What Are The Two Best Stocks To Invest In Right Now?
If you’ve been looking for the perfect growth stocks, you might want to keep reading. There are a number of factors to take into account when looking for a good stock, and there are 2 companies that have all the potential for being a huge success. -The first is a company with a well-established business model in an industry with sustainable demand. -The second company is one that has steadily grown into an international powerhouse since its founding just 10 years ago. Investors have been predicting the stock market crash for decades now, but as these two stocks show, it’s just not coming anytime soon!
The Best Growth Stocks
Matt DiLallo (Advanced Micro Devices): I’ve long been bullish on AMD (NASDAQ: AMD ), particularly as we continue to witness a rapid acceleration in demand for graphics processing units (GPUs) for machine learning, cloud computing, virtual reality, and artificial intelligence applications. AMD has long lagged behind Nvidia (NASDAQ: NVDA ), but we are in the midst of the biggest tech and semiconductor market bull run ever — and, even as that market has driven Nvidia stock to record highs, AMD’s stock has begun to surge on the heels of a blowout Q3 earnings report. AMD crushed expectations. The company grew revenue nearly 50% year-over-year, and expanded adjusted EPS more than 140%. Those are stunning growth rates, especially for a company that was out of favor a mere six months ago.
What Makes a Good Stock?
Most investors like to invest in stocks they can understand. That means there are plenty of stocks out there that aren’t great investments for beginners. Fortunately, there are many legitimate growth stocks for the first time investor. The best stocks are those that have shown some sort of consistent growth and are often in an industry with steady demand. For example, Walmart (NYSE: WMT ) has a well-known and solid business model in an industry with steady demand for groceries, and has plenty of brand power to back it up. However, if you’re interested in investing in more complicated stocks, like Alphabet (NASDAQ: GOOG ) or Amazon (NASDAQ: AMZN ), that’s a different story. As great as both of these companies are, they’re not great choices for investors.
Two Companies to Invest in
At the beginning of 2017, Sonos (NASDAQ: SONO ) enjoyed its biggest single-day point loss since the company went public back in 2011. In the summer of 2017, Lowe’s (NYSE: LOW ) hit new all-time highs, seemingly unable to go any higher. But as earnings season got underway, both companies appeared to hit some turbulence, closing down between 1% and 3%. More recently, we’ve seen a partial rebound, with both stocks closing down in the range of 4% to 6%. But for investors who are bullish on the stocks, this has been an opportunity for them to add more shares to their portfolios. Why Sonos is a Potential Gold Mine Let’s start with Sonos, a company that began life selling high-end home speakers.
A quick glance at Century Aluminum (NASDAQ:CENX) shows why it’s one of the fastest growing stocks in the market today. The aluminum smelter manufacturer has seen its stock rise more than 170% in just the last year alone. If you’re looking for a high-growth stock, this is one to consider. The company generated $3.1 billion in revenue in fiscal year 2017, an increase of 45% from the prior year. Century also expects sales growth of between 15% and 20% for the full year in 2018, as higher energy prices and an expansion at its Hawesville smelter will support further gains. Since its founding in 1995, metal fabricator Tomkins (NYSE:TK) has been on a mission to become a global leader in environmental solutions and water management.
Look no further than This Day in History to find out why I believe this company is worth your time. It’s the maker of the Trans-Alaska Pipeline, the largest liquid pipeline in the world, carrying over 500,000 barrels of crude oil and 280 million cubic feet of natural gas every day. Here’s a nice little statistic from the company: “On February 4, 1998, in terms of miles and barrels of oil and gas transported, Alaska Pipeline was the longest running pipeline in the world.” There are only 4 other liquid pipelines in the world that are longer than the Trans-Alaska pipeline! The only thing wrong with this company is that the stock hasn’t done very well lately, although this should change once the rest of the country becomes more familiar with the pipeline. There are about 20% of the U.S.
The best time to buy stocks is before they go down in value. Most investors are probably aware of this fact, and understand that an important part of investing is learning to ride out the inevitable ups and downs in the market. However, there are still some who seem to treat stocks like the stock market is a rodeo. By doing so, they get in and then get out before the stock can drop. In reality, this is a common mistake, and not one that you should make. Instead of trading on the “game” of the stock market, you should use it as a time to learn about investing and about your finances. In that sense, I believe that the stock market is a great place for people to start their investing education.