Some new stock picks for our portfolio – New Stocks November!
On our radar are PayPal and CSX Corporation.
$PYPL – PayPal Holdings, Inc. operates as a technology platform company that enables digital and mobile payments on behalf of consumers and merchants worldwide
$PYPL dominates online transactions. And perhaps you are also aware of their successful digital wallet product Venmo. Well, they just processed their 13th straight earnings beat since going public and provide one of the most consistent growth stories around. Look at the stock over the last 5 years and it’s nearly tripled – can’t complain about that! It will continue to rise as they ring up more earnings beats into the future.
Below is how PayPal look overall
$CSX, together with its subsidiaries, provides rail-based transportation services in the United States and Canada.
I’ve added $CSX to help create a diversified portfolio. So to balance our riskier holdings, I’ve added a consistent large cap performer on board like $CSX. This leading railroad transportation company should keep us on track as they just unloaded their 19th straight earnings beat. Analysts, bloggers, hedge funds, individual investors and news sentiment are all favourable to these shares. A modest 24% upside but having this stable stock will help us sleep at night. Don’t overestimate the value of that in any portfolio.
Our New Stocks November has already seen some profits for CSX in our portfolio, so I’m excited to see what is to come!
Good luck trading 🙂