March is here, and you may be asking yourself, "Which stocks should I buy now?" I've got your back! I have five stock picks for you to explore. Many of these stocks have been beaten down from recent highs, and I believe they are opportunities to accumulate at these levels and lower.
In the video below, I provide the following stock picks:
- Two cybersecurity stocks that benefit from the Russia/Ukraine crisis
- One financials stock that has sold off from the Russian financial fallout
- One semiconductor stock that is being sold off with the sector due to Russian sanctions
- One software stock that should benefit from tax season
- One reopening stock that benefits from U.S. domestic travel
My favorite stock on the list is Zscaler (ZS 3.48%). Zscaler provides customers with a security stack as a cloud service, which offers lower cost and complexity than old school, traditional gateway methods. Zscaler's global infrastructure brings internet gateways closer to users all around the world, creating a faster and more streamlined experience. The company enables work-from-anywhere cloud security in a highly scalable fashion. Additionally, Russian cyberattacks are on the rise, and these threats are pushing cybersecurity stocks high. I believe Zscaler is a top SaaS stock to own for the next 5-10 years, and the recent sell-off after earnings creates a buying opportunity.
Please watch the below video for more information, the price levels I'm buying at, and five additional stock picks.
*Stock prices used in the below video were during the trading day of March 1, 2022. The video was published on March 1, 2022.
