Profit From the Best Millennial “STUF” on the Market – 4 Companies Millennials Love
Millennials are transforming just about everything these days. And the stock market is no exception.
With this generation in line to inherit the wealth of its predecessors by 2030, it’s no wonder why investors are following the companies this generation favors.
And the best way to profit in this millennial-driven market is to follow the trends.
I have to admit … since CNBC’s Jim Cramer first used this strategy by coining the acronym FANG, I have been a little jealous.
He used the term to recommend the four stock market darlings: Facebook, Amazon, Netflix and Google. Those four stocks have skyrocketed and become legendary market leaders.
I have been thinking about this ever since! And finally, today, I want to introduce my own version of FANG that reflects our current society. I call it “STUF.”
Check out the video below to find out what stocks make up STUF.
July 9, 2019Hey everyone. This is Paul with your Bold Profits Daily.
Today I want to try to introduce my own FANG. Those of you follow Jim Cramer on CNBC’s Mad Money know that a few years ago he went on television and said if you want to invest in stocks that are going to go up because they represent technology, coolness and a lot of things that represent stocks of our time, you should invest in FANG.
FANG stood for Facebook, Amazon, Netflix and Google. Later on, people adopted Apple and put that in there too and it became FAANG. If you go back and look from the time Jim Cramer told you to invest in FANG, you have done unbelievably well because Facebook has gone up, Amazon has gone up, Netflix has gone up and Google stock has gone up.
I have to be very truthful, I have been very envious of Jim Cramer and him coming up with this acronym FANG. I have been wracking my brain for some time now thinking of what I could come up with. I came up with an idea. I came up with four stocks that fit one of my megatrends that I have no covered.
That’s what I’m going to do in this week’s Bold Profits Daily. I want to guide you through four stocks that I’ve come up with an acronym. They benefit from the coming of age of the millennial generation. The best way to display them is through apps. What is more appropriate for today’s world than apps?
I setup my phone so I had all four apps. I do have to tell you, all of these stocks are in one or another of my services. This is a little bit of a freebie. I’m giving these away because these are valuable picks. However, if you want to analysis and all the guidance that all our readers get, you’ll have to subscribe.
I am going to tell you about my acronym for the stocks is Spotify (NYSE: SPOT). Spotify is the dominant music streaming service that I believe is used by every single person 40 or under, for the most part. CDs are gone. Regular radio is gone. Pretty much everyone uses Spotify.
That’s the first stock I would tell you that if you want to capture the essence of how the millennial generation is spending its money listening to music, it’s Spotify.
The second is Tesla (Nasdaq: TSLA). Yes, you’ll be saying, “Paul, c’mon, millennials don’t have enough money to be buying Teslas.” I would tell you that is untrue. I know a lot of millennials who own the Tesla Model 3. They love Tesla. On top of that, most of them began their relationship with Tesla by buying a few shares of Tesla stock.
Tesla represents for the millennial generation technology, coolness, transportation. However, there is an identification with the brand that is of our time. That’s my stock number two.
The third one is Uber (NYSE: UBER). Uber is something that just began. I remember the first time I used Uber. Guess who told me about it? A friend of mine who is a millennial. She said, “You should use Uber.” I started to use it and I’ve never stopped. I’ve stopped renting cars and at one point in time I could see myself just using Uber all the time.
Uber is a publically traded stock. It came public just a few weeks ago. It’s in our IPO Speculator service and I believe the outlook for Uber is incredible for some of the same reasons that the outlook is incredible for a company like Tesla.
The very last one is Facebook (Nasdaq: FB). Facebook, if you don’t know, is used by everyone. However, Instagram, which is owned by Facebook, is what millennials use all the time to record what they are doing. Every time they are out doing something this is what they use.
You’ll see it is STUF. That is my attempt to come up with my own acronym to mimic FANG. STUF: Spotify, Tesla, Uber and Facebook. This is your shortcut to invest in our time and in the preferences of the millennial generation which is 93 million strong and increasingly beginning to dominate our economy and the stock market.
If you go and look, these stocks are going up and I believe they are going to continue going up. That’s what I have for you this week. If you like this video, give it a thumbs up, subscribe, like and comment. Go ahead and buy even one share into each of these. If you want coverage of these, subscribe to Profits Unlimited and you’ll get coverage of most of these companies.
That’s my Bold Profits Daily for you this week, I’ll have another one for you next week. Until then, this is Paul saying bye.
Buy Into the Millennial Generation
All four of the stocks that make up my STUF acronym are stocks that live in a variety of my services, so I won’t go into depth about each one here.
But the most important thing to keep in mind with this acronym is that it gains its momentum on millennial buying trends, as well as the rest of the modern world’s interests.
All four of these companies embrace technology. They not only make the world an easier and more accessible place, but also have the brand recognition that’s necessary to keep the general population’s attention for decades to come.
The same way that the famous FANG companies did, I believe the four companies that make up STUF have the same pull with the up-and-coming generations — if not more.
If you want to find out more about the stocks I talked about in this week’s Bold Profits Daily video, be sure to sign up for Profits Unlimited. I follow a majority of the stocks I talked about in that portfolio, so be sure to click here to learn more.
Editor, Profits Unlimited