facebookIf you were to recommend a stock for people to buy, would it be? I mean there must be a reason why you believe in the company's prospects so why that company? - Seedly
Seedly logo
Seedly logo
 

Anonymous

Asked on 04 Nov 2020

If you were to recommend a stock for people to buy, would it be? I mean there must be a reason why you believe in the company's prospects so why that company?

0 comments

4 answers

Answer Now

Answers (4)

I am unable to offer any recommendations but can say that I currently own Union Gas. I believe that eating out is a trend that wont change (it didn't even change due to Covid-19). So food centres will continue to use gas - recurring profits.

0

Thank You!
Can you clarify
I wonder if
This is so helpful 👍
What about

Post

Investorean

Investorean

Level 6. Master

Answered on 08 Jan 2021

Hey Anon!

I will like to share my view on this particular stock:

Lemonade (LMND)

About

This is a company which provides insurance services. They are also committed to give back certain portion to the community.

Reason

Even though this company just recently IPO a few months ago, and its still a small company in a wide industry, but the company be expanding consistently. Recently ending of 2020, the company expanded into France. As of now, they are still expanding within US region and certain European region.

Reference for source:

https://www.lemonade.com/blog/lemonade-expansion-united-states/

I did write an article with brief summary of the company on my blog below:

https://investorean.blogspot.com/2021/01/lemonade-inc-lmnd-stock-discussion.html?m=1

Do note that this is not a buy call and please do your own due diligence!

Disclosure: I do own shares of Lemonade.

0

Thank You!
Can you clarify
I wonder if
This is so helpful 👍
What about

Post

Generally, when I look for companies, I look for a few main things:

  • Growth in the industry

  • Gro...

Read 2 other answers with a Seedly account

You will also enjoy exclusive benefits and get access to members only features.

Continue with Facebook
Sign in with Apple

Sign up or login with an email here