Matt’s Top Stock for May 2021
May 1, 2021 Advisor: Matthew Cochrane
As corporations around the world undergo digital transformations, it’s easy to get distracted by hot IPOs or sexier SaaS stocks that are participating in some of these trends. But few companies are participating in all of the digital trends like 7investing Lead Advisor Matthew Cochrane’s May stock recommendation.
Not only is this a growing company, but it also sports a rock-solid balance sheet, a growing dividend, and sky-high margins.
Sometimes the best stock recommendation is the one hiding in plain sight, the one everyone knows about. You don’t have to get into the ground floor of the latest and hottest IPO to realize market-beating returns in your portfolio.
Hi, I’m Matthew Cochrane, Lead Advisor at 7investing. When investing, I like to look for companies with strong economic moats, or competitive advantages, preferably in growing industries with large market opportunities. While this requires a lot of qualitative work, including wading through conference call transcripts and 10-K filings, I don’t think there is anything more important factor than understanding a company’s moat.
My recommendation this month checks all of these boxes. It has several strong economic moats surrounding its diverse and growing streams of revenue. In some cases, its competitors even offer free competing products and yet its customers still choose to pay for its products and services. It is led by one of the deepest leadership teams in the world with who I believe is one of the best CEOs in the world at the top.
If you’re interested in my stock pick this month, visit 7investing.com. For just $17 per month, or $170 for the entire year, you will gain access to all 7 of our stock recommendations each and every month.
I’m Matthew Cochrane, we’re 7investing, and we’re here to empower you to invest in your future.