Top 5 Stocks To Buy NOW (HUGE Growth)

the stock market has been flipped on its head however there is an upside to this I've picked out five stocks that you can now get into cheaper and it's the perfect time to implement them into your portfolio so strap in because this one's going to be a barn burner hey guys Cory here welcome to the channel be sure to subscribe and tap the Bell if you enjoy the content and if you're feeling generous and you really appreciate my time you could give me a thumbs up as it helps the channel grow in this video I'm going to go over the top five stocks that you guys need to implement into your port folio right now because they are cheaper now that the market is down and it is a perfect buying opportunity you know what Warren Buffett says when the market is greedy be fearful and when the market is fearful which is right now be greedy and it's time to buy if you guys enjoy this video but you're really unsure of how to gauge stocks to get into on your own or you're looking to enter the stocks that I'm showing you in this video and you just don't understand options or trading I am offering one-on-one coaching full Discord and training course with trade alerts that you guys can sign up for at anytime at my website at invest withc cory.com right there on the screen or in the information box below my Discord members love it they're making money every single week you guys can see the comments on the screen let me tell you guys that there was a time where I was flat broke and after years and years of studying and learning and honing my craft in the market I achieved Financial Freedom I can buy my kids dirt bikes pretty much any toys they want go on vacation I've been able to buy the cars that I want a new car every 6 months to a year I'm able to buy a new house every couple of years years if I want to move out and go to a different neighborhood I have Financial Freedom I can go on vacation I'm able to do the things I want to do and I love cars and I'm able to enjoy that Financial Freedom but I told myself once I achieve my goals of Financial Freedom that I would help others achieve the same thing and it really drives me every single day you guys can see the testimonials on my website and they say the exact same thing everybody who's in my Discord that I've been coaching loves me and loves my program and they all say the same thing that I go above and beyond because I really truly care about your financial success so I hope to see you soon you guys can sign up invest with cory.com I just launched my masterclass boot camp it filled up in 3 days so I'd launch another masterclass boot camp there's only two spots left so if you guys want to sign up for that Advanced Training this way I can show you guys everything you need to know to grow your wealth so we're diving into the number five stock right now we're talking about Sound Hound this is the perfect time to buy sound it ran up to $10 came back down to $390 then it was back up to $610 on some good news earnings is in 2 weeks so right around $450 the perfect time to add this stock to your portfolio they're sitting on $190 million in cash completely debt-free they acquired all set AI voice ordering system as well as a potential partnership with McDonald's and they're also working with other restaurants in the industry Nvidia also invested 8.2 million shares in SoundHound so this is is also a really good thing because the company has a lot of projected growth in the future so SoundHound is your number five pick number four a lot of people have been talking about PayPal now I like PayPal however I think there's a much better stock out there that is square square also owns cash app and they've been around quite a while and their business is really successful they're profitable they have a really good balance sheet and their year-over-year growth is fairly strong and right now their oneyear price Target is like $85 and you can get square for $60 to $62 right now so it's the perfect time to add Square to your portfolio so right now you can see you guys could get it for $61 it was running up to 73 although the market sentiment is pretty bad so I say it's a very strong buy I would be selling $60 puts $59 puts $61 puts trying to get in right now the balance sheet is good earnings is coming up on August 1st and we also have the financial statements to quickly go over if you guys are having understanding these financial statements my full training and one-on-one coaching does explain all of this in Vivid detail so if you're having trouble understanding what I'm talking about in this video you understand which stocks are good but you don't understand why I offer that in my one-onone coaching and full Discord like I said you guys can sign up at any time invest with cory.com right there on the screen and we can see revenue is up trailing 12 month is incredibly good operating income gross profits all good pre-tax is really good most important eida very good come up here to the balance sheet we can see net debt two 2.16 billion in cash they're sitting on $2 billion in cash no net debt 34 billion in total assets and only 15 billion in liabilities absolutely magnificent and then we look at cash from operation activities in the trailing 12 month excellent free cash flow yet again excellent square has done a very good job very good balance sheets just by looking over everything here absolutely wonderful this is why square is better than PayPal the number three stock might come as a surprise Wayfair or W as the ticker symbol Wayfair is very strong this company has launched a new program called Welcome to the waor hood with physical stores and the first one launching in Chicago Wayfair has been a staple you could sort of say it's somewhat similar to Alibaba in a way but it's mostly Furniture I guess more like Ikea and the good thing about Wayfair is that they're now launching physical stores and they're going to maintain their online presence let's take a look at the financial statement as well as the chart and show you guys exactly why Wayfair is a good buy right now so Wayfair likes to run between 45 and $75 it spends most of its time lately in between 50 and 52 and making some runs up to 74 we can see the one-year price Target is 71 there's over $23 upside to the stock earnings is next week right now it's a bargain I have 300 shares in my portfolio my average cost is $50 flat which is almost $2 off from where the prices right now but that's due to the market sentiment and the fear and the selloff so I would say between 47 and 48 you should be adding just add right now because there's going to be a lot of upside even if the price comes down a little bit it's going to jump right back up with earnings they're expected to beat the earnings estimate and the earnings is 48 cents EPS whereas the previous two quarters were - 31 and15 so this could be a breakout in price due to meeting or beating the expectations if they meet or beat expectations it is going to run it will not surprise me at all to see Wayfair push 65 to 70 meaning if you're just getting in it for the short term just for earnings there is a potential for ,000 to $2,000 upside on a 100 shares I recommend holding longterm for at least a year I feel way fair in the next few earnings quarters is going to be phenomenal I do see Wayfair being between $70 and $80 by the end of the year early next year so I would definitely hold longterm when we go look at the balance sheet we're going to take a look at this total revenue 2.73 billion gross 817 or excuse me 819 million 3.46 trailing 12 month that's a lot 3.46 billion net income is in the negative however the EAA is just about it break even this is where profits start to come in it's getting better though we see they go from -247 to Nega 52 so they're getting better Wayfair is getting better they're not quite profitable yet but that's expected to happen on this earnings and the next earnings now is the time to add balance sheet total assets 347 billion their net debt is only 2.6 6 billion which is not a lot considering their assets are almost 50% higher so that's not too bad cash flow they're negative in the cash flow right now but if we look at cash or investing activities and then we go over to the balance sheet we see that their total Equity right now is due to shareholders so we can see here there's some common Equity total here and the retained earnings this has got them in the negative a little bit but there is a lot of growth potential in Wayfair and they're expected to beat the EPS earnings this is really mostly a gross stock I highly recommend Wayfair right now and looking at the chart you could see that it's really at the I guess you could say 6 to 8mth low so we're expecting a nice run for earnings I'm expecting somewhere between 58 and 60 up here perfect longterm and even better shortterm Wayfair is one of those stocks you want to put in your portfolio right now the number two stock now this one might come as a surprise maybe not the number two pick for me is really important because it's in the financial sector they just partner with RONA Hardware in Canada as a payment service and Zach's rank in system Zach stocks and finance they have just moved this stock from a number three which is a whole to a number one strong buy they have a ranking system that goes from five strong sell four to sell three hold two buy and one strong buy Zachs recently in the last couple of days upgraded this stock from a three which is a hold to a number one which is a strong buy this number two pick is a firm a firm is a very good company has a lot of movement and a lot of growth potential and with this partnership along with the update ranking system with Zach this is the time to get into a firm and since a firm usually trades between $29 and $33 getting it around 27 or 28 right now is a steal if you can get in right now and sell $26 puts that's great but you may not get a sign I highly recommend buying the shares if the stock price ends up coming down a little bit further over the next week to say 26 or 25 dollar cost average a firm has a price target of $40 in the next 12 months this is really the strongest stock right now in my opinion on my list overall because this stock runs from $30 to $39 in a matter of a few days so an earnings comes up next month if they meet or beat the estimate this stock could run to $40 next month signaling a $1,300 profit per1 shares that is like a 27% return in a month or less this is the perfect stock to buy if they end up becoming fully profitable and growing year-over-year by this time next year or the year after a firm can be pushing upwards of $60 to $80 where square and PayPal sit this is one of those stocks and airm is very strong let's look at the financials and the chart so you can see here on the chart it's at a 8mon low right now the last time it was this low was in November of 2023 and it's very unlikely to break through this area because all these people that sold all these investors that sold when the price comes down they're all going to buy back in which keeps forcing it back up I think we're at a really strong support $27 2650 that's the support it might fall to 2550 or 26 but I highly doubt it this is pretty close to the floor it might actually be the floor now so I would get in you could see how much a firm has been running and then it ran all the way back up to 39 just a few weeks ago so with earnings coming up I think it's going to consolidate and pull up a little bit then we're going to have a nice run this is a very good stock to get into right now you can see they're getting better every single quarter from 70 cents all the way up to -43 and this earnings they're supposed to be somewhere between 40 and 50 so constant growth if they beat this and they're say - 35 or -4 or even better than that is going to just blow everything out of the water it's going to be amazing now it's hard to say if that's going to happen but looking at the cash flow they have $161 million in cash flow trailing 12 month is Awesome from operation activities they have 208 million the balance sheet shows 4 billion in debt but they also have 9 billion assets so it's fairly strong there 576 million in their total revenue operating income - 20.99 million however net income is also negative but they do have cash flow and revenue so that money is going back into the business which is a good thing eida is 16 million this is very important they've been negative on the eida every quarter until this previous quarter so this quarter has better EPS revenue and EB all and it meets or beats the estimates which is very important it is going to run this is going to be incredible for a firm so I highly recommend taking a look at a firm and adding it to your portfolio as ultimately this right now is my favorite stock and I have 15,000 in a firm in my challenge account and I have 30,000 in a firm in my large account so I'm all in I might even add more to be honest Wayfair and affirm my two big ones right now as well as square but this Segways us into number one what is the number one stock right now at least my number one pick well my number one pick is pretty obvious everybody who watches my channel can pretty much guess right now what my number one pick's going to be and no I'm sorry it's not Sofi I'm sure you guys at this point have figured it out the number one stock to add to your portfolio right now more than ever palen here the one stock you need to add to your portfolio right now more than ever this compan sitting on almost 5 billion in cash year-over-year growth is accelerating a lot of commercial and government business they have boot camps that they're running to get people into their AIP platform this is an AIP that's Deployable in 10 hours giving you a working AI product this is the software of Nvidia and I've said this many times this is the stock you can't miss and now that it's down from $29 to under 27 and could potentially reach as low as 25 in the next few days my number one pick palen here Palance here goes without saying is the best stock right now best growth stock for 2024 with the rates being cut coming up in September 90% likely to happen probably higher than that Palance here is going to run their year-over-year growth is exceptional they have lots of government contracts they have lots of commercial contracts geopolitics doesn't affect them the stock price hardly moved only $2 and change $3 versus all the other stocks that dro1 $20 I mean Palin here dropped roughly the same amount as Ford and they're almost double the price this shows you how strong paler has maintained its foothold in the market even with all of this fear Palance here has earnings coming up so it's the perfect time if they meet or beat the estimates you're going to wish you were in Palance here is a Long play though so it could come down to 23 24 although it's highly unlikely it still could but it's eventually going to run the market cap is going to go from where it's at highly likely to 250 billion in the next 3 to four years by 2029 which means the price is likely highly likely to be between $130 and $150 in the next 3 to 4 years this is the next big move palen here is it the number one pick let me show you the chart let me show you the financials and explain to you why this is such a great pick you guys can see right here Palance here has had a nice pullback this is a very strong support at 2630 or $26 so if you can get in at 2650 or 26 get in this is the time to get in even if it pulls back just add pulls back add because when it runs with dollar cost averaging you're going to make all kinds of Juicy premium and profits you can also sell covered calls but be very careful of that let's go and take a look at the EPS you guys can see they're profitable 5 cents 78 eight and now they're expect to be eight again if they're nine or 10 oh my God this thing is going to run let's take a look at the financials here look at the balance sheet net debt 345 billion they're sitting on $3.45 billion in cash that's pretty crazy right wouldn't you like to have 3.45 billion I'd like to have 1 billion I mean I've got almost 2 million but I would like to have a billion dollars right I'll trade my 2 million in for 2 billion I mean who wouldn't right they got 3.45 billion in cash 4.52 billion in assets cash flow 126 million cash of operational activities 129 million investing activities paying off debt this is very good balance sheet 452 billion in assets cash flow 129 million trailing 12 month 654 million free cash flow 126 million trailing 12 months 641 million income statement 634 total revenue in the millions gross profit 518 million operating income 80 million pre-tax 110 net income 105 iida 89 million perfect Bravo not only is everything perfect they're growing year-over-year and their customers their top 20 customers are spending 10% more annually year over-year they are bringing in a ton of profits and not only that they're sitting on almost $4 billion in cash this is the strongest buy right now for your portfolio you cannot go wrong with Palin here hopefully you guys enjoyed my top five picks to get into 2024 well these are my top five picks for 2024 we have Palante here affirm Wayfair square and SoundHound so if I didn't make the list because I talk about it a lot anyway however it's not quite as strong in my opinion as these other five stocks these top five stocks are ones you ultimately don't want to miss however a a bonus stock definitely SOI but these are the top five stocks to pick you should really get into all of them at some point if you can but if you have to pick just one then ultimately it's palen here or a firm you really should consider getting into all of these stocks however if you can't well then just go one at a time start with palen here airm then Wayfair then Square then soundown but really I can't pick just one sound like a damn L commercial that you can't eat just one in any case but these are the most powerful stocks to buy and add to your portfolio for 2024 thanks so much for being here guys really appreciate you if you guys enjoy this content and you want more of it be sure to subscribe and tap the Bell ding hey and not only that if you're feeling generous and you care about my feelings like for real give me a thumbs up it greatly helps the channel grow right if you're having trouble understanding all the things I talk about in this video let's say you understand the stock picks but don't understand why I offer full one-on-one coaching Discord and full training course where I dive in deep and teach you guys everything you need to know to understand all the technicals fundamentals and how to get into these stocks and pick them for yourself so you can ultimately grow your financial freedom and grow your portfolio I ultimately care about your success and I hope to speak with you guys soon two spots left in my masterclass boot camp you guys can sign up at any time invest withth cory.com right there on the screen or in the information box below I have new testimonials on my website you guys can check that out as well you guys can see that my students are very successful and they love my coaching and I would just love to help you I'm very passionate about it and and it shows I'm very passionate about helping you achieve your financial success and helping you grow your portfolio I Achieve Financial Freedom and I want the exact same thing for you hey this video is over don't worry I pecked at another video just for you and you're going to love it and that video is right here click that video you guys are going to love it and remember till the next video Let's grow our wealth together take care guys you're still here you don't want to see another video I'm in two places at once click that video what do you waiting for I'll see you over there