Top 3 Shares of 2021

  Top 3 Shares of 2021 New and rising consumer trends caused three stocks to skyrocket last year. Undoubtedly, 2020 has been a tough year for the US economy. The fact that consumers had to leave restaurants and airlines collectively has made some other sectors stand out. Therefore, autonomous companies in some sectors try to gain the investors by attracting the attention of the consumers. GrowGeneration (NASDAQ: GRWG), Nautilus (NYSE: NLS) and Chewy (NYSE: CHWY) can be ranked as three stocks that have generously rewarded investors over the past 12 months. Due to the Covid-19 outbreak, consumers turned to growing plants, exercising at home and pets to cope with social isolation.

Top 3 Shares of 2021

1-GrowGeneration

The demand for GrowGeneration's home gardening tools and supplies has gained a massive boost from the rise of the legal marijuana industry, allowing the company to operate the nation's largest hydroponic growing chain, with 46 centers in 11 states. Last year, the company increased its revenue by 140 % to $ 192 million. Growgeneration aims to increase its sales from $ 335 million to $ 350 million by the end of 2021. Currently, he has a cash value of around $ 180 million with minimum debt. While the stock with a price-to-sell ratio of 15 looks expensive, it's not bad for a fast-growing company with a clean balance. Growgeneration plans to increase the number of stores to 55. Pot growers are always in need of hydroponic supplies, making GrowGeneration a great option to invest in the rising U.S. legal marijuana market. The industry, currently growing 15 % a year, could be worth more than $ 25 billion by 2025.

Nautilus

Nautilus sells home exercise equipment including bicycles, treadmills and cardio / power tools. This sector has shown a great development and increased the demand for web traffic 3 times. Even those who do not want to pay for the memberships of the gyms that have risen to exorbitant prices, and those who have not thought of doing sports on their own before, see doing sports at home as a compulsory activity due to the pandemic. The fact that sports trainers turned to manage this from their homes was enough to revive the sector. The company's revenue increased by 152 % compared to the same period last year and reached 155 million, showing the biggest performance in its history in the third quarter of 2020. The past quarter was the fourth consecutive quarter in which Nautilus generated positive cash flow. The company currently integrating its physical equipment with digital features so that it can generate recurring subscription revenue like peer Peloton Interactive. Despite the excellent performance, you can buy Nautilus shares for only 2 times cheaper. 3-Chewy In the three months ending November 1, digital pet food supplier Chewy set a record sales of $ 1.78 billion, up 45 % from the previous period, reaching $ 55,3 million in Q3 2020. Chewy currently has 17,8 million active customers on its platform. While the number of customers of the company is increasing, its sales are also increasing at the same rate. One of the best dog stores still in the US pet market is Amazon. The company is expected to account for almost half of a $ 56 billion industry by 2025. But Chewy's biggest advantage is its ability to meet prescriptions ranging from heartworm to eye care and anxiety medications. Chewy, like GrowGeneration, is a fast growing company with an outstanding balance sheet. The net profit margin of the company, which reached $ 505,8 million in net cash, is 2,2 %.

Top 3 Shares of 2021

   

Source: The Motley Foll

 

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