Best Stocks of March-Part1

  Best Stocks of March-Part1 Best Stocks of March-Part1:  Stock market boomed in 2021, but the gains evaporated in February. This provided the opportunity to buy the shares of popular businesses cheaply. What do you think are the best stocks for March? According to investment consulting firm The Motley Fool, the answer is as follows: • Carparts.com (NASDAQ: PRTS) • SL Green Realty (NYSE: SLG) • Etsy (NASDAQ: ETSY) • Uber (NYSE: UBER) • Airbnb (NASDAQ: ABNB) According to The Motley Fool, we will examine the shares that should be evaluated in March, together with the reasons, in two separate articles.

Best Stocks of March-Part1

-A secret e-commerce winner: Jeremy Bowman (Carparts.com) Due to the 2020 pandemic, e-commerce has been very lucrative for stocks. Carparts.com was among the top winners with shares of up to 500 %. The year 2021 looks set to be another strong year for Carparts, the American online provider of auto parts. Under the direction of CEO Lev Peker, Carparts.com ditched underperforming brands and consolidated the company's operations under the Carparts.com brand, which previously included posters such as JC Whitney and Auto Parts Warehouse, making marketing and brand building much more efficient. The company name was changed from US Auto Parts to Carparts.com. The gross profit margin increased for six consecutive quarters. However, the company was able to use a large percentage of its gains to be re-evaluated for the company. A number of macro factors also support Carparts.com. As sales of new cars fall, spare parts sales increase at the same rate. Carparts.com will announce its fourth quarter earnings on March 8th. According to Wall Street, the company will report that its revenue for this year increased 12 %. -He's about to take a big shot in his area of affiliation: Matt DiLallo (SL Green Realty) Last year was a tough year for SL Green Realty, owner of one of Manhattan's largest offices. Office tenants stayed away from skyscrapers in Manhattan due to the epidemic. While some companies continue to work on making remote work permanent, some are looking forward to returning to the offices. With the acceleration of vaccination, the date of return to the office is approaching. This is why SL Green collected 97,9 % of the office rent it billed last year and signed more than 1,2 million square meters of new contracts, although most offices remained vacant. Due to the final comeback, the value of high-end office properties is relatively good. This allowed SL Green to take advantage of the market to sell various properties at excellent prices last year. Thanks to this, it was able to increase the yield above 5 % for 10 years. Best Stocks of March-Part1  

Source: The Motley Fool

 

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