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These 3 Stocks Are Overlooked Gems

By Jose Najarro - Updated Mar 22, 2021 at 3:15PM

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Here are 3 stocks I'm watching thie

In today's video, I talk about three stocks that I believe are of great value right now. The three stocks are Qualcomm (QCOM -6.62%), Spotify (SPOT -0.63%), and Skillz (SKLZ -3.78%), and below, you will find a few reasons why I believe they are overlooked gems at a great price.

These are two reasons why Qualcomm is at a great price.

  1. Qualcomm stock is down over 15% from all-time highs and currently has a P/E ratio of low 20s compared to other mature companies like Amazon, Microsoft, Google and Facebook, which have a P/E ratio of high 20s and low 30s.
  2. Qualcomm is in the front of 5G and other handheld devices technology.

These are two reasons why Spotify is at a great price.

  1. Spotify stock is down over 20% from its all-time high and has a P/S ratio in the single digits.
  2. Spotify added 10 million paying subscribers during their most recent quarter, bringing total premium subscribers to 155 million users.

These are two reasons why Skillz is at a great price.

  1. Skillz stock is down over 35% from its all-time high, and they recently made a public offering at $24, which has brought the stock down closer to those levels.
  2. They have a new partnership with NFL gaming and Play Mechanix, and we can see more partnerships in the future as this company continues to grow.

 

 

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Stocks Mentioned

QUALCOMM Incorporated Stock Quote
QUALCOMM Incorporated
QCOM
$130.45 (-6.62%) $-9.24
Spotify Stock Quote
Spotify
SPOT
$104.40 (-0.63%) $0.66
Skillz Inc. Stock Quote
Skillz Inc.
SKLZ
$1.78 (-3.78%) $0.07
Apple Inc. Stock Quote
Apple Inc.
AAPL
$140.82 (-5.64%) $-8.42
Microsoft Corporation Stock Quote
Microsoft Corporation
MSFT
$254.08 (-4.78%) $-12.74
Alphabet Inc. Stock Quote
Alphabet Inc.
GOOGL
$2,237.99 (-3.93%) $-91.47
Netflix, Inc. Stock Quote
Netflix, Inc.
NFLX
$177.19 (-7.02%) $-13.37
Amazon.com, Inc. Stock Quote
Amazon.com, Inc.
AMZN
$2,142.25 (-7.16%) $-165.12
Meta Platforms, Inc. Stock Quote
Meta Platforms, Inc.
FB
$192.24 (-5.12%) $-10.38
Alphabet Inc. Stock Quote
Alphabet Inc.
GOOG
$2,248.02 (-3.69%) $-86.01

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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