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?

Question

James Yeo · Accepted Answer

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.

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YJ · Answer

GOOGL. you using apple phone, Microsoft computer. U sure go online. Everybody love watching Youtube. When want to go Amzon or facebook page, we will always use google search engine.

Chris · Answer

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

- Growth in the industry

- Growth in revenue/earnings

- Increasing Market Share

- Healthy financial position

- Ideally, scalable business model

Using this approach has driven me generally to tech companies usually in the software as a service style business model.

Personally I am most bullish on Cloudflare and Sea Ltd but DYODD.​​​

Investorean · Answer

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.