The best stocks to buy now include Denim, Weber and, of course, Apple.

Denim Stock (NYSE: LEVI)

According to Wells Fargo, Levi Strauss faces years of growth while consumers move from dim jeans to loose-fitting denim.

“We believe LEVI’s leading market share, an emerging denim trend, and numerous sustainable top line and margin tailwinds create a compelling setup for LEVI over the next several years,” said Ike Boruchow of Wells Fargo in a note Monday.

In the pandemic era, consumers are swapping out skinny jeans for more relaxed styles, according to Levi and other apparel companies.

While fads like color or distressed denims tend to last for a shorter period of time, silhouette trends, according to the firm, tend to last longer. According to Wells Fargo, the low-rise boot-cut denim cycle preceding the skinny jean era lasted five to eight years.

“Today, there is a clear category tailwind for LEVI,” Boruchow said.

The company is also optimistic about Levi’s recent acquisition of activewear brand Beyond Yoga. According to Wells Fargo, the deal places the legacy denim brand in “one of the fastest-growing categories within apparel: athleisure.” Furthermore, the acquisition demonstrates Levi’s commitment to growing its women’s business.

Levi intends to increase profitability in a variety of ways, including a greater emphasis on women’s clothing. According to Wells Fargo, the company’s focus on direct-to-consumer, e-commerce, and the Chinese market should all contribute to higher margins over time.

Weber stock (NYSE: WEBR)

Goldman Sachs, JPMorgan and Bank of America launched the new grill manufacturer Weber coverage on Monday with positive comments.

“We see WEBR as a solid growth story tied to the investing in the home theme with high brand awareness and global scale,” said Goldman analyst Kate McShane, who assigned the stock a buy rating and a $22 price target, implying 35.2 percent upside.

Weber’s stock fell 4.5 percent to $16.27 on Friday. The stock debuted in August at $17.

The three companies emphasized Weber’s global brand strength and market share leadership in the outdoor cooking market. As of 2020, Goldman estimated Weber’s market share to be 23% in the United States and 24% globally.

According to the investment firms, the company’s dominant position includes a diverse and expanding product portfolio.

“Weber should benefit from its broad product assortment as the only competitor who spans multiple product categories (charcoal, gas, connect grills, and pellet) and price points,” said Robert Ohmes of Bank of America. The stock has a buy rating and a $20 price target from BofA, implying a 22.9 percent upside.

Housing trends, particularly rising household formation and home ownership among millennials, should also benefit Weber, according to the firms.

“Secular factors (e.g., millennial household formation, semi-permanence of some COVID lifestyle changes like outdoor cooking/entertaining, multi-grill ownership) support continued sales growth,” said Megan Alexander of JPMorgan, who initiated coverage of Weber with an overweight rating and a $19.50 price target, implying a 19.9 percent upside.

According to the firms, other positive factors for Weber include new product innovation, acquisition and expansion opportunities in markets such as China.

iPhone 13 might support satellites communications

“If Apple enables the relevant software functions,” Kuo wrote, “iPhone 13 users will be able to call and send messages via satellite when they are not within 4G/5G coverage.”

Kuo is regarded as one of Apple’s top analysts, consistently describing unreleased products and features. He focuses on Apple’s Asian supply chain. The iPhone 13 will be available in September.

Kuo stated that the company has “been establishing a specific team in charge of the research and development of related technologies and applications for some time.” He believes that Globalstar, which has a satellite phone network of 24 satellites in low Earth orbit, is the satellite company “most likely to cooperate with Apple” on the new feature.

Globalstar shares rose as much as 62 percent in trading on Monday before falling slightly to trade up 45 percent from their previous close of $1.43 per share. According to FactSet, the company was worth $2.6 billion before the market opened.

Satellite communications, which already has several networks supporting specialized, purpose-built phones, is entering a new era of investment. Companies such as Elon Musk’s SpaceX, Amazon, Telesat Canada, and the British firm OneWeb are all developing new low Earth orbit (LEO) networks capable of providing high-speed internet to consumers, businesses, and others.

With LEO satellites and 5G, the mobile network industry, according to Kuo, is “facing two revolutions.”

“Assume Apple can take advantage of these two new network technologies. In that case, it can improve the user experience of existing hardware products while also providing innovative user experiences that can be integrated with future products (head-mounted display (HMD), Apple Car, and IoT accessories),” Kuo explained.

A chip that has been customized

If Apple adds satellite connection support to the iPhone 13, users will be able to call or text even when there is no 4G or 5G mobile network coverage on the ground.

According to Kuo’s research, the iPhone 13 incorporates satellite support via a customized Qualcomm chip known as the X60. Other smartphone companies, he said, will have to “wait until 2022” to add satellite support because they will require Qualcomm’s X65 chip.

According to Kuo, the connection to Globalstar is made possible by Qualcomm’s existing relationship with the satellite company. Qualcomm currently expects future X65 baseband chips to support Globalstar’s network frequency. Because of this relationship, Kuo believes Globalstar will be Apple’s “most likely partner” for iPhone 13 satellite support.

“There are numerous possibilities for Apple’s business model collaboration with Globalstar. The most straightforward scenario is that if the user’s operator has already partnered with Globalstar, the user can directly use Globalstar’s satellite communication service on the iPhone 13 via the operator’s service,” Kuo explained.

Connection via Iridium

In a research note published on Sunday, William Blair analyst Louie DiPalma cited Kuo’s report and stated that Apple may “embed Iridium connectivity in iPhones down the road.” In recent years, the satellite company completed the deployment of its Iridium NEXT network’s 66 LEO satellites.

“Iridium has subtly hinted at four different investor events that it is exploring the possibility of embedding its LEO satellite connectivity into smartphones,” DiPalma wrote.

In premarket trading on Monday, Iridium shares rose 6% from their previous close of $40.62. The stock is rated outperform by William Blair.

Inspired by SpaceX’s Starlink

Several companies, led by SpaceX’s Starlink, are investing billions of dollars in new LEO satellite broadband networks.

In his note, Kuo mentions Starlink, calling Musk’s network “worthy of investors’ attention” and claiming that LEO communications “will be one of the critical trends in the tech industry in 2022.”

Starlink is SpaceX’s capital-intensive project to build an interconnected internet network with thousands of satellites, known as a constellation in the space industry, to deliver high-speed internet to consumers anywhere on the planet. SpaceX began testing the network for aviation service inflight and expanding the service to large moving vehicles, such as ships and trucks, with a beta program for select consumers for $99 per month last year.

While the Starlink service is still in beta, Musk’s company recently announced that it has 100,000 users in 14 countries, with over 500,000 orders or refundable deposits placed by potential customers.

“The service and related component shipments of LEO satellite will increase significantly in 2022,” Kuo predicted, adding that “existing LEO satellite companies will be the first beneficiaries of this trend.”