Anirban’s Top Stock for May 2021
May 1, 2021
Businesses are moving to the cloud to unlock new opportunities. And yet, as with any transition, this change is also presenting new challenges in the areas of performance, reliability, and security pertaining to computing infrastructure, applications, and users.
7investing Lead Advisor Anirban Mahanti’s recommendation for May 2021 is a founder-led, fast-growing cloud computing specialist that addresses the myriad performance, security, and reliability challenges of the new cloud-era. With a sticky software-as-a-service business model, a history of innovation and exceptional execution, a strong balance sheet, and a large addressable market, this company has the potential to deliver outsized returns for the patient, long-term focussed investor.
My biggest winners tend to share some traits. These are businesses with huge addressable markets. They already have sizable revenue and are growing that revenue base at a fast clip.They tend to be led by visionary managers who prioritize long-term success over short-term wins. They innovate at a crazy pace, and along the way, enter and conquer new markets.
Finally, the market is often inefficient at pricing the long-term potential of these companies.
I am 7investing lead advisor Anirban Mahanti.
My recommendation this month is a software-as-a-service business that is a disruptive force in the cloud computing space. It ticks almost everything I expect to see in a long-term winner. Rapid innovation. It has hundreds of million in revenue and is growing that quickly. Founders are involved in day-to-day operations. And it has a large and growing market opportunity. I think this stock offers patient long-term investors the potential for multibagger returns.
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I am 7investing lead advisor Anirban Mahanti. We are here to empower you to invest in your future by providing our top 7 stock ideas every month for just $49 per month.