The Gift That Keeps on Giving: Stocks for the Holidays
As supply chain challenges continue to capture headlines and create concerns about the availability of must-have holiday gifts, there is a great stocking stuffer idea you may not have previously considered: stocking up on stocks for the holidays.
Easy to purchase and easy to gift, stocks offer a creative and meaningful holiday present for friends and family of all ages. Stocks can potentially grow in value, provide beneficial lessons in finance and support a healthy long-term investment habit. You can choose to gift stocks through an app, a brokerage firm or advisor, or the company directly.
Making a meaningful pick
To choose a particular stock for those on your holiday list, first consider their interests, and then seek out relevant companies that also have real potential for growth. If you find an interesting option that is over your budget, you can look into purchasing a fractional share of that stock.
Ultimately, your goal is to gift something that may increase in value while sparking interest for the recipient. Here are some stocks to look into:
- CHWY (Chewy)
- FRPT (Freshpet)
- TRUP (Trupanion)
- BARK (The Original Bark Company)
- PAWZ (ProShares Pet Care ETF)
- SEDG (SolarEdge Technologies)
- ENPH (Enphase)
- PLUG (Plug Power)
- BLNK (Blink Charging)
- FCEL (FuelCell Energy)
- MVRS (Meta) *As of Dec 1
- U (Unity Software)
- RBLX (Roblox)
- ADSK (Autodesk)
- NVDA (Nvidia)
- SPCE (Virgin Galactic Holdings)
- RKLB (Rocket Lab USA)
- ASTR (Astra Space)
- ARKX (ARK Space Exploration & Innovation ETF)
It is important to note that gifts of stock may be subject to gift tax (the recipient may also be required to pay taxes upon selling).
Stocks aren’t subject to delays in parts and materials. They are available across all price points. They are a thoughtful and unusual holiday item. Stocks are the gift that keeps on giving and a wonderful option for everyone on your “nice” list this year.