This is a list I usually make for myself each year, although not with the clever title. I try to make at least a watchlist of assets I want to invest in for the coming year. This year is no different and with so many different types of assets coming to the mainstream, I thought I’d start this list out with some alternative asset types. This list will include cryptos, stocks, ETFs, and anything else I am considering for the coming year.
13: Palantir (NYSE: PLTR)
Those who have read my articles know I have been a long-term bull on Palantir. I see a lot of people who don’t want to invest in Palantir because they don’t understand what the company does. There are other question marks, including the large stock-based compensation and the delay in becoming a profitable company. These are valid, but not unheard of for software-based companies. Palantir is heavily involved in AI and data analytics and has a fairly stable combination of both commercial and government contracts. The biggest issue for me has always been a high valuation with slow growth. I believe in what Palantir does but have been frustrated with how fast they have been able to grow their earnings. Long-term, I do believe that this stock will find a more reasonable valuation as earnings growth speeds up.
14: Costco (NASDAQ: COST)
Of all the major retailers out there on the stock market, I truly think Costco has the best business model and opportunity for further growth. You will certainly need to stomach a high valuation for a retail stock but it has always traded with a higher valuation and worked out well for shareholders. The company continues to expand internationally as was seen by the viral video of thousands of shoppers getting ready to enter the newest location in China. Costco also continues to test new technologies to improve efficiency. Most recently, this includes a membership scanning technology that eliminates the need to show your member card to staff. On top of that, Costco continues to reward shareholders with special dividends. The most recent one of $15.00 per share is an indication of how strong the company’s cash flow is.
15. Solana Meme Coins
Before you roll your eyes, hear me out. This is a list of assets I’m looking to hold and grow in value over the next 12 months. There is no hotter crypto network right now than Solana and one reason why is because of its very active meme coin and DeFi platforms. Right now, you can invest in micro-cap meme tokens on Solana for virtually no network fees, especially compared to Ethereum. A couple of these tokens have already gone mainstream including $BONK and $WIF. An early investment in these would have netted tens or even hundreds of thousands of dollars. Remember how big $DOGE and $SHIB became last cycle? I truly believe we’ll see some of these billion dollar tokens emerge from the Solana ecosystem at some point in the next couple of years.