Top 10 Stock Picks for March 2023

Now, let’s dive into why we believe these stocks are worth considering:

1. Disney: The pandemic may have affected Disney’s theme parks and movies, but it accelerated the growth of Disney+. The streaming service reached over 160 million subscribers in under four years, far surpassing initial expectations. With its vast array of intellectual property and successful theme parks, Disney presents a unique blend of in-person experiences and tech-driven growth, making it a reliable long-term investment.
2. Amazon: Amazon’s dominance in the U.S. e-commerce market and its market-leading cloud platform, Amazon Web Services, make it an attractive investment. With room for growth in e-commerce adoption and the cloud industry, as well as potential expansion into healthcare, grocery stores, and other markets, Amazon is well-positioned for long-term growth.
3. Berkshire Hathaway: Berkshire Hathaway, a collection of about 60 subsidiary businesses, offers a relatively stable value pick. Managed by legendary investor Warren Buffett, the company boasts an impressive portfolio of stocks, including Apple, Bank of America, Chevron, American Express, and Coca-Cola. Buffett’s continued investment in the company signals a strong future for the patient, long-term investors.
4. Intuitive Surgical: Intuitive Surgical, the company behind the pioneering da Vinci surgical system, leads the market in robot-assisted surgery. Its high global market share and potential for growth in the number of supported procedures and international adoption make it a strong long-term investment. As robot-assisted surgery gains traction, Intuitive Surgical is positioned for decades of growth.
5. MercadoLibre: As a top long-term stock investment, MercadoLibre is often dubbed the Amazon of Latin America due to its commanding presence in populous nations like Brazil and Argentina. The company operates more than just an e-commerce marketplace—it also runs a rapidly growing payments platform, Mercado Pago; a logistics service, Mercado Envios; and a business lending platform, among other services. With room for growth in merchandise volume and payment processing, this company is poised to benefit from the evolving e-commerce and fintech landscape in Latin America.
6. Shopify: Empowering small businesses in the world of e-commerce, Shopify has established itself as a force to be reckoned with. With its comprehensive suite of tools and services, Shopify enables businesses to thrive online, and its vast market opportunity makes it a compelling investment.
7. Block: Formerly known as Square, Block has evolved from a payment processing company into a financial ecosystem for both merchants and individuals. With its ever-growing suite of services, including Cash App, Tidal, and the Afterpay platform, Block is forging new paths in the world of finance. This stock has the potential to become a cornerstone of your portfolio, and let’s face it, who doesn’t love a good rebrand?
8. Realty Income: As a real estate investment trust (REIT) with a focus on freestanding, single-tenant retail properties, Realty Income offers investors a unique combination of value, growth, and income. With a track record of impressive performance and a dependable dividend history, this stock proves that slow and steady can indeed win the race.
9. Pinterest: A breath of fresh air in the social media space, Pinterest focuses on ideas and inspiration rather than people. With immense monetization potential and a recent pivot towards e-commerce, Pinterest’s stock is like a hidden gem waiting to be discovered in a vast sea of internet clutter.
10. Etsy: The go-to platform for unique, handmade goods, Etsy has carved out a niche in the e-commerce world. The company’s impressive growth, fueled by its strong brand and platform, has left Amazon’s handmade items initiative in the dust. Etsy’s stock is like that rare, one-of-a-kind treasure you find at a flea market, and it could be a valuable addition to your investment collection.