As the Sun Sets on 2021, These 5 Stocks Are My Highest-Conviction Holdings
Are you still on the hunt for some core long-term holdings to start the new year? Names you can have every confidence in no matter what might happen to the broad market? If so, keep reading. Below are my top-five foundational picks for almost any portfolio as 2021 transitions into 2022. In no particular order...
You know the company. Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) is of course parent to search engine behemoth Google and online video venue YouTube. It's got some other revenue-bearing projects in its collection as well, but those two platforms alone account for about 80% of its total business. More than that, both platforms' business is pretty darn secure. Data from GlobalStats suggests Google handles more than 90% of the world's web searches -- a statistic that's held steady for a decade. And although it's anything but a traditional streaming service like Netflix or Disney+, YouTube has worked its way into our living rooms as a preferred entertainment destination. Numbers from Nielsen posted earlier this year indicate that U.S. consumers are streaming about as much YouTube content as Netflix content, and streaming a heck of a lot more YouTube content than Disney content.
Credit that viewership to YouTube's 2 billion regular monthly users collectively watching more than 1 billion worth of YouTube videos every single day. The watch-anything format works!
Source Fool.com
