If you are in your early years as an investor and need to stay safe from negative trades, you should focus on playing safe. You don’t have to take any risky steps at the moment. Instead, leave the big risks for later and for now, you should focus only on spending your money on stocks that experts have predicted will get better in the coming months. So, are there any stocks that have been speculated to go up in the coming months? Of course, here is a list of stocks to buy now so you can start your trading journey on a steady terrain.
Five of the Best Stocks to buy now
Bank of America
The economy in the US has been getting better for the past few months and Bank of America is definitely benefitting a great deal from that. The interest rates have been going up in the country pointing to the strengthening position of the dollar as well. Increase in interest rates is a green signal for the loan providers and lenders. They now have more opportunities of making money when they forward loans to the borrowers. The tax plan from the president and the increase in interest rates, according to the experts, will add to the value of Bank of America stocks in the coming months.
One must keep in mind that Bank of America is one of the biggest banks in the world. The recent achievement of the bank is also an indicator that it will only do better in the coming times. The stress test from the Fed was real for the bank but Bank of America passed that with flying colors. What is going to benefit Bank of America even more in the future is that there are two more increases in the interest rates already scheduled. Despite the complaints from the president on how the Fed is managing things, the rest of the year seems great for Bank of America.
The problem with many people in the world is that they see some companies as one product companies when that’s not even the case. Adobe is one of those companies. A lot of users think that Adobe is all about the PDF technology and Adobe Photoshop, the graphics designing software that has become so popular that it has turned into a verb in English for making any changes to a picture. The good news for the company in the coming days will come due to Experience Manager. This is a tool that will let users of a website change its various elements to make it look the way they want to see it.
So, you might customize the website and see it completely differently from how one of your friends is looking at it. This particular product from the company is directed to increase customer experience by introducing personalization in the website design. In the current year, the stock of the company has already risen by more than 20%. There is even more growth expected for Adobe Systems in the upcoming year. According to the experts, Adobe Systems might see a boost of 17% in 2019 and that’s what makes it one of the best stocks to buy now.
You will always see some sort of controversy on the internet about Amazon. Recently, the company has faced a lot of heat for fake reviews and posting products that are copied from original products. Despite those issues, Amazon continues to get better with time. It might surprise you but shares of the company have only seen gains in the past many months. Compare the statistics to the previous year and you can see that the growth has been nearly 60% in its shares. At the start of the year, a lot of investors got rid of some of the most popular stocks. However, they still decided to stick with the Amazon shares.
Many people call Amazon stocks trade, but the time when its shares will not be yielding any benefits for the people is far away right now. As of the moment, you can gain a lot by buying its stocks. The company’s steady position makes it one of the best stocks to buy now.
For quite some time, Salesforce remains one of the strongest stocks to buy now and it has been that way for quite a few months. The best thing about Salesforce is that it is in a position where it can still grow a lot unlike Google, which many investors think cannot grow any further with its current lineup of products and services. You will also love the face that Salesforce stocks are up by nearly 45% in the current year. Salesforce officials believe that in the coming year, the company could easily get a revenue of more than $13 billion in the next year. That’s what makes it one of the favorite stocks to buy now.
Despite the worrying news about the company, Microsoft is still one of the most profitable stocks to buy now. According to the recent statistics, the company has been experiencing more than 21% growth in the value of its stocks. One of the reasons why Microsoft is one of the best stocks to buy now is its recent approach of moving to a cloud-based model. Compared with the previous year, the company has seen its revenue from its cloud-based services to rise by more than 58%. It is expected the Azure is only going to make things better for the tech giant of the world in the coming months.
So, these are the best stocks to buy now because according to the experts in the industry, they are going to offer you a lot of gain in the coming year as well. It is best that you do your own research as well and see if you can find a different stock whose value in future seems more trustable and predictable to you. However, when it comes to the companies, there is no doubt that their stocks are the best stocks to buy now because of a very strong 2018 and some great speculations for the coming year as well.