Gold and bitcoins are particularly fascinating for investors. Compared to the share, however, its investment character is somewhat different. While Bitcoin is a digital currency, gold is a precious metal.
The prices depend on supply and demand, whereby the supply is scarce and limited. In the case of gold, the scarce funding limits the offer, bitcoins are limited by increasingly difficult arithmetic operations and the maximum maximum of 21 million coins.
Advantages and disadvantages of gold and bitcoins
Compared to paper money, gold and bitcoins have the positive property that they cannot be devalued by the central banks’ money presses.
Despite their crisis nature, gold and bitcoins also have disadvantages. If you look at the course of Bitcoin, you will quickly notice the high volatility. In addition, bitcoins could lose importance in the long term. To do this, they would only have to be declared illegal by governments.
You could be better off with gold, because the gold price is currently at an all-time high. But here, too, things did not always go up. At times, price declines were observed over the years. With the COVID-19 crisis, the demand for gold now seems to be increasing again. One reason for this development could be the uncertainties that arise from the large government loan programs.
Despite positive prospects for gold and bitcoin, one could still drive better with selected growth stocks. There are three such stocks Adyen (WKN: A2JNF4), Varta (WKN: A0TGJ5) and Zoom Video Communications (WKN: A2PGJ2). What is special about this selection is that all companies are already profitable.
Adyen is a payment service provider based in the Netherlands that can process all payments made by companies on a single platform.
Payment technology can be adapted for every industry and every company. The customer group of start-ups is particularly interesting. Here you can find fast growing companies like Spotify, Zalando or Delivery Herowho at the same time fuel the growth of Adyen with their urge to expand.
In the first quarter of 2020, sales increased by 34% compared to the previous year to EUR 136 million. The operating result EBITDA was EUR 63.6 million and increased by 16%. The corresponding EBITDA margin amounts to 47%.
The second share with a rapidly growing and profitable business is Varta, a German manufacturer of energy storage solutions. The company is known for its household batteries, but power banks and industrial energy storage also complement the product range.
There is currently a particularly high demand for lithium-ion batteries, which are used, among other things, in the popular wireless headphones from Apple (AirPods). In addition, the takeover of the European Varta consumer business is fueling recently acquired by Energizer, the growth.
It is therefore not surprising that in the first quarter of 2020 group sales increased by 170% to EUR 198.5 million. But even without the acquisition of the Varta consumer business, sales would have increased by 68%.
EBITDA for the first three months of 2020 was EUR 51.7 million. The increase here is 197%. Without the newly acquired Varta consumer business, the growth amounts to 135%, the corresponding EBITDA margin amounts to 26%.
Zoom Video Communications-Aktie
The last stock with strong growth is Zoom Video Communications, a provider of video conferencing software that is offered as software-as-a-service.
The corona pandemic in particular fueled the growth of the San José-based company, as many employees had to go to the home office and could only do their work via video conferencing. Over 300 million daily participants used the Zoom conference solutions at their peak.
Even if the company last because of Data protection problems came under criticism, the strong demand for the Zoom software products can be seen clearly in the last quarterly figures.
Revenue increased 169% year-over-year to $ 328 million in the first quarter of 2020. And operating income (EBIT) also increased from $ 1.6 million in the first quarter of 2019 to currently $ 23.4 million. The corresponding operating margin is 7.1%.
The post Forget gold and bitcoins: these three growth stocks are better! appeared first on The Motley Fool Germany.
The Motley Fool owns shares of and recommends Spotify, Zalando and Zoom Video Communication.
Motley Fool Deutschland 2020