Boohoo shares are Freetrade investors’ top pick. What else are they buying?

first_imgBoohoo shares are Freetrade investors’ top pick. What else are they buying? Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Roland Head | Wednesday, 28th October, 2020 I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Last week, customers of online stockbroker Freetrade spent more money on Boohoo shares than any other single stock.But other top picks suggest that investors on the platform see growth opportunities in several other exciting sectors.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Stay-at-home livingShares in the fast-growing online fashion retailer Boohoo have fallen by almost 30% over the last month. Although the firm reported a 51% rise in pre-tax profit for the six months to 31 August, Boohoo has faced criticism this year relating to working practices at its suppliers.More recently, the firm’s auditor has resigned and The Sunday Times has reported that one of Boohoo’s suppliers is under investigation on suspicion of money laundering and VAT fraud.Other consumer stocks on Freetrade’s most-bought list have managed to avoid such negative headlines.In third place is Amazon. Shares in the online giant have risen by more than 70% so far this year.Streaming giant Netflix — in eighth place — is up by 50% so far this year. However, the Netflix share price has fallen by more than 5% since the company reported a sharp slowdown in new subscriber numbers, which fell to 2.2m during the third quarter.Finally, electrical retailer AO World made it into 10th place on the list last week. Shares in the online retailer have risen by 45% since 15 October, when the firm said that sales rose by 57% to £715m during the six months to 30 September. AO boss John Roberts believes that the electricals market has seen “a lasting step change in online penetration” this year.Electric mobilityDespite the impact of coronavirus, environmental concerns have gained a high profile this year. One area of investor interest is electric transportation, which has attracted substantial interest.Freetrade’s top-10 list includes two electric car companies. In second place is US giant Tesla, whose share price has risen by around 390% so far this year.In second place is Chinese firm NIO, which is listed on the New York stock exchange. Although the electric vehicle maker does yet sell cars outside China, NIO stock has risen by a staggering 640% so far this year, giving the business a market cap of around $38bn.Work-from-home sharesMillions of office workers around the world are still working from home. One stock that has done well in this market is video-conferencing group Zoom, whose service has become widely used by companies and by friends and family wanting to meet up.Another area of growth has been freelancing sites. Fiverr is a marketplace that connects business clients with freelancers. Fiverr’s share price has risen by 540% this year, although the stock has pulled back somewhat from September’s record high of $185.Of course, all this online activity depends on internet-enabled devices. Apple remains the platform of choice for many consumers and the firm’s shares were the seventh most-bought among Freetrade investors last week. After a 55% gain so far this year, Apple’s market cap has reached $1.5tr, but broker forecasts suggest the group’s growth will continue in 2021. Image source: Getty Images Our 6 ‘Best Buys Now’ Sharescenter_img I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Roland Head has no position in any of the shares mentioned. The Motley Fool UK owns shares of and has recommended Amazon, Apple, Fiverr International, Netflix, Tesla, and Zoom Video Communications. The Motley Fool UK has recommended boohoo group and recommends the following options: short January 2022 $1940 calls on Amazon and long January 2022 $1920 calls on Amazon. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Simply click below to discover how you can take advantage of this. “This Stock Could Be Like Buying Amazon in 1997” Enter Your Email Address See all posts by Roland Headlast_img read more

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