Here are three top U.S. stocks Canadian investors should consider buying in July 2024.
Tesla stock
The largest electric vehicle manufacturer globally, Tesla ( $Tesla(TSLA.US$ ) is valued at a market cap of US$830 billion. TSLA stock has already returned 3,230% to shareholders in the last 10 years, outpacing the broader markets by a wide margin.
The largest electric vehicle manufacturer globally, Tesla ( $Tesla(TSLA.US$ ) is valued at a market cap of US$830 billion. TSLA stock has already returned 3,230% to shareholders in the last 10 years, outpacing the broader markets by a wide margin.
MongoDB stock
Shares of enterprise-facing cloud-based company MongoDB ( $MongoDB(MDB.US$ ) have more than doubled year to date. Valued at a market cap of US$29 billion, MongoDB stock is priced at 18.7 times forward sales, which is quite steep. But the company is on track to expand adjusted earnings from US$0.81 per share in fiscal 2023 to US$2.11 per share in fiscal 2024.
Shares of enterprise-facing cloud-based company MongoDB ( $MongoDB(MDB.US$ ) have more than doubled year to date. Valued at a market cap of US$29 billion, MongoDB stock is priced at 18.7 times forward sales, which is quite steep. But the company is on track to expand adjusted earnings from US$0.81 per share in fiscal 2023 to US$2.11 per share in fiscal 2024.
The Trade Desk stock
The final U.S. stock on my list is The Trade Desk ( $The Trade Desk(TTD.US$ ). Valued at US$38 billion by market cap, TTD stock has returned 2,470% to shareholders since its IPO in 2016. Operating in the ad-tech space, TTD should benefit from multiple secular tailwinds in the upcoming decade.
The final U.S. stock on my list is The Trade Desk ( $The Trade Desk(TTD.US$ ). Valued at US$38 billion by market cap, TTD stock has returned 2,470% to shareholders since its IPO in 2016. Operating in the ad-tech space, TTD should benefit from multiple secular tailwinds in the upcoming decade.
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b34r : How old is the article? Tesla market cap today is only 460B, almost half of the 830B quoted.