Stocks to Buy: PayPal, Cannabis Leader, Chinese E-Commerce, and Cloud Growth Players Offer Value Despite Recent Pullbacks
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PayPal Holdings has growth potential despite recent account declines, as payment volume and transactions per account are increasing. The company is also buying back shares and cutting costs.
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Green Thumb Industries is a leading US cannabis company well positioned to benefit from state-level legalization and a focus on higher margin products.
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JD.com is set to thrive from China's economic reopening and has a direct-to-consumer e-commerce model that provides more control over margins. It is also planning a spinoff to unlock value.
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Fastly operates a content delivery network with significant growth potential as companies accelerate their shift to the cloud. Key metrics like customer spend and expansion rates are promising.
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All 4 stocks mentioned are trading at relatively low valuations compared to their growth potential, presenting an opportunity for investors.