Best US Stocks to Consider Buying in November

Every month we ask our freelance writers to share their top ones US stocks with investors – this is what they value highly for November!

(Just started investing? Check out our guide at how to start investing in uk.)

CrowdStrike Holdings

What it does: CrowdStrike operates a cloud-based cybersecurity platform that uses AI to continuously develop and defend businesses.

By means of Zaven Boyrazian. CrowdStrike Holdings (NASDAQ:CRWD) recently ended up in the media, and not for a good reason. A failed software update caused a global IT systems outage, impacting airlines, medical institutions and even banks.

Unsurprisingly, this disaster resulted in a significant drop in CrowdStrike’s stock price. But even though the bug that caused the outage has been fixed with new protocols to prevent a recurrence, the stock is still trading almost 20% lower.

To be fair, there is some justification behind investors’ concerns. Delta Airlines is already in the process of filing a lawsuit, and more legal action could follow. However, if we look at the long-term potential, this may ultimately be a short-term problem.

After all, this wasn’t a failure of cybersecurity. In fact, the group’s Falcon platform remains one of the best in the world, based on the results of the latest SC Awards Europe. Given the explosive growth and trajectory of the group, this looks like a buying opportunity to me, although volatility is expected.

Zaven Boyrazian does not own shares in any of the companies mentioned.

Netflix

What it does: Netflix is ​​an entertainment streaming service that offers on-demand TV shows, movies, and documentaries.

By means of Harshil Patel : Netflix (NASDAQ:NFLX) is a streaming giant with more than 280 million paying subscribers in more than 190 countries.

It recently experienced a jump in subscribers in the third quarter of 2024, adding 5.1 million new users. Together with the profit for the quarter, this exceeded market expectations.

Netflix has an excellent business model that benefits from a network effect. It has reached a scale that retains subscribers. More investment in new shows creates content, and more content keeps users hooked.

This was recently evident when it changed its pricing model to address password sharing. The ability to increase prices also shows pricing power. This is an important characteristic of a high-quality company.

Of Amazon, Disney And Apple They all offer streaming services, so there’s plenty of competition for Netflix to worry about. Additionally, raising prices is good for profits, but there will be a limit to what users are willing to pay. Finding the right balance will be critical to maximizing profitability.

Harshil Patel does not own shares in Netflix.

Now Holdings

What it does: Nu Holdings is the parent company of Nubank, the leading digital bank in Latin America.

By means of Ben McPoland. A stock I want to buy in November is Now Holdings (NYSE: NOW). Though largely unknown in the West, Nu is Latin America’s largest branchless bank, offering customers loans, insurance, bill payments, stock investments and more.

Incredibly, it now has 105 million users, despite only operating in three countries (Brazil, Colombia and Mexico). More than half of Brazil’s adult population uses the app, and it has added more customers in the past 12 months than the five largest Brazilian incumbents combined.

As the company expands its loan portfolio, it naturally opens itself up to an increase in non-performing loans. This is worth monitoring.

Despite this risk, Nu Holdings appears to be a high-quality growth stock. Revenue has increased from $1.7 billion in 2021 to an expected $10.3 billion this year. Profits are expected to grow by more than 50% over the next five years. Its return on equity (ROE) stands at 28%, one of the highest in the industry.

It is led by founder-CEO David Vélez, a former partner at venture capital firm Sequoia. With tens of millions of people across Latin America still cash-strapped, the opportunities for growth seem enormous.

Finally, the stock is not grossly overvalued. At $14, it trades at 23 times forward earnings.

Ben McPoland has no position in the stocks mentioned.