If you’re looking for good investments for the fourth and final quarter of 2021, according to an analysis on the top companies to watch, here are the top 5 companies to keep an eye on or invest in.
Here are five of the top 10 picks for Q4 2021 from the intelligence analysts at Bloomberg.
Why Volkswagen? While Tesla is making headlines with its battery-electric vehicle (BEV), Volkswagen is actually on track to surpass the biggest name in this arena in terms of volume and its electric vehicle transformation by 2023.
Another reason to keep a close watch is that Volkswagen may offer an IPO of its Porsche brand in 2022, bringing in $93 billion and giving the company a strong cash outlook.
There are several reasons yoga wear brand Lululemon is looking good. First of all, it’s on track to achieve a revenue target it set for 2023 by the end of 2021, as its sales growth has climbed 43 percent and currently holds a market value of $56.2 billion, bringing in $5.52 billion in sales over the last 12 months. The brand has taken its athletic clothing and forayed into footwear, personal care, and experiential retail, as well as a strong digital push.
Roku is winning the war for streaming television devices, beating out competitors like Apple TV, Amazon fire in Google Chromecast. The company’s timing couldn’t be better as the advertising industry is making a shift toward connected TVs. Roku has seen a sales growth of 72% and has seen $2.32 billion in 12-month sales. Many smart TVs now come equipped with a built-in Roku device. Roku’s share of connected-TV sales is set to increase to 13 percent, up to 5.5 billion by 2023.
As travel begins to increase once again, not only is business picking up for Airbnb, but the company is also is seeing travelers booking longer stays amid the continuation of remote work. Experts see Airbnb as having a brand advantage over rivals Booking and Expedia. Sales growth is up 13%, with Airbnb’s 12-month sales at $4.42 billion.
A potential sale is looming of cigarette brand Altria’s stake in brewer Anheuser-Busch InBev. Experts are predicting the move could spur stock buybacks and lead to a resumption of merger talks with Philip Morris. Restrictions expire on October 10, and potentially could raise $10 billion of after-tax proceeds. Analysts believe it could spur Altria to use the money on buybacks, which would also boost 2022 earnings, as well as make the company more appealing for a merger with Philip Morris.