Luke's Top Stock for August 2022 - 7investing

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Luke’s Top Stock for August 2022

7investing Lead Advisor Luke Hallard's top stock to buy in August 2022 is a technology leader that’s providing a mission critical capability to its customers.

August 2, 2022


7investing Lead Advisor Luke Hallard’s August recommendation is a founder-led company with a widely acknowledged world-leading capability that’s ideally suited to help its customers meet the challenges of the current difficult macro environment.

Transcript

You know, it’s easy to overcomplicate stock picking, but often the best route to long-term returns is to simply identify a growing sector and to buy the category leader. This month I’ve done exactly that.

Hey everybody, I’m 7investing Lead Advisor Luke Hallard. My top stock idea for August 2022 is a widely acknowledged technology leader that’s providing a mission-critical capability to its customers.

The current difficult macro environment is actually a spur for the incredible growth my August rec is experiencing, generating significant need for its products and services, and helping them sustain a healthy free cash flow position.

To be totally honest, even once we finally get back to some semblance of normality, I don’t anticipate any letting up of demand – we’re just living in a different world these days with a wider array of challenges to face, and my August recommendation has a world class offering that’s ideally suited to help its customers meet this need.

The company’s founder CEO is an expert in his field, and has steered the firm adroitly over the last decade. I’m really happy to put my faith in his leadership for the coming decade, this one’s a long term holding for me personally.

If you’re interested in knowing more, you can follow the link at the bottom of this video.

I’m Luke Hallard. We are 7investing. And we’re here to empower you to invest in your future.

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