We asked our writers to name some of their favourite stocks to buy this July. Here's what they came up with.
Tristan Harrison: Domino's Pizza Enterprises Ltd (ASX: DMP)
Domino's has seen its share price fall from $80 to $54. I think this is an attractive entry price to buy into the pizza mogul which is planning on growing its global outlet network to over 4,500 stores over the next decade. It's achieving group same-store sales growth of high-single digits which I think is a sneak peek into its potential.
It's currently trading at around 36x FY17's estimated earnings which could be a great price for the future growth.
Motley Fool contributor Tristan Harrison has no financial interest in Domino's Pizza Enterprises Ltd.
Mike King: Flight Centre Travel Group Ltd (ASX: FLT)
Flight Centre's share price has risen some 40% in the past few months, and is currently trading at around $40, close to a 52-week high.
But despite the rise, I still think there's an opportunity for investors at these prices. Ticket prices have recovered somewhat, but I feel there is more to come, and that will benefit Flight Centre.
At the current price, Flight Centre shares are trading at around 19x estimated 2017's financial year (FY17) earnings. But shareholders need to consider this company a long-term investment. We aren't investing for FY17, but for the next five to ten years.
Motley Fool writer/analyst Mike King owns shares in Flight Centre Travel Group.
James Mickleboro: Mantra Group Ltd (ASX: MTR)
With the tourism boom in full swing and showing no signs of slowing, I continue to believe that this leading accommodation provider is positioned perfectly for solid long-term growth. As inbound tourism increases, I expect demand for its rooms in key tourist hotspots across Australia to grow strongly. I think this will lead to higher occupancy levels and allow the company to increase its average room rate. Ultimately, I expect this will mean Mantra grows both its earnings and dividend at an above-average rate for the next few years.
Motley Fool contributor James Mickleboro has no financial interest in Mantra Group Ltd.
Sean O'Neill: CBL CORP FPO NZX (ASX: CBL)
CBL Corp is a specialty insurer from New Zealand I have written about previously. It has operations in France, Australia, and several other geographies, and is expanding internationally. CBL offers a wide variety of niche insurance products that have historically been more profitable and less risky than regular home insurance. With minimal competition, well-aligned and highly experienced owner-operators, a long track record of excellence, and prospects for continued growth, CBL Insurance looks like a solid long-term investment.
Motley Fool contributor Sean O'Neill owns shares in CBL Corp
Tom Richardson: Nearmap Ltd (ASX: NEA)
This small-cap aerial-mapping business is still growing its Australian business selling photo-mapping services to local government, solar, and construction industry clients, among others. Its Australian operations are profitable and it has been heavily investing in building its U.S. business in a far larger market. It is forecasting total EBITDA in the region of $4.5 million to $6.5 million in FY 2017, with multiple key financial and operational growth metrics heading in the right direction. The stock sells for 61 cents today and if U.S. sales catch an updraft the share price should follow.
Motley Fool contributor Tom Richardson owns shares in Nearmap Ltd.
