Im a little suspicious of this recovery lately. My port is up 8% so far this year. As such, It’s hard for me to get a read. I feel there’s still a lot of pessimism surrounding advertising so maybe some opportunity there. $GOOG looks tempting. Maybe $TTD.
I believe that large cap growth stocks that have been derated in the last 12 months and have now become value stocks in disguise are the best bets. In particular, $AMZN with its fingers in every secular trend (cloud, e-com, digital ads, streaming) and potential margin levers this year
I have $LVMUY and $PPRUF on my watchlist as exposure to the luxury retail space. Recent research has suggested that this sector tends to hold up well during inflation, however I am still doing my DD on both stocks
ServiceNow is interesting— they simplify digital workflows for organizations across the world, improving visibility and becoming an integral part of the day-to-day experience for hundreds of thousands of workers. $NOW