Here are a few large cap equities you might want to scoop up at the moment on the cheap together with why we believe this might be a good investment.
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Shopify (Shop) - This stock has been on my radar for sometime. Shopify is a software-as-a-service company providing a platform for merchants to sell products online. Online sales is one of the fastest growing segments in the retail industry. Shopify is disrupting how merchants operate their online stores. Shopify has solid growth with revenue expected to grow at a solid rate of 50% for the next several years. Shopify is trading at a reasonable 18x forward earnings.
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Rivian (NASDAQ:RIVN) - Rivian is a car company that is developing an all-electric pickup truck. Rivian's truck has impressive specs. The truck has 400+ miles of range and 0-60 mph in 3.2 seconds. Rivian has a partnership with Amazon. Rivian's stock has been crushed since it's IPO. Rivian is trading at 8x trailing earnings.