stocks up here first one i bought here today is honest company hnst so honest company i got that order filled at nine dollars and 12 cents here today honest company is in a vicious downtrend right now and i just started getting involved with the stock i plan to build this
Into actually a very very large position of mine honest company if you don’t know them they sell diapers they sell wipes they sell soaps they sell beauty products i mean you go into a target store and you will find a whole lot of honest products in that dang target store i mean a whole lot of them the whole company right now is trading a little over 800 million
Dollar market capitalization on this company right now company went ipo in the past year it’s been doing what a lot of ipos do right where it starts out hot and then it goes down trends viciously that’s exactly what’s been happening with this talk and uh very very recently here i’ve gotten involved with the stock and started buying and i plan to like i said i want
To build this into a multi-six figure position if not a seven figure position the end of the day this needs base business model i love needs based business models it’s kind of a recession play to be quite honest which there’s always you know rumblings out there about something like that happening especially with deflation potentially coming and obviously stimulus
Going away you never really know but i like companies that are needs based i like companies that are recession place that even in a recession scenario this company would likely still see its business thrive because at the end of the day the products they’re selling are needs-based products and keep in mind when it comes to honest company you know this is a company
That doesn’t even really have a deal in place with walmart right now imagine if walmart and them ever land a big deal together similar to how they have it with target right and i’ve seen target jump ahead a lot of times of walmart like six months 12 months 18 months 24 months ahead of you know basically products that walmart ends up getting into target was in them
A year before two years before sometimes even several years before them so honest company i think it has huge growth over the long term i like the management team in place jessica alba is still very uh intertwined with the company as far as their their new products innovation branding marketing things like that which i think are is a very very important thing so
Yeah honest company bought that one here today i plan to continue to buy that one over the coming months i really really like that stock’s one of my favorite stocks right now it’s under ten dollars a share already guys next stock up here i bought well this one could have been a little predictable the chef some tattooed chef it’s at 1747 today i said i had to buy
Some here today when it comes to chef i mean this is just uh you know i know we’d like to make jokes about it goes from basically 24 to 16 from 16 to 24 and things like that and it’s kind of what it does and right now it’s on its downdraft down to 16. and uh you know it’s it’s fun to make jokes and things like that but i’ll tell you what’s not a joke this company’s
Growth the company is a holy smoker saying no jokers if you look at this company they’re landing deals with almost every single big grocery store chain and every single company you want to potentially be into they’re landing deals i don’t care if we’re talking kroger albertson safeway whole foods publix it doesn’t matter everybody they’re getting into right now
Now keep in mind 2021 is the year where they’re getting into all these retailers but remember this the numbers start to show up in a massive way in 22 right because you just start getting some initial orders for a lot of these retailers but 22 is when you get that backfill and you get a full year in a lot of these retailers and so that’s some food for thought there
No pun intended that you know a tattooed chef they’re really just seeing the initial numbers hit when it comes to these deals with these retailers and then more and more is coming and guess what we’ve seen look what’s happening with target where in target tattooed chef landed with two four products right now they expanded into six eight products ten products twelve
Products there’s talk that they could be twenty plus products by the end of this year meaning 2021 right and so that’s coming as well the the revenue growth the growth of this company overall the execution it’s it’s not a joke that’s just bottom line the stock price is a bit of a joke because it down trends to 16 it goes back up to 24. long term that is not what’s
Going to happen with this company it will become a growth stock in terms of stock price and the stock will go to 20 30 40 and beyond in my opinion over the coming years and it’ll just continue to be a beast especially as cash flows continue to build for the company and they they basically had that revenue growth on top so tattooed chef is a multi-multi-year growth
Engine that i’m super excited about all right guys next stock up here that i just bought voyager and digital so this stock’s been a vicious downtrend i picked up shares today for 9.33 a share when it comes to voyager digital ticker symbol v y g v f this is a crypto brokerage and just five days ago they got some huge news voyager digital secures final approval
To begin operations in europe this stock has been in one of the most vicious down cycles you’ll ever see from roughly around thirty dollars to here today is nine dollars a share nine dollars a share the stock has been absolutely devastated as a crypto brokerage and keep in mind bitcoins pretty much uh right around all time highs right now and so there’s a ton
Of crypto excitement obviously out there but this stock just continues to be devastated now when it comes to voyager digital if you’re at all even remotely bullish on crypto it is a hard stock not to be somewhat excited about especially at the valuations gotten pushed down to because at the end of the day the growth for this company is enormous enormous growth
Company and when we’re talking about sixty thousand bitcoin right or potentially eighty thousand hundred thousand plus bitcoin if you at all believe those are the sorts of prices bitcoin is going to go into imagine the amounts of money voyager is going to make because voyager basically makes money as kind of being the middle man and uh those transaction fees that
Folks don’t really see in there right the what is referred to as spread and keep in mind when it comes to voyager they they have some of the most attractive interest rates out there so they can lure a lot of big whales away from other crypto brokerages to basically using voyager digital now when it comes to voyager digital if you don’t believe in crypto over time
Then there’s a stock that’s impossible to own it’s impossible for me personally i don’t own bitcoin or dogecoin or cardano or any of those right and so for me i i’m saying i’d rather be in the pixel shovels business and if crypto falls then i have a small investment in voyage digital and it would fall but keep in mind the stocks already been so dang devastated and
Here’s the thing voyager can pivot and become more than just a crypto brokerage over time and so at the end of the day when i look at voyager digital and look at this stock price it’s been absolutely devastated into the floor i say okay you know i’m willing to be a buyer and buyer and buyer and my plan is to continue to buy this talk if it continues to kind of be
In this vicious downtrend as far as a bitcoin crash a crypto crash happening next year it’s certainly a possibility but on the flip side you could say it’s also a possibility bitcoin could go up a bunch because of all these new etfs and things happening there but other than on the flip side you could say well regulation could be potentially coming in in a major
Way in 22 because the crypto market’s basically gotten so massive now it’s impossible to ignore the you know we’re talking about this is uh the crypto market now is a multi-trillion dollar market cap it’s impossible for the governments to ignore so there’s a lot of puts and takes there all i know is voyager digital under ten dollars i’m going to pick up some shares
Here and there and basically just hold the stock and uh we’ll see how this plays out over the coming years okay next stock up here that i bought is uh corsair gaming another devastated dog stock all these dogs i’ve been bought today basically are basically beating down dog stocks okay corsair gaming crs are bought those shares at 24.92 cents course or gaming has
Just been you know kind of one of those in another downtrend not as vicious as some of those other stocks we looked at but let’s be quite honest it’s still you know a stock that’s in a really really tough place trading just over two billion dollar mark cap on this company a p e ratio a forward p ratio that are pretty darn cheap now this obviously came out recently
Right corsair issues preliminary q3 guidance trims guidance essentially and if you look at the numbers and what management team said basically it’s nothing to do with the company mis-executing or people saying we don’t want corsair products we don’t want elgato products nothing like that at all it’s just at the end of the day when it comes to corsair gaming there’s
A huge chip shortage out there and supply chains are still messed up plus the company has to deal with headwinds from the perspective of transportation costs and those sorts of things and so the corsair has just been in a tough place plus they had the if we’re talking about the stock price they have a huge short interest and huge short attacks going on plus on
Top of that they have the whole eagle fund or whatever they’re called who’s been selling shares of corsair gaming right dumping those on the market and just making people fearful about what could that fund do or not do where’s the bottom for corsair those sorts of things so this stock has been just caught up into a whirlwind of of just it’s been a horrible year
For 20 in terms of 2021 for corsair gaming when it comes to just all the worries the legit worries around this company the non-legit worries and it’s created a stock price that you know all basically put on any measure this company’s significantly undervalued the stock looks like it’s a coiled spray waiting to shoot off like a rocket ship but it’s just a matter
Of time when it comes to corsair gaming i’ve seen the management team execute on a very high level right considering everything that they can control they’re doing a great job when i see the innovation coming out of the company they’re doing a great job when i see the brand they continue to build with corsair and elgato when i see the the company’s vision being
In the forefront of hardware products in the gaming industry and the streaming industry at the end of the day when it comes to corsair gaming the stock’s significantly undervalued now another thing that i feel very very comfortable with in corsair gaming is i don’t think there’s a huge downside for corsair gaming and also there’s been a huge amount of support in
The 24 dollar range for corsair it’s hit 24 a couple times in the past few months and this is a stock that just continues to hold strong in that range so you know is it possible corsair could go down to 18 20 something like that yes absolutely everything’s possible but i don’t see it being the most realistic scenario the reason being is there’s so much bad news
Already baked in the stock price that all this stock needs is some little bit of good news to come out and the next thing you know the the stock shoots off like a rocket ship right but not just that the valuation has been pushed down so low on the p and the forward pe metrics that it just you start to look at the stock and it’s just ridiculous to be trading at
These sorts of valuations when you look at the long-term growth a company like corsair has ahead and lastly when you think about all the headwinds this company has they’re all short-term headwinds these are all 2021 type headwinds for the company right and think about as those headwinds unwind and those go begin to become basically tailwinds which much of what’s
Been going on with this company has been short-term headwinds that don’t last forever those things last for you know a few quarters three quarters five quarters and then they’re done and then those turn into tailwinds for the next three to five months after that and also next thing you know of course there’s profitability revenue growth everything across the board
Is looking great and where do you think the stock price goes i’ve seen it time and time again being in the market for a long long time and so corsair gaming uh yeah needless to say i’m very excited about that stock over the coming years over the short term it’s been in a tough place but even in the short term it’s hard not to see that stock turn around in a massive
Way because they have so much bad news baked in and all they need is a little good something okay next stock up here is the planet so the planet yeah i went ahead and bought some shares this stock i haven’t bought this stock very much recently but i mean the stock price has been hit and hit and hitting so i picked up some shares here today 389 shares at four dollars
In two cents for the planet planet 13. okay when it comes to plan look at the stock price i mean it’s it’s you know it’s been on a vicious downtrend specifically over the last several months right it’s just been you know at the end of the day i think there was a lot of excitement and a lot of hype in the stock maybe when it was in that seven eight dollar range
Even the high sixes and just all the hype left a ton of these stocks including the planet right and so now this is a stock that’s basically just kind of floundering down trending and you look at volume here today volume was high right we got over double volume here today and the stock was still down two percent trading around 800 million dollar mark cap and keep
In mind the planet is a company that recently had as much as like nine figures of cash in the balance sheet it’s a growth story that i don’t know when you know the planet stops growing right as far as revenues double digits but it’s so far from now i can’t even imagine it i can’t even imagine what year it is when the planet finally stops growing revenues double
Digit percentage you look at they just acquired the florida licenses so they should have many many stores up in florida over the next 24 months plus you have obviously the orange county superstore continuing to build business you have the vegas superstore that’s as popular as it’s ever been if not more popular right plus the medicine store which is their smaller
Format store in vegas which they’ll be able to implement a lot of what made them successful with the medicine store into the florida stores and even take those to the next level right and make those even better so at the end of the day when i look at this company and then you think about the own brands opportunity this is a company that someday won’t grow double
Digits meaning 10 plus per year but i don’t know when that is and it’s so far from now and the story is so dang exciting and federal legalization has to be right around the corner right when you think about all these things and on top of that you think about it from the perspective of financing is easing up finally for a lot of these companies finally the banking
System can give more traditional loans to these companies which is a huge win and a next big step toward federal legalization this is massive for the plan and that’s why i picked up some shares here today as a long-term investor that company i’m really excited the management team has done nothing but impressed me since i’ve ever ever owned that stock so i’m really
Really excited there so yeah guys those are five stocks i bought here today all beaten down dog stocks that i love for the next several years i think will be huge money makers for us so only time will tell if you want to check out free seven days in my previous stock group check out the pin comment down there join in there we’ll get you on board with somebody from
My team and uh yeah i hope you guys enjoy that and hope you become long-term members who love being part of the group with us in there much love and have a great day
Transcribed from video
5 GROWTH STOCKS I JUST BOUGHT By Financial Education
