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This is just the beginning. GM recently announced that it plans to hire 3, new engineers to build out its electric vehicle production and that it plans to launch 30 electric models by GM has deep pockets to invest in electric and autonomous technology, and its brand loyalty gives it a big competitive advantage.
It could emerge as one of the big players in the EV race. At less than seven times expected earnings, it's too cheap to ignore. Disney's theme parks have either been closed or running at limited capacity for most of Its cruise line is not operational, and it can't put any billion-dollar blockbusters in movie theaters. When Disney launched the platform in late , it set a seemingly ambitious five-year goal of 60 million to 90 million subscribers by Thanks to the stay-at-home world we've been living in, Disney has achieved its goal already.
At its recent investor day, we learned that there were It's entirely possible Disney will surpass the upper end of its original goal by the time you're reading this. Now, management's target is for million to million subscribers. Once the pandemic ends, demand for Disney's parks, cruise ships, and movies is likely to be as strong as ever.
Now there's a massive stream of recurring subscription revenue on top of it. Fintech giant Square's core business is providing payment processing hardware to businesses. This part of the company continues to grow impressively. That figure is likely to increase significantly as the pandemic comes to an end and people can go out more freely. Plus, Square has built a business ecosystem around its payment processing, including its Square Capital business lending platform and newer offerings like the Square Online Store omnichannel platform.
However, the real long-tailed growth story is the Cash App. Over the past year, Cash App's active user base has doubled. The company has added stock trading capability to the already impressive functionality of the app. It's now estimated that one-fourth of U. This could just be the beginning of Square's monetization of it -- the company could eventually launch high-yield deposit accounts, insurance products, and personal loans. I'll be honest.
I have absolutely no idea what any of these stocks will do over the next few months as we head into Nobody does. There are simply too many unknowns when it comes to the COVID pandemic, political developments, and other factors that have little to do with the long-term health of each business. Having said that, all of these stocks are in a strong position to prosper not only while the pandemic gradually ends, but also for the next several years.
I'm confident that patient long-term investors who add them to their portfolio in will be glad they did. Ford's F-Series, which includes the F and its larger siblings, remained America's best-selling vehicle for the 39th straight year and the industry's top-selling truck for the 44th consecutive year. GM's Chevrolet Silverado regained its silver medal position after dropping to third in behind Fiat Chrysler's Ram pickup. Falling off the sales leaderboard compared to were the Corolla and Nissan Rogue, which ranked sixth in Skip Navigation.
Markets Pre-Markets U. Key Points. Led by the Detroit automakers, pickup trucks accounted for five of the industry's 10 best-selling vehicles in Ford's F-Series pickup remained America's best-selling vehicle for the 39th straight year. It's also the industry's top-selling truck for consecutive years.