Top 5 Favorite Growth Stocks I'm Buying Now for 2021 and Beyond! 🚀💰

Описание: Today I cover the top high growth stocks I'm buying now. These are stocks I am buying for 2021 and beyond for my long term investing stock market portfolio. I discuss Crowdstrike (CRWD), Datadog (DDOG), Draftkings (DKNG), Teladoc (TDOC), and Marvell (MRVL). Can these high growth stocks boost your stock market gains?   / firedupwealth  

CrowdStrike is a leader in cloud-delivered, next-generation services for endpoint protection, threat intelligence, and response. The CrowdStrike Falcon platform stops breaches by preventing and responding to all types of attacks—both malware and malware-free.

Datadog is the essential monitoring platform for cloud applications. We bring together data from servers, containers, databases, and third-party services to make your stack entirely observable. These capabilities help DevOps teams avoid downtime, resolve performance issues, and ensure customers are getting the best user experience.

“The resumption of major sports such as the NBA, MLB and the NHL in the third quarter, as well as the start of the NFL season, generated tremendous customer engagement,” said Jason Robins, DraftKings’ co-founder, CEO and Chairman of the Board. “In addition to our year-over-year pro forma revenue growth of 42%, DraftKings recorded an increase in monthly unique payers of 64% to over 1 million, demonstrating the effectiveness of our data-driven sales and marketing approach. Our product offerings and scalable platform provide a distinctive and personalized experience for customers across the ten states where we operate mobile sports betting today, and we look forward to entering additional jurisdictions at the earliest opportunity.”

Teledoc has been in existence since 2002, so it has first-mover status in the industry and has earned name recognition. In the third quarter, it reported revenue of $288.8 billion, up 109% over the same period in 2019, and it grew total visits to 2.8 million, a 206% year-over-year increase.

The $18.5 billion deal with Livongo should give Teladoc annual gross run-rate synergies of $500 million by 2025, Teladoc said. The deal, which gives Teladoc a 58% stake in Livongo, allows the company the ability to reach brand new customers. The two companies separately said they had less than 25% overlap of customers. This year, the combined company said it expects its adjusted EBITDA to be more than $120 million. ARK Invest is buying TDOC.

Marvell to Acquire Inphi - Accelerating Growth and Leadership in Cloud and 5G Infrastructure:

Creates a U.S. semiconductor powerhouse with an enterprise value of approximately $40 billion
Positions Marvell for leadership in cloud; extends 5G opportunity
Adds Inphi’s leading electro-optics interconnect platform in highly complementary transaction
Expands Marvell’s addressable market to $23 billion and accelerates market growth to 12% CAGR
Combination expected to double number of $100M+ cloud & networking customers to eight
Accretive to revenue growth, gross and operating margin; enhances long-term financial model
(NASDAQ: MRVL), a leader in infrastructure semiconductor solutions, and Inphi Corporation (NASDAQ: IPHI), a leader in high-speed data movement, today announced a definitive agreement, unanimously approved by the boards of directors of both companies, under which Marvell will acquire Inphi in a cash and stock transaction. In conjunction with the transaction, Marvell intends to reorganize so that the combined company will be domiciled in the United States, creating a U.S. semiconductor powerhouse with an enterprise value of approximately $40 billion.

“Our acquisition of Inphi will fuel Marvell’s leadership in the cloud and extend our 5G position over the next decade,” said Matt Murphy, president and CEO of Marvell. “Inphi’s technologies are at the heart of cloud data center networks and they continue to extend their leadership with innovative new products, including 400G data center interconnect optical modules, which leverage their unique silicon photonics and DSP technologies. We believe that Inphi’s growing presence with cloud customers will also lead to additional opportunities for Marvell’s DPU and ASIC products.”

Disclaimer:
I have been investing in the stock market for over 20 years, but I am not a financial advisor or a legal professional, & I am not providing financial or legal advice. The information provided is for informational purposes only. It should not be considered legal or financial advice. You should consult with an attorney or other professional to determine what may be best for your individual needs. FIRED Up Wealth and Eric Cuka do not make any guarantee or other promise as to any results that may be obtained from using our content. No one should make any investment decision without first consulting his or her own financial advisor and conducting his or her own research and due diligence. Past performance is no guarantee of future results.

#stocks #highgrowth #DKNG #CRWD #DDOG #TDOC #MRVL