Canada Markets closed

3 Stocks I Bought in September 2021

  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
·3 min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
Where to Invest?
Where to Invest?

Written by Jed Lloren at The Motley Fool Canada

As an active investor, I take pleasure in adding to my positions each month. For those that are unfamiliar with my writing, I am a growth investor. This means that I invest in companies with the potential to multiply my initial investment several times over the next decade. In this article, I discuss three stocks I’ve bought in September 2021.

An ETF that all young or growth-minded investors should hold

This first entry is actually an exchange traded fund (ETF). However, it’s one that deserves attention. The Evolve FANGMA Index ETF (TSX:TECH) is the first ETF available anywhere, that holds just the six American Big Tech companies. Those companies include Facebook, Amazon, Netflix, Alphabet (Google), Microsoft, and Apple. I believe that every young and/or growth-minded investor should hold this ETF in their portfolio.

Although the companies in this ETF are among the biggest in the world, they all still offer the potential to see massive growth over the coming years. Think of how hard it is to live a regular day of your life without relying on the services or products of one of these companies. In addition, buying this ETF would be an easy choice because of its accessibility. Not everyone will be able to afford shares of each of those companies individually. However, this ETF provides the opportunity to buy each for just a fraction of the price.

It’s never “too late” to buy an excellent company

I first started following Topicus.com (TSXV:TOI) shortly after its Initial Public Offering (IPO) in February. Since then, the stock has climbed about 117%. For many investors, that may make them feel like they’ve missed an excellent opportunity. However, it’s important to stay focused on the long-term. Topicus is an excellent company influenced by a legend in its industry. As long as Constellation Software maintains its mentorship role with the company, this will be an easy buy.

For those who are unfamiliar, Topicus is an acquirer of vertical market software companies. It differentiates itself from Constellation by focusing on a highly fragmented European technology industry. Since 2007, Constellation Software has produced an average annual return of nearly 40%. If Topicus is able to generate returns of even half that over the next decade, shareholders will be in for massive returns. Topicus may have already grown a lot over the past seven months, but I believe this is just the beginning.

Boring can be good

Warren Buffett is often quoted as saying that the best investments are often boring. Look at Berkshire Hathaway. Many would say that its business isn’t very exciting. However, the company has done an excellent job in producing returns over the long term. Likewise, Trisura (TSX:TSU) doesn’t have a very exciting business by any stretch of the imagination. However, it has a very interesting opportunity ahead.

Like Topicus, Trisura was spun out of a much larger company. Prior to its IPO, Trisura was a subsidiary of Brookfield Asset Management. Although it now operates as its own entity, Brookfield is still a large part of the company. A large proportion of Trisura’s shares are held by a corporation made up of directors from Brookfield. This is a smaller and thus more volatile company, but it has already shown it has tons of potential. Trisura ranked in third place in this year’s edition of the TSX30, with a 523% gain over the past three years.

The post 3 Stocks I Bought in September 2021 appeared first on The Motley Fool Canada.

This Tiny TSX Stock Could be Like Buying Tesla in 2001

Our team of diligent analysts at Motley Fool Stock Advisor Canada has identified one little-known public company founded right here in Canada that’s at the cutting-edge of the space industry and recently completed a transformational acquisition, all while making a handsome profit in the process!

The best part is that in a market where many stocks are selling at all-time-highs, this stock is trading at what looks like a VERY reasonable valuation… for now.

Click here to learn more about our #1 Canadian Stock for the New-Age Space Race

More reading

John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool’s board of directors. Teresa Kersten, an employee of LinkedIn, a Microsoft subsidiary, is a member of The Motley Fool’s board of directors. Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to its CEO, Mark Zuckerberg, is a member of The Motley Fool's board of directors. Fool contributor Jed Lloren owns shares of Apple, Evolve FANGMA Index ETF, Microsoft, TRISURA GROUP LTD, and Topicus.Com Inc. The Motley Fool owns shares of and recommends Alphabet (A shares), Alphabet (C shares), Amazon, Apple, Berkshire Hathaway (B shares), Brookfield Asset Management, Constellation Software, Facebook, Microsoft, Netflix, TRISURA GROUP LTD, and Topicus.Com Inc. The Motley Fool recommends Brookfield Asset Management Inc. CL.A LV and recommends the following options: long January 2022 $1,920 calls on Amazon, long January 2023 $200 calls on Berkshire Hathaway (B shares), long March 2023 $120 calls on Apple, short January 2022 $1,940 calls on Amazon, short January 2023 $200 puts on Berkshire Hathaway (B shares), short January 2023 $265 calls on Berkshire Hathaway (B shares), and short March 2023 $130 calls on Apple.

2021

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting