Best Stocks of March-Part2

  Best Stocks of March-Part2 Losses in February 2021 gave the opportunity to create a favorable market environment to buy popular stocks. Investment consultancy firm The Motley Fool listed the best stocks of March. We reviewed the first 2 items of this list, which includes 5 stocks, in our previous article. Let's take a look at the others.

Best Stocks of March-Part2

-An e-commerce winner according to Amazon: Brian Feroldi (Etsy) When it comes to e-commerce, Amazon.com (NASDAQ: AMZN) looks like the only company to collect stocks from the market. Etsy has proven to be one of these e-commerce winners. The company's platform connects buyers and sellers of homemade products. Etsy's 2020 figures show that the demand for the platform is increasing. Etsy took full advantage of the increased demand. Etsy's net income increased by 265 % to $ 349 million. With all these developments, Etsy's shares reached an all-time high. The positive performance of the company is expected to be permanent. -Take a ride with this stock: Adam Levy (Uber) Uber is well placed to re-open the economy after its comeback. The company has a unique ability to transform its network of drivers and customers into new (and legacy) opportunities across its range of services. This ability gives him a great advantage compared to other companies. Uber's most valuable assets are their local network of drivers and customers. As a result, Uber has a stronger network advantage in 2021. This advantage will pay off as people return to travel again. Despite the massive decline in mobility revenue last year, the segment remained profitable on an adjusted EBITDA basis. Management predicts positive EBITDA will be generated in 2021, with increased delivery business profitability and return of mobility. - Open the door to this travel stock: Chris Neiger (Airbnb) Some investors may oppose the idea of ​​investing in a home-sharing company while the pandemic is still going on. In fact, on the contrary, the pandemic will end and travel will return. Thus, Airbnb will remain in a good position with the benefit it provides. Travel definitely took a big hit last year, and Airbnb's revenue fell with it. In 2020, a period when essentially the whole world was not traveling, company revenue fell by only 30 %. With many parts of the United States reopening and the distribution of coronavirus vaccines, Airbnb is optimistic that there will be a "significant recovery in travel" this year. Investors have increased the company's shares by more than 40 % since it went public in December. Airbnb seems like a great choice for investors looking for companies to grow due to the recovery in travel.  

Best Stocks of March-Part2

   

Source: The Motley Fool

 

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