I Just Bought More of These 3 High-Conviction Stocks. Here's Why

Group 1: Investment Strategy - Regularly investing new money allows investors to benefit from price swings, accumulate shares, and explore new ideas, which is a more effective approach than investing everything at once [2][4] - The principle of consistently putting new money to work is part of The Motley Fool's investing philosophy [2] Group 2: Airbnb - Airbnb has over 8 million active listings worldwide and booked 123 million nights and experiences in Q3 2024, indicating strong demand [6] - The company generated $4.1 billion in free cash flow over the last 12 months, with a margin of 38% [7] - Airbnb's management is investing in new business ideas to drive long-term growth, leveraging its solid core business and substantial free cash flow [8] Group 3: Celsius - Celsius stock has increased nearly 1,200% over the last five years but is currently down more than 70% from its all-time high, prompting further investment [9] - The company reported a 31% year-over-year drop in revenue in Q3 2024, attributed to a timing issue with its main distributor, while still gaining market share [10] - Celsius has over $900 million in cash and zero long-term debt, with a net income of $164 million year to date, positioning it well against competitors [12] Group 4: Dollar General - Dollar General is expected to have full-year earnings per share (EPS) of $5.50 to $5.90, which would be its lowest EPS since 2018, but the company can still afford its dividend [14] - The dividend yield is now over 3%, providing attractive income potential for investors [15] - Despite a drop in earnings, Dollar General's sales are still up, indicating operational issues rather than a lack of consumer demand, and management is addressing these challenges [17]