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Investing in U.S. shares supplies a number of benefits to Canadians. Traders buying south of the border can diversify their portfolio whereas getting access to the most important economic system on this planet. A few of these corporations promote their services and products all all over the world, permitting them to broaden income and earnings at a sustainable tempo.
With a risky inventory market in 2022, Canadians can now purchase U.S. shares at a a lot decrease valuation and profit from outsized beneficial properties over time. Listed below are three promising U.S. shares you should buy with $100 proper now.
Ford Motor Firm
One of many largest vehicle corporations on this planet, Ford (NYSE:F) is an interesting guess proper now. The legacy auto producer is aggressively increasing its presence within the electrical automobile phase. By the tip of 2023, Ford goals to fabricate and ship 60,000 EVs each month. And by 2027, the automaker expects to supply two million EVs every year.
In 2021, Ford offered 3.9 million autos. So, EVs may account for a good portion of complete gross sales for Ford by 2026, driving its income progress larger within the upcoming years. Given its enviable forecasts, Ford would possibly grow to be the second largest EV producer on this planet by 2026.
Ford has additionally entered into a number of agreements to safe the required battery capability to satisfy its manufacturing targets. It claims to have secured 70% of the battery necessities to help the manufacturing of two million autos by 2026.
Valued at 7.2 occasions ahead earnings, Ford inventory is reasonable. Analysts, in truth, count on Ford’s earnings to broaden by 13.5% yearly within the subsequent 5 years. Along with its low cost valuation, Ford additionally gives buyers a dividend yield of 4.2%.
Curaleaf
One of many largest marijuana producers on this planet, Curaleaf (CNSX:CURA) is valued at a market cap of $5.5 billion. The hashish firm has elevated income from US$77 million in 2018 to US$1.2 billion in 2021, indicating an annual common progress charge of 150% on this interval.
Whereas most Canadian marijuana producers are grappling with destructive revenue margins and excessive money burn charges, Curaleaf reported working earnings of US$175.6 million in 2021, in comparison with a lack of US$28.7 million in 2018.
The wave of hashish legalization within the U.S. in early 2021 acted as an enormous tailwind for Curaleaf. However marijuana continues to be unlawful within the nation on the federal stage, limiting the growth plans of Curaleaf and its friends.
Curaleaf is forecast to extend income by 18% to $1.9 billion in 2022 and by 26% to $2.3 billion in 2023. So, the inventory is valued at a fairly affordable 2.4 occasions ahead gross sales.
Roku
The ultimate U.S. inventory on my record is streaming large Roku (NASDAQ:ROKU). Shares of Roku have declined by a staggering 85% from all-time highs, valuing the corporate at a market cap of US$10 billion.
Roku connects content material publishers with its extensive base of customers. It’s a market chief within the streaming gadget enterprise and enjoys an industry-leading internet promoter rating of 71. Roku can be the most well-liked streaming platform in North America by way of person engagement.
Roku units powered over 30% of TV streaming time in Q2 whereas accounting for 23% of streaming units globally. A extremely engaged person base ought to permit Roku to speed up advert income within the upcoming decade.
Attributable to its extensive attain, Roku is among the many high gamers within the related TV phase. Analysts count on Roku inventory to surge by at the very least 10% within the subsequent yr.
