A 2013 New Year’s Resolution: Make More Money!
Try these picks for 2013 - Under Armour, Priceline, LinkedIn and Whole Foods.
On Thursday, I chatted up Liz Claman over at Fox Business Network with some ideas on how to cash in on New Year’s resolutions.
It’s an idea I stole from InvestorPlace managing editor Eric Harding who had assistant editor Kyle Woodley write it… while I went on TV and ran my mouth.
Fair, huh?
Anyway, it’s clicky but the picks are sound. I think that Whole Foods (NASDAQ:WFM) is a fast-growing stock with good margins and potential. Same for Under Armour (NYSE:UA) with its 20% five-year growth rate, and Priceline (NASDAQ:PCLN) with its international growth. I also think LinkedIn (NYSE:LNKD) is legit and one of the few IPOs of the last few years that has what it takes to last.
All are a bit frothy on the P/E side, since they’ve seen big growth lately, but growth is a pretty good thing to find these days even at a pricey valuation.
Jeff Reeves is the editor of InvestorPlace.com and the author of “The Frugal Investor’s Guide to Finding Great Stocks.” Write him at editor@investorplace.com or follow him on Twitter via @JeffReevesIP. As of this writing, he did not own a position in any of the stocks named here.