⚫ Monk’s Market Moves: http://bit.ly/MonkMM – Be The First To See All My Trades! ⚫
Are these the best stocks to buy in July 2018? Stocks to watch in July 2018 are Visa stock, V stock, Canopy Growth Stock, CGC stock, and Iqiyi Stock, IQ stock. Visa is a very safe company in the stock market, they’re the biggest credit card company outside of China with 323 million cardholders. They don’t make money by giving you credit, instead they take a small fee out of every transaction. With 201% growth in 5 years, but not the best value in their numbers. With the growth of online shopping and Amazon, any purchase people make will mean more profits for Visa. We’re becoming a cashless society with more cards being used. Once Visa gets more of the international market, they will keep growing. The next company is one I own called Canopy Growth stock, the biggest marijuana company in Canada. Marijuana was just legalized in Canada. Canopy has 2.4 million square feet of growing space, ready for legal weed. They’re up over 1340% in 2 years, with low value numbers. It’s expected marijuana sales will bring in 4 to 6 billion dollars a year. Canopy is the top of the ladder right now and they want to make over 500 thousand kg of weed. This is a very high risk company for the future of marijuana. Lastly we have a Chinese company called Iqiyi stock, the netflix of China. They have half the subscribers of Netflix with over 500 million active users. They have free memberships with advertisement support. Very low value numbers but a lower price to sales ratio than Netflix. They had nice revenue growth in 2018, 57% increase from last year. China blocks Netflix so this company has more to gain. IQ will continue to expand their content, they have an agreement with Netflix for some of their shows like Black Mirror. There’s 1.4 billion people in China compared to 300 million in America so this stock has a lot of room to grow. These are the best stocks to watch in the stock market for July 2018.