Top 3 High-Growth Stocks to Buy in September 2021
September is here, and you are asking yourself, "Which stocks should I buy now"? I've got your back! I have three stock ideas for you to explore. These stocks have been beaten down from recent highs, and they could be an opportunity at these levels. Today's video is focused on three high-growth stock picks, and each is focused on a unique megatrend:
Indie Semiconductor (NASDAQ: INDI) was founded to focus on semiconductor and software solutions for the automotive industry. It creates connected car solutions, user experience solutions, electrification applications and equipment, and edge sensors for Advanced Driver Assistance Systems (ADAS), which includes lidar. I have been researching this company for a while, and I have been buying shares under $10. Recently, I discovered that both David Aldrich, retired chairman of the board of Skyworks Solutions (NASDAQ: SWKS), and George Soros, legendary billionaire hedge fund manager, have been buying shares of the stock. In fact, Soros recently purchased 2.5 million shares of INDI at $9.87. David Aldrich is also on Indie's board of directors, and he has an incredible track record in the semiconductor space. Don't get me wrong, I don't buy a stock simply because others do, but it does strengthen my conviction. In the video below, I provide deep-dive stock analysis on Indie. Please watch to get a full understanding of the company and the megatrend it's trying to capture.
Roku (NASDAQ: ROKU), a pandemic winner, has been under pressure since its latest earnings call. Growth is decelerating, and supply chain problems have placed pressure on profit margins. Roku released a letter with its latest earnings announcement. In the letter Roku stated that "tight component supply conditions and shipping constraints" had caused elevated prices. Additionally, the company said, "In Q2, we insulated consumers from increased costs for Roku players, which resulted in player gross margin turning negative in the quarter." Is Roku simply a stay-at-home stock, or is it a long-term winner for your growth portfolio? Watch the video for my take on the stock.
Source Fool.com
