6 New Stocks On My Watchlist

The latest stocks I'm currently looking to buy.

These are some new stocks on my watchlist. Some of these stocks I own, but not all. I track these stocks daily and have done thorough research on them. I'm sharing with you what I've found about these companies.

1. Rivian Automotive, Inc (RIVN)

Rivian Automotive, Inc (RIVN) is an American electric vehicle (EV) manufacturer that's been in the spotlight as a potential leader in the emerging market for electric trucks and SUVs. RIVN initially gained attention for its innovative electric vehicles, specifically the R1T pickup and the R1S SUV.

Both models are designed to offer high performance and long-range capabilities, suitable for both daily commuting and off-road adventures.

RIVN has emphasized its commitment to innovation, particularly in developing its own skateboard platform, which houses the battery pack and drive units under the body of the vehicle. This design is central to their strategy, enabling versatility in future vehicle designs.

RIVN has also secured significant investments from major players, including Amazon and Ford.

Amazon has also contracted RIVN to produce 100,000 electric delivery vans, which showcases confidence in RIVN's technology and growth potential.

RIVN's journey represents a blend of technological ambition and the practical challenges of entering a competitive and capital-intensive industry. Their success could potentially redefine segments of the automotive industry, particularly in how electric vehicles are integrated into commercial and recreational uses.

2. Krispy Kreme, Inc. (DNUT)

Krispy Kreme, Inc. (DNUT) is one of the most iconic doughnut companies and coffeehouse chains in America. Known for its signature glazed doughnuts, the company was founded in 1937 and has its headquarters in Charlotte, North Carolina, USA.

DNUT is famous for its wide variety of doughnuts, but the brand also offers coffees and drinks. Their original glazed doughnut remains a staple and fan favorite.

DNUT is also known for its creative marketing campaigns and product innovations. Seasonal offerings, themed doughnuts, and collaborations, such as those with popular brands and franchises, keep the brand relevant and engaging.

DNUT operates through a mix of company-owned stores and franchise locations. They have expanded their presence globally with stores in numerous countries, adapting their menu to cater to local tastes where necessary.

DNUT had been publicly traded before being taken private by JAB Holding Company in 2016. The company went public again in July 2021 after restructuring its operations.

3. Mobileye Global, Inc. (MBLY)

Mobileye Global, Inc. (MBLY) is a leader in autonomous driving technologies and advanced driver-assistance systems (ADAS). They were acquired by Intel in 2017, but went public again in 2022.

MBLY specializes in the development of vision technology for these ADAS. Their products include camera-based systems that can detect and interpret a vehicle's surroundings, improving safety by reducing the risk of traffic accidents.

MBLY is at the forefront of innovation in the ADAS and autonomous driving industries.

Their technology uses sophisticated algorithms, including machine learning and artificial intelligence, to interpret data from vehicle-mounted cameras. Mobileye continues to push boundaries in developing full self-driving hardware and software solutions.

Since its IPO, MBLY has shown robust financial performances, reflecting strong market demand for its technologies. The company focuses on scaling its operations globally and continuously improving its technology to maintain its competitive edge.

Their technologies are designed to make driving safer, contributing to broader goals of reducing traffic accidents and enhancing overall vehicle safety.

MBLY's position as a key player in the ADAS and autonomous driving sector makes it a significant entity in the tech industry, with a clear vision of contributing to the future of transportation.

4. Blackstone Mortgage Trust, Inc. (BXMT)

Blackstone Mortgage Trust, Inc. (BXMT) is a mortgage REIT specializing in senior mortgages secured by commercial properties in North America and Europe. Managed by Blackstone, one of the world's leading investment firms, BXMT focuses on providing capital for the acquisition or refinancing of high-quality commercial properties.

BXMT primarily originates and invests in senior loans secured by commercial properties in major markets.

These loans are usually first mortgage liens, which have priority over other interests in the event of a borrower's default. This focus on senior secured lending helps manage risk while providing opportunities for stable returns.

The trust’s portfolio is diversified across a wide range of commercial property types, including office spaces, hotels, retail locations, residential buildings, and industrial sites.

BXMT has a history of offering robust dividend yields.

As part of the Blackstone family, BXMT benefits from the firm's extensive network, market access, and management expertise. This relationship provides a competitive edge in sourcing and managing investments.

5. Solventum Corporation (SOLV)

Solventum Corp (SOLV) is a healthcare company that was spun off from 3M on April 1, 2023. The company focuses on developing, manufacturing, and commercializing a variety of healthcare solutions aimed at meeting critical customer and patient needs.

SOLV operates through 4 main segments:

• Medsurg: Provides advanced wound care, surgical supplies, and medical equipment.

• Dental Solutions: Offers a range of products for dental care, including orthodontic items and restorative materials.

• Health Information Systems: Develops software solutions that enhance physician documentation and data visualization.

• Purification and Filtration: Focuses on technologies for filtering and purifying, crucial in various medical and environmental applications.

SOLV aims to leverage its expertise in these areas to address the diverse needs of the healthcare sector.

As a newly independent company, SOLV is positioned to focus on tailored growth and capital allocation plans, benefiting from the legacy and support of 3M while pursuing its own strategic goals in the healthcare industry.

6. Reddit, Inc (RDDT)

Reddit, Inc (RDDT) operates a popular social media platform that is organized around communities. Users can join these communities based on their interests, hobbies, and passions.

RDDT was founded in 2005 by Steve Huffman and Alexis Ohanian and is headquartered in San Francisco, California. The company became public on March 21, 2024. The platform has grown significantly since its inception, becoming a central space where millions of users across the world connect over shared interests​.

On the platform, they can engage in conversations by sharing experiences, submitting links, uploading images and videos, and replying to one another.

This model facilitates a wide range of discussions and content sharing, making RDDT a unique blend of a news site, discussion forum, and content aggregator.

RDDT's platform organizes digital communities based on specific interests, enabling users to engage in conversations and share a variety of content. This unique model not only cultivates a strong sense of community and belonging, but also positions RDDT well to capitalize on niche advertising and targeted marketing opportunities​.

RDDT is focusing on expanding its user engagement strategies, incorporating artificial intelligence for better content delivery and user interaction, and exploring international and data-licensing opportunities​.

GP’s Wrap-Up

These 6 new stocks are on my watchlist- RIVN, DNUT, MBLY, BXMT, SOLV, and RDDT. My goal as an investor and a trader is to always be one step ahead. I want to get ahead of any market movement and try to be able to see things before they occur.

This takes constant reading, listening, and tracking the markets. It takes a solid 2-3 years of consistently studying the markets to get in flow. I’m always trying to find the next NFLX or UBER. I’m in for the long game. Always make sure to do your own research, follow the Money Flow rules, and practice proper position sizing.

Always remember, whatever you think about comes about, whatever you focus on grows! - GP

If you need help with setting up your charts and want a mini crash course in the Money Flow, consider GP's course:

"Getting Started with Stock Charts the Money Flow Way" and you will be ready to add shares to your portfolios on stage 1 when the markets are about to possibly rotate and trim profits when opportunities arise. CLICK HERE!

FINANCIAL DISCLAIMER

This is not financial advice, but education to increase awareness. Before making investment decisions, always do thorough research and possibly consult with a financial advisor. The above descriptions are a broad overview and may not capture all nuances associated with each asset.