Millennials are transforming just about everything these days. And the stock market is no exception.
With this generation in line to inherit the wealth of its predecessors by 2030, it’s no wonder why investors are following the companies this generation favors.
And the best way to profit in this millennial-driven market is to follow the trends.
I have to admit … since CNBC’s Jim Cramer first used this strategy by coining the acronym FANG, I have been a little jealous.
He used the term to recommend the four stock market darlings: Facebook, Amazon, Netflix and Google. Those four stocks have skyrocketed and become legendary market leaders.
I have been thinking about this ever since! And finally, today, I want to introduce my own version of FANG that reflects our current society. I call it “STUF.”
Check out the video below to find out what stocks make up STUF.
BUY INTO THE MILLENNIAL GENERATION
All four of the stocks that make up my STUF acronym are stocks that live in a variety of my services, so I won’t go into depth about each one here.
But the most important thing to keep in mind with this acronym is that it gains its momentum on millennial buying trends, as well as the rest of the modern world’s interests.
All four of these companies embrace technology. They not only make the world an easier and more accessible place, but also have the brand recognition that’s necessary to keep the general population’s attention for decades to come.
The same way that the famous FANG companies did, I believe the four companies that make up STUF have the same pull with the up-and-coming generations — if not more.
If you want to find out more about the stocks I talked about in this week’s Bold Profits Daily video, be sure to sign up for Profits Unlimited. I follow a majority of the stocks I talked about in that portfolio, so be sure to click here to learn more.
Editor, Profits Unlimited