5 Growth Stock Picks for March

My Favorite Stock Picks for March

I’ll be giving you my top stock picks for March. I’m not a financial advisor these are my thoughts and opinions so take these with a grain of salt.

Let’s get that money. I’m going to be talking about stocks that I want to start new positions in or add to positions that I have. In the above video, I will give you information about the company ago over their chart.

As always, know yourself. Do your research and see if these are a good fit for you. I’m not a genie so make sure you like these companies before you throw money into them. Research them, set your stops, and let’s go.

Square - Ticker: SQ

Square is in the financial technology sector. You might be familiar with it. They do point of sale. They also own Cash App which is growing and does peer-to-peer payments. Cash app added 12 million users in 2020. On the Cash app, you can also buy and sell stocks and bitcoin. I believe a cashless future is ahead of us. I already own a position in PYPL and I can’t wait to buy some SQ.

Market Cap: 109.56B

Growth: 197.93% last year.

Moving Average: Their 50-day moving average is higher than their 200-day.

It’s a long-term play for me, not a swing trade. So I would be holding this for some years.

I will be watching this and starting a small position in this at a pullback.

Vuzix - Ticker: VUZI

This company is in the technology sector and they make consumer electronics. Big on wearable tech, augmented reality, and unique viewing experiences. A leading supplier of Smart Glasses and Augmented Reality (AR) technology and products.

Market Cap: 1.31B

Growth: 1,412.18% last year. Yea it’s pretty crazy they broke out last year.

Moving Average: Their 50-day moving average is higher than their 200-day.

This one is a little more volatile so I would keep a watch out for it and set some stops. I would consider it for Swings.

Palantir - Ticker: PLTR

This is a controversial one so know yourself. If you don’t feel right supporting this particular company then don’t. There are a lot of other stocks to make money on. Anyway, I already have a position in PLTR and I am going to add to it while the price is right. Palantir is in the technology sector. They build data software platforms for the intelligence community. They also have a consumer-based platform for commercial businesses. Let me say if you’re looking for a company with a large moat then here you go. They don’t have a lot of competition right now.

Market Cap: 46.59B

Growth: They IPO’d last year so they don’t have a year % but YTD they have a 5.35% increase.

Again as I mentioned this one deals with the government CIA, data stuff. If that’s not your thing don’t invest in this one. But in the long-term I see this one being worth the investment especially at the steal right now of under $100.

DraftKings - Ticker: DKNG

I’m betting there will be a big market for online gambling so I’m betting on DKNG. DraftKings is in the consumer sector and is a digital sports and gaming company. With the ability to play casino games and do fantasy sports online. As this gains momentum they’re going to remain a leader.

Market Cap: 26.919B

Growth: Let’s look at their chart. 312.48% last year. Being stuck at home helped that.

This is a long-term pick for me and I like the price is under $100 right now.

Airbnb - Ticker: ABNB

Last year was weird I know. Part of the Communications Services sector. Airbnb is a platform for stays and international experiences. A marketplace that allows people to rent private rooms, houses, apartments, and experiences. Through their online platform.

Market Cap: 117.35B

Growth: YTD they’ve had an increase of 33.8% which is impressive seeing as we haven’t been able to travel as much.

I would hold this one for the long-term and buy at the dip.

Remember to find a good brokerage (my two favorites are WeBull and Robinhood) and add any of these you like to a watch list.

PIN IT

Disclosure: This post may contain affiliate links, which means we may receive a commission if you click a link and purchase something that we have recommended. Helping Tiffy to keep making cool posts and videos.