Wayne Gretzky, the most famous hockey player of all time, once said: “I skate to where the puck is going, not where it has been.” This brilliant mindset helped The Great One anticipate where the action on the ice was heading and to be there in the right place to score goals. Successful investing works along the same lines; if you’re continuously chasing runners and dumping laggards, then you’re reacting versus taking a step back to look at the larger game and see where individual companies/sectors are going. Clearly the world is moving toward green energy, 3D additive manufacturing, internet-of-things communication/logistics, biotechnology and programmatic advertising. This is where the proverbial puck is going and if you want to catch those industries to score, you need to select some good companies and simply buy, hold and accumulate. Ignore the noise of market corrections, options trading and the frenetic activity created by hedge funds and algos. Just consistently buy, hold and accumulate to allow dollar-cost averaging to do its thing. Here are 40 at terrific entry points for compounding returns:
Shift (SFT) $80M
Rubius (RUBY) $82M
Curis (CRIS) $100M
Puma Biotech (PBYI) $127M
CalAmp (CAMP) $156M
Jounce (JNCE) $175M
1stdibs.Com (DIBS) $246M
Viant (DSP) $320M
fuboTV (FUBO) $496M
Vaxart (VXRT) $569M
DocGo (DCGO) $793M
Perion (PERI) $825M
Digi Int. (DGII) $853M
PubMatic (PUBM) $868M
Sierra Wireless (SWIR) $939M
Veru (VERU) $1.1B
Magnite (MGNI) $1.2B
Proto Labs (PRLB) $1.3B
Nextdoor (KIND) $1.5B
Digital Turbine (APPS) $1.8B
LiveRamp (RAMP) $2B
Ballard Power (BLDP) $2.2B
SunPower (SPWR) $3B
Opendoor (OPEN) $3.5B
DoubleVerify (DV) $4B
DigitalOcean (DOCN) $4.6B
New York Times (NYT) $4.9B
Novavax (NVAX) $5.6B
Ginkgo Bioworks (DNA) $5.8B
First Solar (FSLR) $7.6B
Doximity (DOCS) $7.9B
Exact Sciences (EXAS) $8B
Zillow (ZG) $8.7B
Plug Power (PLUG) $11.3B
Roku (ROKU) $12.6B
AppLovin (APP) $14.2B
Skyworks (SWKS) $15.8B
Trade Desk (TTD) $22B
Cummins (CMI) $28.4B
Netflix (NFLX) $84.2B
“Oh this young man has had a very trying rookie season, with the litigation, the notoriety, his subsequent deportation to Canada and that country’s refusal to accept him, well, I guess that’s more than most 21-year-olds can handle… Ogie Ogilthorpe!” Jim Carr, Slap Shot