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Top 5 Metaverse Stocks You Need Now

The internet is about to go meta.

The metaverse — a virtual world that blends reality and digital technology — is one of the hottest topics today. Companies are lining up to develop this new online universe where you can play, create, and even shop.

And as you can imagine, the potential for early-in investors is huge.

While it might take a few years before the world embraces the metaverse, there are many ways you can start profiting today.

To help you begin, we’ve compiled this list of the top five metaverse stocks you need now.

1. Nvidia

NVIDIA Logo

Nvidia (NVDA) is primed to benefit from the rise of the metaverse. In fact, the company has already made forays into this futuristic technology.

In April, Nvidia officially launched the Omniverse, an open platform that hosts virtual collaboration and real-time simulation. The company had been developing and beta-testing this digital universe since 2019.

Omniverse users can use the platform to build 3D simulations to test and design products and systems. And real-time simulations let folks around the world collaborate on multiple projects.

As you might have guessed, the Nvidia Omniverse is more about getting work done than goofing off with virtual friends. Already, some big-name companies — including BMW and Siemens Energy — have started incorporating it into their workflows.

In addition, Nvidia’s graphics processing units (GPUs) are top-notch. As more consumers enter the metaverse, they’ll need these GPUs to power their new virtual-reality world.

Nvidia recently announced it would purchase Arm Holdings — a company that designs high-powered computer processors and other chips. Arm is also concerned with the software that allows these chips to be integrated into computer systems. When the deal comes through, Nvidia will be able to directly get its GPUs into more systems.

But even if the Arm Holdings deal crumbles, there’s still loads of potential with Nvidia.

On top of being a metaverse no-brainer play, Nvidia’s been making great strides in artificial intelligence (AI) and other hot tech trends. It’s even working on self-driving car technology.

Hands down, Nvidia is one of the best plays to take advantage of the upcoming metaverse.

2. Fastly

fastly logo

One of the key elements of the metaverse is real time. The slightest delay, or lag, can screw up the whole experience. After all, the point is to make this digital reality as realistic as possible.

In addition, metaverse business transactions will depend on real-time communication and money transfers. When money’s on the line, there’s no time for latency.

Of course, eliminating lag is no easy feat when tons of data needs to be transferred. And believe us, the metaverse will require tons of data.

That’s where Fastly (FLSY) comes in. As its name implies, this company moves data… well… fastly-er.

Fastly’s top product is an edge computing platform that connects servers to the source of the data.

Edge computing involves computing data near its source geographically. This way, you can cut the lag you’d naturally see when relying on the cloud and data centers somewhere “out there.”

As a result, Fastly has been able to consistently move 167 terabytes of data per second across dozens of countries. That’s very fast.

The future of computing is going to depend on services like Fastly’s to keep real-time, virtual transactions moving smoothly. That’s why we think it’s a top pick for getting in at the ground floor of the metaverse.

3. Meta Platforms

OK, so first off, we’ll need to move past the controversy surrounding Meta Platforms (FB), the company formerly known as Facebook. The company is by no means new to scandal. It’s even received one of the largest fines ever levied by the U.S. Federal Trade Commission (FTC) — $5 billion.

So we think Meta will be able to push through the headwinds it’s currently facing.

And when we talk about the metaverse, it’s impossible not to think of Mark Zuckerberg’s enterprise. Heck, the company even changed its name to reflect this new focus.

Meta has been paving the way for the metaverse since 2014, when the company purchased virtual-reality startup Oculus.

Like Nvidia, Meta has been looking into workplace applications for metaverse-like technology. The company recently launched an app called Horizon Workrooms that lets users attend virtual meetings through their Oculus headsets.

But Meta’s vision of the metaverse isn’t limited strictly to getting work done.

Zuckerberg has described the metaverse as a “social, 3D virtual space where you can share immersive experiences with other people, even when you can’t be together in person — and do things together you couldn’t do in the physical world.”

Meta plans to continue making big investments into VR and augmented reality (AR) technologies. The company has already announced it will hire 10,000 new employees for its European offices that will work solely on metaverse developments.

Every metaverse-themed portfolio needs at least a few shares of Meta inside it.

4. Shopify

Besides spaces for work and play, the companies developing the metaverse envision the virtual universe as having its own economy.

In the metaverse, you’ll be able to shop for goods (real and virtual), pay for services, and maybe even do some investing.

And none of that is going to happen if there’s no way to handle online transactions.

Shopify (SHOP) is one of the biggest names in e-commerce today. It started out as a way for small businesses to sell goods and services online. Fast-forward to today, when Shopify provides complete e-commerce solutions to companies of all sizes.

Shopify has already made moves into the metaverse space.

First, it acquired augmented reality (AR) app Primer.

Primer’s specialty is technology that helps users envision digital materials in actual spaces. (For example, an interior designer can use the app to see what a particular textured wallpaper would look like in a room.)

The second metaverse move that Shopify has made is the launch of a nonfungible token (NFT) platform where creators can sell digital art directly to buyers.

Both developments are poised to help Shopify become an e-commerce leader in the metaverse.

Now, a quick note about this stock: At more than $1,600 per share as we write, it’s the most expensive on this list. Still, we think there is plenty of room for Shopify to grow. Watch out for dips in price to grab shares (or fractional shares) of the stock.

5. Roblox

Roblox showcase logo

OK, we didn’t add this one to the list just because our kids are big fans of this game app.

In reality, Roblox (RBLX) is already leading the charge to the metaverse.

Roblox is an online platform where users can play and even create games. It’s free to use, but Roblox players can make transactions using a virtual currency called Robux.

More than 40 million active users log into Roblox on a daily basis. In fact, it’s estimated that more than half of all U.S. kids under the age of 16 have a Roblox account.

That’s not to say there aren’t plenty of adults who use Roblox regularly.

Roblox recently made headlines when it hosted an exclusive event for Italian luxury goods house Gucci. Along with a creative “Gucci garden” that Roblox users could explore, the event included the sale of virtual clothing and accessories for as much as hundreds of real dollars.

That kind of activity will be commonplace in the metaverse.

But there’s even more potential here. We wouldn’t be surprised to see Roblox hold further events such as live concerts (rival game Fortnite is already seeing success in this space) and esports competitions.

In a nutshell, the Roblox community is the stuff the metaverse will be built on. It could be a powerful pick for your portfolio.

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Blog

How To Remove Robinhood Pattern Day Trader Status

Like all U.S.-based brokers, Robinhood follows the pattern day trader (PDT) set by the Financial Industry Regulatory Authority (FINRA).

These rules define a PDT as anyone who executes four or more day trades in a margin account within a consecutive five-day period. And as a Robinhood pattern day trader, you must have a minimum of $25,000 in your account.

Luckily, there are loopholes and workarounds  that let you day trade on Robinhood without keeping this much cash in your account.

But if Robinhood flags you as a pattern day trader and you don’t have the requisite $25,000 in your account, the app might block you from making another trade for 90 days.

Ouch.

If you’ve been flagged as a Robinhood pattern day trader, you have two options.

You can either wait out your 90-day account freeze (if you’ve been penalized) or add to your account so it has at least $25,000 in it.

In this guide, we’ll delve deeper into what it means to be a pattern day trader and what steps you can take if Robinhood flags your account.

What Is a Robinhood Pattern Day Trader?

According to FINRA, a pattern day trader is anyone who executes four or more day trades within five consecutive trading days.

You execute a day trade whenever you open and close a stock position within the same trading day.

Day trading has become wildly popular lately. Broker apps like Robinhood make investing easy and charge zero fees on most trades.

But day trading is super-speculative. Day traders look for volatile stock moves and dive in. As you can imagine, that can lead to more losers than winners.

What’s more, most day traders trade on margin. This means they borrow money from their broker to give themselves even more leverage when buying a position.

Of course, the broker charges interest on the margin loan. This makes day trading in a margin account particularly risky — you stand to lose more than your principal, since you’ll have to pay the loaned amount plus interest.

FINRA has attempted to lessen this risk by limiting multiple day trades to investors who have enough money padding their margin accounts to afford these losses. Hence the PDT rule.

What Happens If You’re Flagged as a Robinhood Pattern Day Trader?

When you’re stock trading on Robinhood, it can be surprisingly easy to get flagged as a pattern day trader.

That’s because all Robinhood users start out with a margin account by default.

Robinhood Instant accounts allow you to place trades before your funds are officially settled. That technically makes them margin accounts — even if you don’t employ a margin trading strategy.

And because they’re margin accounts — you guessed it — you can get flagged as a pattern day trader if you open and close four or more trades within a five-day period.

If Robinhood flags you as a PDT, typically, your account will be frozen for 90 days. That means you won’t be able to execute any trades for roughly three months.

You can remove the 90-day freeze penalty if you deposit at least $25,000 in your account. However, you’ll still be flagged as a Robinhood pattern day trader for 90 days — so if you dip below the $25,000 account minimum again, you might have to face further penalties.

What Is Robinhood’s Pattern Day Trade Protection?

Robinhood has a feature called Pattern Day Trade Protection that alerts you when you’re about to cross the PDT line.

When you’ve completed three day trades and are about to place your fourth, you’ll receive an alert. Robinhood will give you the option to either proceed with the trade and face the penalties or cancel it and avoid the PDT flag.

You can toggle this feature on and off in the Day Trade Settings section of your Robinhood Account Summary.

How Can You Remove the Pattern Day Trader Status?

As we mentioned above, there are two steps you can take if Robinhood flags you as a pattern day trader.

First off, you can accept the PDT label and make sure you have at least $25,000 in your Robinhood trading account.

As soon as the funds clear in your account, you’ll get to enjoy unlimited day trading — and the ability to borrow on margin to magnify your gains, to boot.

Secondly, you can wait 90 days before executing another trade. During this time, you could try trading with another commission-free broker, such as Webull. However, understand that other brokers have the same pattern day trader rules!

There’s one more thing you can do if Robinhood flags you as a day trader: You can ask to have the flag removed.

Robinhood allows many account holders a one-time PDT flag removal. You’ll have to contact Robinhood’s customer support through the app to find out if you’re eligible.

How to Avoid Getting Flagged as a Robinhood Pattern Day Trader

The best way to make day trades on Robinhood without getting flagged as a PDT is by switching to a Robinhood Cash account.

With a cash account, you’ll be trading with money you’ve already deposited in your account. So it’s not a margin account and therefore the PDT rules don’t apply.

Although you’ll still enjoy commission-free trades as a Robinhood Cash account holder, note that your deposits and gains may take up to two days to settle in your account. So if you want to day trade, make sure your strategy takes that into account.

The best way to do this is by staggering your trades and letting them compound. (Check out this article for our favorite tips.)

Frequently Asked Questions

Is pattern day trading illegal?

Pattern day trading isn’t illegal. However, there are rules in place that require you to have at least $25,000 in your account if you attempt to be a pattern day trader.

If you don’t comply with these rules, brokers such as Robinhood will place a 90-day freeze penalty on your account. And if you violate the PDT rules more than once, Robinhood may bar you from executing any trades on the platform again, even if you put $25,000 in your account.

Does Webull have pattern day trading rules?

Yes. All U.S.-based stock brokers have rules against pattern day trading without a minimum of $25,000 in your trading account.

Webull’s day trading rules are the same as Robinhood’s. You can also set up a cash account to trade with Webull — however, remember that the cash you use to day trade must be settled in your account first.

The Bottom Line

Day trading can be a fun and exciting way to pocket some quick profits. But it also comes with risks.

Not only do you risk losing your money (and your loaned money, too!), but you risk running afoul of regulatory rules.

If you place four or more day trades within a five-day period in a Robinhood Instant or Gold account without meeting the pattern day trader minimum of $25,000, Robinhood will flag you as a pattern day trader. This could lead to the broker freezing your account for 90 days.

Before you try to day trade on Robinhood — or any other trading platform — make sure that you 100% understand the rules.

You might find it best to pace yourself when it comes to day trades — making three or fewer every five days. That way, you can build up your $25,000 account and earn the title of legit pattern day trader with the freedom to place unlimited trades.

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Trading Guides

How to Day Trade With Less Than $25,000 – A Beginner’s Guide

So you want to be a day trader — deftly moving in and out of trades and racking up gains every day. But according to regulators, day trading is forbidden unless you have a minimum equity of $25,000 in your account. Is there any way you can day trade with less than $25,000?

The good news is, like most things money-related, there are plenty of loopholes and workarounds that can help you fulfill your day-trading dreams without having a ton of dough in your account.

In this guide to day trading with less than $25,000, we’ll share our favorite tips and tricks. But first, let’s cover a few basics about day trading.

Day Trading for Beginners

Simply put, day trading is a strategy that involves opening and closing a position within the same trading day.

For example, you could buy a stock position with your morning coffee at 9:15 a.m. and then sell it while enjoying a late-afternoon snack at 4 p.m.

Day trading has grown in popularity since online trading has become a “thing.” After all, many discount brokers like Robinhood and Webull charge zero fees to execute a trade. And thanks to high-speed internet, it’s easier than ever to make lightning-fast trades.

As you can imagine, day trading is highly speculative — after all, you’re betting on volatile trades. And a lot of day traders end up losing more money than they make.

To be successful as a beginner day trader, you need to develop a strategy to manage your risk.

Many day traders look for momentum stocks that are experiencing big catalysts like surprisingly positive earnings announcements. Others study charts of trading volume to find breakout plays.

Some of the best day traders decide before even entering a trade what their exit point will be. This helps remove some of the risky emotion from the trade. There’s no “just hold on a bit longer to see what happens” allowed.

Whatever strategy — or proprietary blend of strategies — you adopt, there are some rules to day trading you must understand.

FINRA’s Day Trading Rules

The Financial Industry Regulatory Authority (FINRA) defines a “pattern day trader” (PDT) as anyone who makes four or more day trades in a five-day period in a margin account. In addition, those trades must make up more than 6% of your total margin trading activity during those five days.

And the rules to day trading state that a pattern day trader must maintain a brokerage account balance of at least $25,000.

If you act as a pattern day trader — making four or more trades in a five-day period in a margin account — and do not have at least $25,000 in your account, your broker will flag your account. This could lead to you being prohibited from purchasing stocks or other securities for a 90-day period.

What’s a Margin Account?

Whoa, Nelly! Let’s hold up there for a minute and check out a super-important term: margin account.

A margin account is a brokerage account in which you borrow cash from your broker to purchase stocks or other assets. You need to have a minimum deposit in your account to use as collateral (Robinhood and Webull both require a minimum of $2,000, but some trades require more).

It goes without saying that you’ll also need to pay interest on your margin loan.

Because you use borrowed money when you invest on margin, you get leverage for either bigger profits… or losses. Margin allows you to grab bigger returns if your position appreciates in value above the interest rate your broker charges.

On the flip side, if the value of your trade decreases, not only will you be in the red and have to pay the broker back, but you’ll still have to pay the interest on top of that.

However, day traders tend to thrive on risk. They love the idea of magnifying their profits. So a lot of them use margin accounts for their trades.

And when a brokerage identifies you as a pattern day trader, you’ll get to trade with additional leverage to make even larger bets.

How to “Day Trade” Without $25,000

So if you’re willing to take on the risks of day trading but don’t have a margin account with $25,000, how can you begin?

Luckily, there are several loopholes to get around the PDT requirement.

Use Our Cash Account Trick

Our favorite way to day trade without becoming a pattern day trader is by using a cash account, rather than a margin account.

Of course, you won’t get the advantages of leverage that a margin account can give you.

But on the plus side, you won’t have to worry so much about FINRA’s PDT rule.

Here’s how to do it:

First, set up a cash account. Many Pennybois members like to use Webull, since it offers great tools and a very beginner-friendly interface.

Wait for your funds to settle. This can take two or three days. You’ll receive a notice from your broker saying that your funds have settled.

This is important: You must have 100% settled funds before proceeding.

Once your funds are settled, you can start trading. We recommend spreading your total funds over three trading days.

Use 30% of your funds to trade on Monday, 30% on Tuesday, and 30% on Wednesday. Keep the remaining 10% as a reserve.

Let’s use a theoretical $1,000 investment to show how it’s done.

On Monday, you take $300 and make six trades at $50 each. You lose two trades but win four and end the day with a 10% gain. It takes about two or three days for your cash to settle from your trades. So on Wednesday, you get back $330 to trade on Thursday.

On Tuesday, you do the same thing with $300 and make more gains that you’ll receive on Thursday to trade on Friday. And your Wednesday gains will have cleared in your accounts for trading by Monday.

But don’t forget that on Thursday you can put in that $330 you made on the previous Monday and potentially turn that into more cash. Rinse and repeat.

This way, you can keep compounding your gains and rolling them over to another trading day. Each week, you get to make a total of 30 trades.

And since you’re using a cash account, you don’t have to have $25,000 in your account to begin. (Of course, after doing this for several months, you might end up with that amount anyway!)

Day Trade Beyond the U.S. Stock Market

One way to get outside FINRA’s rules for day trading is to get outside FINRA’s jurisdiction. One way to day trade without becoming an official PDT is by investing in foreign stock markets that don’t have pattern day trader rules.

To do this, you’ll need to set up an account with a broker that’s also foreign. And keep in mind that trading on foreign markets can be very risky.

You can also work around the PDT requirement by trading on other markets such as options, futures, and the foreign exchange (forex) markets.

You can also work around the PDT requirement by trading on other markets such as options, futures, and the foreign exchange (forex) markets.

Remember that FINRA defines a pattern day trader as someone who makes at least four day trades within a five-day period.

If you open accounts with multiple brokerages, you can make several day trades spread out across your different accounts.

For example, you could have a Robinhood margin account and a Webull margin account. You could make three day trades in your Robinhood account and three in your Webull account every five days.

As you can imagine, this could get confusing quickly. So it’s not an ideal solution.

Swing Trade

Instead of opening and closing positions in a single day, use a longer timeframe. Swing trading involves profiting from price movements over a couple of days or weeks. As long as you hold a position overnight, you’ll be categorized as a swing trader, rather than a pattern day trader.

This is a good strategy for folks who don’t want to sit glued to their monitors all day. And although you may not see huge gains, it can also be a safer strategy than making rapid-fire day trades.

Frequently Asked Questions

How many day trades can you make?

The Financial Industry Regulatory Authority (FINRA) defines a “pattern day trader” (PDT) as someone who uses a margin account to make four or more day trades within a five-day period. If you make more than that and don’t have $25,000 in your account, you could be penalized.

Why don’t PDT rules apply to the futures market?

The futures market is regulated primarily by the National Futures Association (NFA) and Commodities Futures Trading Commission (CFTC). These regulatory bodies don’t have the same account requirements as FINRA.

The Bottom Line

Day trading can be an exhilarating — and profitable — experience. But it’s not without its risks.

On top of the volatility that comes with this strategy, there are also regulatory risks.

If you try to day trade on margin and don’t meet the pattern day trader minimum of $25,000 in your account, you could be cut off from making trades for months.

Try “day trading” with our cash account strategy. By compounding your gains, you could turn just a little bit of cash into a tidy profit.

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Crypto Definitions Trading Guides

How To Buy StripCoin | Crypto To Watch 2021

So you’ve heard about the 2000%+ gains on StripCoin and now you want to buy it. Great, but how do you buy the dang thing? It’s actually not that complicated! Let’s break it down.

Check out our step by step walkthrough video here. We go through the entire process of buying StripCoin from start to finish. If you’re more experienced with purchasing cryptocurrency, you can follow our quick bullet point guide below with the official StripCoin token address.

Step One

Download MetaMask and create a wallet, this is easiest using the Google Chrome Extension of MetaMask.

Step Two

Buy or transfer some Ethereum into your MetaMask wallet.

Step Three

Go to Uniswap and select “Launch App” in the upper-right corner. Then connect your wallet, this is done by the “Connect Wallet” button in the upper-right corner.

Step Four

Click on “select a token” and then paste the address below into the input box.

0xE9cB6838902CCF711f16a9EA5A1170F8e9853C02

Step Five

Swap your Ethereum for StripCoin, and you’re done!

You have now successfully bought StripCoin and are on your way to becoming an expert DeFi tradesman, congrats!

Join the official PB Alerts Discord server here for real time crypto plays, exclusive offerings, and more!

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Blog

5 Top Tech Stocks to Buy in Q4 2021

From your morning smartphone alarm to your evening Squid Game binge – and everything in between – technology is a major part of your daily life. So it makes sense to invest in the tech companies that will continue to shape your world. With so many tech stocks on the market, it’s tough to know what to buy. Investing in the technology sector can be unpredictable and even dangerous. To help you get started, we’ve identified the best tech stocks to buy right now as 2021 winds down to a close. 

1. Tesla

Unless you’ve been hiding under a rock, you’ve certainly heard of Tesla (TSLA) and its celebrity CEO, Elon Musk.

Tesla is first and foremost an electric vehicle (EV) company. Its lineup of sedans and SUVs run entirely on batteries that Tesla also produces. In addition, Tesla also makes home energy storage systems, solar panels, and solar roof tiles.

Person using touch screen in Tesla.Tesla’s been on a real roll lately. For two straight quarters, the company’s net income has been higher than $1 billion – as much as 10 times last year’s numbers. That’s despite an ongoing semiconductor chip shortage that has left other automakers struggling.

And the number of Tesla vehicles rolling out of the factory and onto the road is growing exponentially. Last year, the EV maker delivered only 365,000 vehicles. This year, Tesla has already delivered more than 600,000 units – and we still have two months to go!

Not only have the company’s sales and revenue improved, but Tesla has also become smarter. In recent quarters, Tesla has improved its margins and streamlined its operations. Tesla is also planning two big cost-saving moves:

  1. Moving headquarters from Silicon Valley to the Austin, Texas, area
  2. Changing its battery chemistry in standard-range cars

Here’s one note of caution about Tesla’s stock price history: The company and its CEO have been so buzzworthy over the years that Tesla’s stock has been overvalued in the past.

Is Tesla stock a good buy now?

We think so. Tesla currently has nearly 80% of the EV market share here in the U.S. And with the market estimated to grow at a compound annual growth rate (CAGR) of 34% in the next five years, Tesla will continue to be a great growth play.

2. Asana

Asana-dashboardAsana (ASAN) is an online platform that helps companies manage workflow and improve communication. It’s available as both a desktop and a mobile app. And it has an impressive roster of big-name clients, including Amazon (AMZN). Last year, the global coronavirus pandemic turned millions of employees into remote workers. So companies started relying more on software like Asana to stay connected.

Now that life is slowly returning to normal – and workers are going back to the office – many apps that made remote work easy will see declining revenue.

That’s not the case with Asana. Although its app is a must-have for offsite teams, its services benefit onsite employees just as well. In fact, we see plenty of growth in Asana’s future.

For the most recent quarter, Asana’s revenue was up 72% year over year. And the number of clients that pay more than $50,000 per year for the software more than doubled.

The company is rolling out several new services and features that will help it continue to grow, too. Recently, it unveiled Enterprise Work Graph, a suite of features designed to help businesses organize goal-oriented teams, manage workflow, and improve efficiency.

Asana also announced that it would partner with data analytics company Splunk (SPLK) for new integration features. These will make the company’s services even more attractive to large organizations.

Asana stock has been on the rise. But we think it’s still a great addition to your tech stock portfolio. Remote and in-office teams are clamoring for solutions to make their workflows easier and better. And Asana has become the go-to in this field.

3. HubSpot

HubSpot (HUBS) may have started out as a marketing company for small businesses, but it has grown into much more than that.

The company was founded on the principle of “inbound” marketing – a strategy that focuses on engaging consumers with blog posts and social media shares, rather than hitting them over the head with annoying banner ads. It’s all about building brand awareness.

This strategy has been a real winner, and HubSpot has been at the forefront of the online advertising revolution. Along the way, it has shifted from a client base of small businesses and solopreneurs to big-name enterprises.

HubSpot has also expanded its products. It now offers a full suite of sales, marketing, content management, service support, and other operations tools.

At its most recent Inbound 2021 conference, the company unveiled HubSpot Payments, a proprietary digital payments system that will integrate directly into the platform. This will allow companies to take payments from customers without using a third party – keeping all aspects of a transaction, from marketing to fulfillment, within the HubSpot ecosystem.

In its most recent quarter, HubSpot saw subscription revenue grow by 53%. And its number of customers grew by more than 40% year over year, to more than 121,000.

In 2020, HubSpot posted $883 million in revenue. But the company states its total addressable market is as large as $87 billion. That means HubSpot is currently serving less than 1% of its potential market – leaving a lot of room for growth.

Given all this opportunity – and the fact that HubSpot continues to innovate and improve – we think right now is a great time to scoop up shares of HubSpot stock.

4. Teladoc Health

Chances are, in the past year, you didn’t feel good. And whether you were suffering from COVID symptoms or had a bad case of poison ivy, the last thing you wanted to do was walk into a doctor’s office.

Instead, you turned on your computer and had a telehealth visit.

Telehealth - Tech stocks to buy 2021The leading telehealth provider is Teladoc Health (TDOC). And as you can imagine, it had a banner year in 2020. Revenue soared – and its stock did too. Shares increased by nearly 140% last year.

This year, some investors are worried Teladoc’s services won’t be in demand once the pandemic is over. Those concerns have helped to bring Teladoc stock down by roughly 30%.

But we don’t think this is the end of the Teladoc story. In fact, lower shares of the company equal more opportunity to get in at a good price.

Case in point: Teladoc’s annual revenue was on the rise even before the pandemic began.

And in the second quarter of 2021 – when COVID concerns were tapering off and folks were returning to work – Teladoc actually saw a nearly 110% increase in revenue and a nearly 30% increase in visits.

That’s because going to the doctor’s office is inconvenient and unpleasant. During the COVID pandemic, people discovered there’s a convenient, time-saving alternative.

The global telemedicine market is expected to grow at a roughly 26% CAGR to more than $431 billion by 2030. Teladoc Health is in a great position to profit from this.

5. Cloudflare

Cybersecurity is one of the biggest tech investment themes of 2021 – and with good reason. This year, a series of high-profile ransomware attacks have left many people and companies feeling vulnerable and concerned about their online security. That’s not to mention the millions of dollars organizations have spent on paying off the bad guys.

Cloudflare (NET) is a website security solution that uses cloud technology. Its services help secure a variety of online platforms, including software-as-a-service apps and smart devices.

Cloudflare stock has benefited from the popularity of cybersecurity. It’s been up by more than 120% since the beginning of 2021.

The company keeps on growing, too. For its second quarter, Cloudflare’s revenue grew 53% year over year.

Cloudflare uses technology called edge computing, which it defines as “running fewer processes in the cloud and moving those processes to local places, such as on a user’s computer, a device, or an edge server.”

What this means is that companies can use Cloudflare products without having to install new hardware. That’s convenient – and certainly appealing to big businesses. Currently, about 20% of Fortune 1000 companies rely on Cloudflare to block an average of 87 billion cyber threats per day.

Because Cloudflare stock has been on the rise lately, use caution. Wait for pullbacks in share prices before going in and grabbing some for your own portfolio.