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July 10, 2021, 10:20 a.m. EDT

Best Cyclical Stocks To Invest In Now? 5 Names To Know

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Stamps.com Inc.

Stamps is a cyclical company that provides internet-based mailing and shipping services. It also provides e-commerce shipping software solutions to customers including consumers, small businesses, and high-volume shippers. In essence, its solutions help businesses run their shipping operations more smoothly. STMP stock saw impressive gains during Friday's trading sesion closing up over 63% at $324.23 a share.

The company's stock popped on news that it has entered into a definitive agreement to be acquired by Thoma Bravo, a leading software investment firm in an all-cash transaction that values Stamps at approximately $6.6 billion. "As the first company to introduce online postage and an early innovator in e-commerce shipping software, Stamps.com has established itself as a key technology solution in worldwide e-commerce," said Holden Spaht, a Managing Partner at Thoma Bravo. With that in mind, will you watch STMP stock right now?

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Walt Disney Company

Another top name to consider in the cyclical industry today would be the Walt Disney Company. For the most part, the company's wide yet relevant portfolio continues to cater to the needs of consumers across the board. Firstly, Disney's tourism portfolio would be in a good position to leverage potential upticks in travel trends. This would be the case once the pandemic is fully dealt with. Secondly, the company is also a prominent player in the increasingly popular video streaming industry now. With DIS stock currently trading at $177.04 a share to close out Friday's trading session, could it be a good buy this week?

While this remains to be seen, Disney is hard at work bolstering its portfolio in general. Yesterday, senior creative director Danny Handke revealed that the company's Disney Wish cruise is bringing new dining experiences to travelers. Specifically, Handke explained that the 2500-passenger ship is looking to introduce a "cinematic dining adventure" called Avengers: Quantum Encounter. Additionally, Disney Wish will also see two fast-casual restaurants added to its list of facilities. Meanwhile, Disney has also dropped a trailer for its latest animated film Encanto, earlier today. Given all of this, would you consider DIS stock worth investing in now?

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Nio Inc.

Topping off our list today is Nio Inc., a leading name in the booming Chinese electric vehicle (EV) market now. Naturally, Nio primarily designs and develops premium smart EVs. Last month, the company reportedly delivered 8,083 vehicles, a 116% year-over-year increase. With Nio seemingly powering through the chip shortage in the automotive market, I could see investors eyeing its shares now. After gaining by over 350% in the past year, NIO stock is now trading at $45.53 a share as of Friday's close.

Regardless of its current momentum, Nio does not seem to be slowing down anytime soon. Just this week, the company provided two updates regarding its emerging EV charging portfolio. As of earlier today, Nio is planning to position 4,000 EV battery swapping stations globally by 2025. Nio could have as many as 700 stations installed by the end of this year. This comes two days after the company was awarded the TUV Rheinland European Conformity Certificate and TUV MARK Approval Certificate. Notably, these awards allow Nio to operate in all European Union member states. All of this would serve to bolster the company's presence globally. With Nio seemingly kicking into high gear now, will you be keeping an eye on NIO stock?


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