Anirban’s Top Stock for June 2021
June 1, 2021
Artificial intelligence (AI) is transforming every aspect of our lives. While AI enabling new products and services that were previously unimaginable receives much attention, something else is less discussed. And that’s the opportunity to apply data science and AI technologies to transform age-old industries that play a massive role in modern society. The latter can be equally great opportunities, not just for society but also for investors.
I like to hunt for big multibaggers. Companies with huge upside potential.
Typically, these companies are
A technology led disruptive force
They tend to be relatively small companies
Their business model is attractive, one that can be a cash flow machine at scale
These tend to be growing quickly
And usually are founder-led
And to top it, there’s often not enough analyst coverage of these companies.
I like ideas that fit this mould. They tend to be volatile. But a basket of such ideas, for the truly long-term investor, can deliver life changing returns.
My recommendation this month is applying AI to transform a very old but super important industry. The sheer size of this market is mindblowing. And interestingly, this small, rapidly growing company is already profitable, a rather rare combo. It checks all of the boxes I discussed.
It’s not a company without risks, in fact I call it a high risk idea, but it’s an idea growth investors should have on their radar.
If you are interested in my top pick this month, visit 7investing.com. For just $170/year, you have access to all 7 of our recommendations each and every month. And now is a good time to sign up and lock in this low subscription rate. Prices are increasing soon, but not for existing members!
I’m Anirban Mahanti. We are 7investing. We are here to empower you to invest in your future.