Stocks investment is becoming a booming trend. Though, it seems people are more inclined to short-term trades as we see how bitcoin, GameStop, and cannabis stocks surged in the past weeks. While short-term trades are not wrong, blindly following the trend is a lot risky.
This goes different from long-term investment. Longer-term portfolio can provide you with solid returns that you can depend on. However, you might need to invest your time too to do some research on fundamental analysis. Thus, you can land your decision on promising stocks with solid growth potential, all within a reasonable price. To save you the time, CNN compiled several promising stocks you can peek below!
Google/Alphabet (GOOGL (GOOG))
Alphabet ranks fourth in the world’s largest technology companies list. Its shares have been on a constant rise and almost peaked at an all-time high due to the undying demand for search and video advertising. Youtube contributed a lot to the company. Antitrust concerns and allegations of the platform encouraging misinformation spreading seem to not really affect Youtube. Accordingly, the Alphabet’s earnings and revenue from its core business remain projecting healthy gains. Its Google Cloud platform is also competing well with Microsoft (MSFT) and Amazon (AMZN).
Analog Devices (ADI(ADI))
Analog Devices is a chips manufacturer company. These chips are used in phones, cars and many types of industrial equipment, and Analog Devices is known for leading the segments. Noted from CNN, the company will soon acquire Maxim Integrated Products (MXIM) for more than $20 billion. The acquisition is expected to further boost Analog Devices’ presence in 5G networks and communication devices chips supplier.
Regeneron (REGN (REGN))
Regeneron is a biotech company. Its name became more known during the COVID-19 pandemic in providing treatments for the virus. The US Food and Drug Administrations has approved the company’s drug for emergency use on COVID-19 patients. Former President Trump even received his drugs from Regeneron to fight the coronavirus infecting his body somewhere around last year. Additionally, Regeneron is actively participating in developing drugs to treat various cancers and inflammatory diseases.
Pulte (PHM (PHM))
As a home construction company, Pulte is on the rise along with the undying housing market. Based in Atlanta, Pulte’s service covers hot real estate markets from Arizona, California, Florida and North Carolina. Despite the rising demand for bigger houses in the suburbs, low-interest rates are giving people accessible and affordable mortgages for borrowers.
Read also: Amsterdam to Become Europe’s Largest Stock Transaction Center
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