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Investing in the Innovation Winners

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Welcome to Episode #169 of the Zacks Market Edge Podcast.

Every week, host and Zacks stock strategist, Tracey Ryniec, will be joined by guests to discuss the hottest investing topics in stocks, bonds and ETFs and how it impacts your life.

In this episode, Tracey is joined by Zacks Strategist David Bartosiak, who is also the Editor of Zacks Blockchain Innovators and Surprise Trader newsletters, to discuss companies that are innovating.

Innovation is often overlooked by investors. They like to invest in companies that already have the hot product.

But what if the hot product was already out there and is right under your nose?

Companies in the Innovation Game

Where can you find innovative companies? There’s no one definition but it’s pretty easy to find them is you just start paying attention. There’s a reason that everyone loves certain companies. They’re usually innovative.

But innovation isn’t always apparent. Is Tesla (TSLA - Free Report) really about AI or is creating an electric car for the masses going to be more innovative?

Apple has competition in its healthcare wearables push from companies like BioTelemetary (BEAT - Free Report) which just reported a record quarter thanks to its product line-up which includes a wireless glucose monitor.

Amazon (AMZN - Free Report) seemed innovative when it launched the AmazonGo stores. But is being able to grab a sandwich wrap faster than at the nearby sandwich shop really very innovative?

Booking (BKNG - Free Report) is taking on Airbnb and other home rental companies by launching alternative properties on its site. They now make up 20% of the company’s total revenue.

Nike (NKE - Free Report) is also not resting on its laurels. It has developed a self-lacing shoe and is moving further into wearables.

Where else can you find the innovation winners?

Tune into this week’s podcast to find out.

[In full disclosure, the author of this article owns shares of AMZN and BKNG in her personal portfolio.]

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