Investors: Stocks Make the Perfect Holiday Gift

The gift of stock may start someone on a lifetime journey of investing. It’s perhaps one of the greatest gifts you can share.

| More on:
Smiling diverse couple holding Christmas presents while walking through a winter forest

Image source: Getty Images

For many of us, the pandemic has changed our outlook on the perfect holiday gift. Rather than more “stuff,” most of us are craving time with family and friends. We prefer to make memories and give and receive gifts that last for more than just a brief period.

With that in mind, shares of stock make a wonderful alternative to traditional holiday gifts. They are easy to purchase, can be customized for the recipient, and don’t require you to leave your home.

The gift of stock may start someone on a lifetime journey of investing. It’s perhaps one of the greatest gifts you can share.

Here are three stocks that would make great holiday gifts this year.

For the person who loves to shop: Shopify

Shopify (TSX:SHOP)(NYSE:SHOP) is Canada’s biggest tech success story. What started out as an online shop of snowboarding gear has grown into a tech behemoth, with a market cap of nearly $170 billion.

One driver of Shopify’s success has been its continual quest to help clients become more successful merchants on the platform.

Last month, Shopify launched Handshake, a wholesale marketplace for its merchants. Handshake connects merchants with suppliers from around the world to help them curate products and scale their operations.

As of this writing, Shopify is trading at $1387.87 per share. This year has proven to be an astonishing year for the stock, dramatically up from its 52-week low of $427.

For the tech hound: Open Text

Open Text (TSX:OTEX)(NASDAQ:OTEX) is one of Canada’s leading tech companies. What started out as a University of Waterloo in Canada project, Open Text has grown to a market cap of $15.7 billion.

Headquartered in Waterloo, Ontario, Open Text develops Information Management products, which enable businesses to lower operational costs by improving business insight, impact, and process speed.

Trading at $57.81 as of this writing, Open Text has a dividend yield of 1.83%.

For the kid in your life: Disney

Few names are as synonymous with childhood as Walt Disney (NYSE:DIS), the most recognized brand in the entertainment industry anywhere in the world.

Although this year has been brutal on its theme parks around the globe, Disney’s streaming service, Disney+, has performed well. Currently, there are approximately 74 million subscribers to Disney+.

For years, Disney has found success in movie theatres by remaking live action movies from its long catalog of popular animated films. Unfortunately, the pandemic dashed any hopes of blockbuster theatrical releases this year. Instead, Disney is using its streaming service to release new titles. The live-action remake of Mulan dropped on Disney+ on Friday.

In addition, the wildly popular show, The Mandalorian, has made Disney’s purchase of the Star Wars franchise look like a masterstroke. The eighth and final episode of the second season of the series airs on Disney+ on December 18.

Trading at US$149.96 as of this writing, shares of Disney are up marginally for the year.

How to give stocks

There are several ways you can gift stocks. Various websites are specifically designed to sell shares of stock intended as gifts. These sites can guide you through the process. If the company does not issue paper stock certificates, these sites provide a framed, personalized replica stock certificate for display purposes. You can also re-title shares of stocks you own or establish a direct share-purchase plan in the name of the recipient.

Bottom line

If you are searching for a unique gift this holiday season, why not delight someone with stock from one of their favourite companies? It is a gift that will be remembered for years to come and a gift that will appreciate over time.

This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium service or advisor. We’re Motley! Questioning an investing thesis — even one of our own — helps us all think critically about investing and make decisions that help us become smarter, happier, and richer, so we sometimes publish articles that may not be in line with recommendations, rankings or other content.

Fool contributor Cindy Dye has no position in any of the stocks mentioned. David Gardner owns shares of Walt Disney. Tom Gardner owns shares of Shopify. The Motley Fool owns shares of and recommends Shopify, Shopify, and Walt Disney. The Motley Fool recommends Open Text and OPEN TEXT CORP and recommends the following options: long January 2021 $60 calls on Walt Disney and short January 2021 $135 calls on Walt Disney.

More on Tech Stocks

sale discount best price
Tech Stocks

2 Growth Stocks to Buy Every Time They Go on Sale (Like Now)

The right growth stocks are worth buying in almost any market, but they are especially attractive when they come with…

Read more »

stock data
Tech Stocks

Better Tech Trend for Investors: AI or Graphene?

Even though it’s the newer of two technologies, AI has outpaced graphene by a significant margin in the corporate world.…

Read more »

Man considering whether to sell or buy
Dividend Stocks

DND Stock: Buy, Sell, or Hold?

DND stock (TSX:DND) fell by 17% after producing earnings that once again fell below analyst estimates. But does that mean…

Read more »

Hand arranging wood block stacking as step stair with arrow up.
Tech Stocks

This Stock Is up 1,440%, But You Can Still Buy it

Constellation Software is a superb company that has made its long-term investors incredibly rich. And it's a good value today.

Read more »

Car, EV, electric vehicle
Tech Stocks

Tesla and Apple Have This 1 Trait in Common, and It’s Making Investors Rich

Tesla and Apple have a lot in common. But this one trait of building an ecosystem is boding well for…

Read more »

Upwards momentum
Tech Stocks

Growth Stocks: A Once-in-a-Decade Opportunity to Get Rich

Here’s a really attractive Canadian growth stock you can buy now and hold for the long term to see your…

Read more »

ETF chart stocks
Tech Stocks

You Don’t Have to Pick a Winner in AI Stocks: Here’s Why

Buy the sector instead of hoping for a moonshot.

Read more »

tsx today
Tech Stocks

TSX Today: What to Watch for in Stocks on Thursday, September 21

Overnight declines in commodity prices and fears of elevated interest rates for longer could drive TSX stocks downward at the…

Read more »