Identifying Stocks with Potential to Help You through Uncertainty

[Trade Zero]

There can be plenty of uncertainties and variables in stock trading. However, you can identify stocks with a great potential for online trading that can help you ride through the uncertainties. Let’s see if the stocks below fit the bill:

Upstart Holdings ($UPST)

Fintech company Upstart is known to use machine learning as well as over 1,600 variables for evaluating credit risk. Its platform connects banks and borrowers, keeping it safe from any kind of risk a conventional lender would have to experience.

● During Q2 2021, Upstart reported a total revenue worth $194 million, rising a massive 1,018% from Q2 2020. Total fee revenue also rose 1,308% year-over-year to $187 million.

● For Q1 2021, Upstart earned a total revenue worth $121 million, a year-over-year growth of 90%. Total fee revenue also rose 71% year-over-year to $116 million.

● Q4 2020 saw Upstart report a total revenue growth of 39% year-over-year to hit $86.7 million. Total fee revenue also grew 38% from Q4 2019.

● For the full fiscal 2020, Upstart reported a total revenue worth $233.4 million, having grown 42% from fiscal 2019. Fee revenue totaled $228.6 million, growing 43% year-over-year.

Wix.com ($WIX)

Website builder Wix helps businesses and entrepreneurs build their online presence. With an increasing number of businesses heading to the totally online model, the company has managed to report consistent growth:

● For Q1 2021, Wix reported revenue worth $304 million, a year-over-year growth of 41%.

● For Q2 2021, Wix posted revenue worth $316.41 million compared to $230.06 million in Q2 2020.

● For the full year of 2020, Wix earned revenue worth $989 million, a year-over-year growth of 30%.

● For Q4 2020, Wix earned revenue worth $283 million, 38% more than Q4 2019.

● For the third quarter of 2020, the company reported 29% year-over-year growth to $254.2 million.

VICI Properties ($VICI)

Despite the pandemic, resort and gaming center real estate investment trust (REIT) VICI Properties surprisingly managed to report tremendous growth. That momentum is expected to continue:

● For Q1 of 2021 VICI reported a total revenue worth $374.3 million, a year-over-year growth of 46.8%. Net income was reported at $269.8 million.
● Q2 2021 saw VICI report a total revenue worth $376.4 million, a year-over-year growth of 45.9%. Net income was $300.7 million.
● The fourth quarter of 2020 saw VICI report a total revenue worth $373 million, 57% higher than the $237.5 million reported for Q4 2019, with net income reported at $288 million.
● For the full year of 2020, the company reported a total revenue worth $1.2 billion, a year-over-year growth of 37%. Net income was reported at $891.7 million.
● For Q3 2020, VICI reported their total revenue growing 52.6% from Q3 2019 to reach $339.7 million. Net income was $398.3 million.

Raytheon Technologies ($RTX)

Raytheon is a defense company dealing with missiles, aviation and space, and owns aerospace engine manufacturer Pratt & Whitney as well as Collins Aerospace:

● For Q2 2021, Raytheon reported sales worth $15.9 billion.
● Q1 2021 saw Raytheon report sales worth $15,251 million, a 34.3% growth from $11,360 in Q1 2020.
● For Q4 2020, Raytheon reported a revenue with $16.42 billion compared to $19.55 billion in Q4 2019. However, the revenue figure was 0.71% more than the estimate by Zacks.
● During Q3 2020, Raytheon reported sales worth $14.7 billion with adjusted sales reported at $15 billion.

There are many stocks representing companies with a great potential for success. Identifying these could open the door to successful investing opportunities. An advanced online trading brokerage can also help you trade easier.