4 Growth Stocks to Buy This Week

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In today’s video I look at fundamentals, valuation metrics, and recent news for Playstudios (NASDAQ:MYPS), Redfin (NASDAQ:RDFN), Teladoc (NYSE:TDOC), and Tesla (NASDAQ:TSLA). Below I share a few highlights from the video. 

  1. Playstudios is a gaming company that offers its players real-world items and prizes through partnerships with other brands. On June 3, 2021, Playstudios announced that its partnership with MGM Resorts (NYSE:MGM) would expand to provide additional player rewards. 
  2. Redfin shows strong fundamentals in its trailing 12 months. It has reported positive cash flow from operations and has more cash and short-term investments than debt. 
  3. On July 2, 2021, Tesla reported 206,412 vehicles produced and 201,250 vehicles delivered for Q2 of 2021. The reported number represents both quarter-over-quarter and year-over-year growth. 

Click the video below for my full thoughts and analysis.

*Stock prices used were the closing prices of July 9, 2021. The video was published on July 10, 2021.

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