Here are 2 big stocks to buy now!

Well its really not an easy time to be an investor, with concerns that another crash may be just around the corner. Nothing in life is devoid of risk, including investing, and whenever the next downturn arrives, it will be a normal occurrence in our naturally cyclical market. It's important to remember that these periods of decline historically have often been followed by prolonged bull markets that lift the major indexes to new heights.


Investors should avoid buying or selling stocks based on the short-term movements of the market. To implement a successful long-term investing strategy, it's important to focus on high-caliber companies that you'll be comfortable keeping in your portfolio for years.

If you have a solid emergency fund to fall back on and also have cash available to invest for the long haul, here are two crash-ready stocks to add to your holdings sooner rather than later


Shopify


The e-commerce industry has experienced massive growth throughout the pandemic, and it isn't going anywhere even as we head toward the post-pandemic era. In fact, Statista estimates that global retail e-commerce sales will hit a staggering $5.4 trillion in 2022.


It should come as no surprise that Shopify has been a leading company in this boom. It provides internet shop owners with a high quality platform with all the online tools they need, and helps expand customer base ten fold. In 2020, Shopify's overall revenues grew by 86% and its gross merchandise volume (GMV) rose by 96%. Its subscription solutions revenue (the monthly fee Shopify charges merchants) and merchant solutions revenue (derived from payments processed via Shopify) also popped by 41% and 116%, respectively.

Late last month, investors were waiting with bated breath to see Shopify's first-quarter financial results, and the company didn't disappoint with its April 28 report. Its revenues were up 110% from the year-ago quarter, with subscription solutions and merchant solutions revenue rising by 71% and 137%, respectively. In addition to these stellar metrics, Shopify reported that its GMV spiked 114% year over year, while monthly recurring revenue (MRR) rose 62%.


Shopify also continued to expand its platform offerings. For example, management noted that the company's "all-in-one mobile shopping assistant," which it calls Shop, had a registered user count of 107 million individuals at the close of Q1. Management also said that they "continued to build the foundation of Shopify Fulfillment Network, focusing on optimizing our software and network, and introduced features that offer merchants greater insights into their inventory and increased flexibility to manage their orders."


Shares of Shopify are trading about 40% higher than they were a year ago, but analysts still think the stock has remarkable upside potential, with a price target as high as 81% above its current price.

If you've been weighing an investment in Shopify, but were worried that the moment to seize on the stock's growth story had already passed, think again - NOW IS TIME TO BUY!



Jushi Holdings


The cannabis industry might not be the first sector that comes to mind when you're searching for recession-resilient buys, but there are notable exceptions to the widespread volatility that plagues many of these stocks. Jushi Holdings own a chain of cannabis stores across the USA, and legalisation is begoing to unfold across all the major states, with most expected to be legal by end of 2022.


Jushi ask own ‘The Lab’ which manufacture cannabis vapes and concentrates, and ‘Nira’ who make hemp derived products.


Last year Jushi revenue rocketed by 700% and profits were up to 800%. Cash flow is also very impressive, with 170 million dollars on in balance sheet. Shares have increased over 650% in the last 12 months but it still trades for under 6 dollars per share! Trust me when I say this is a very overlooked company and is a MUST HAVE for your portfolio.



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