The stock market continues to offer exciting investment opportunities for investors. As the bull market continues, more and more stocks are hitting new highs and creating multiple opportunities for savvy investors. If you’re interested in investing but aren’t sure where to start, you’ve come to the right place. This article will introduce you to some of the best stocks to buy now and why they’re compelling investments. These companies have performed well over the last year and have much potential in the future. These are not all blue-chip stocks that are only worth investing in if you have plenty of money to spare and can afford to wait five years or more for a decent return on your investment. Each of these stocks is relatively affordable, making them great entry points into the market for a small investor with limited funds.
Solaredge Technologies Inc (NASDAQ: SEDG)
Headquarters: San Jose, California. Industry: Clean Technology Solaredge Technologies is a solar power company focused on residential and commercial rooftop installations. The company has experienced tremendous growth since its founding in 2014. It is now one of the top solar installers in the U.S. Solaredge’s business model is similar to that of many other solar companies in that it owns the solar systems it installs, collects annual lease payments from the homeowners who purchased them, and sells excess electricity back to the grid. Solaredge has a few advantages that make it stand out from its peers. First, it uses a unique financing model that allows homeowners to pay off their solar systems over a few years. This financing model makes solar systems much more affordable for homeowners and could help Solaredge’s growth accelerate even further. Solaredge also has a solid balance sheet, which gives the company financial flexibility. With its rapid growth and low valuation, Solaredge is an excellent choice for investors looking to buy stocks in the solar industry.
Netflix (NASDAQ: NFLX)
Headquarters: Los Gatos, California. Industry: Media Netflix is a global media company operating a streaming service. The streaming service offers thousands of T.V. shows and movies to subscribers, allowing them to watch on various devices, from computer screens to smartphones. Since its founding in 1997, Netflix has grown into a household name and one of the most popular streaming services in the world. The company has almost 150 million subscribers, and its stock has performed phenomenally over the last few years. Netflix is not profitable because it spends heavily on content but has a clear growth strategy and a solid long-term outlook. Netflix’s massive subscriber base, ever-growing library of content, and global expansion strategy make it a substantial investment. The company will likely keep growing for many years and continue creating shareholder value.
Boston Beer Company Inc (NYSE: SAM)
Headquarters: Boston, Massachusetts. Industry: Beverages Boston Beer is one of the largest beer companies in the U.S., and Samuel Adams is one of the most popular beer brands in the country. The company’s main products are Samuel Adams beer and Angry Orchard hard cider. Although Boston Beer is primarily known for its beer brands, it also owns Coney Island Brewing Company and a cider company called Truly Spiked & Sparkling. Boston Beer’s flagship, Samuel Adams, is the largest craft beer brand in the U.S. and is sold in all 50 states. The company also has a strong presence in international markets and even has a small non-alcoholic beverage line called Truly.
Clean Energy Fuels Corp (NASDAQ: CLNE)
Headquarters: Denver, Colorado. Industry: Alternative energy Clean Energy Fuels is the largest retail provider of natural gas fuel in the U.S. The company operates primarily in the West, Midwest, and Southeast and services commercial and government fleets. CLNE also operates LNG fueling stations serving commercial trucking and natural gas utility industries. Clean Energy is the only company offering LNG to fleets and utilities, giving the company a solid competitive edge in these industries. Clean Energy Fuels is one of a few companies partnered with Tesla to provide charging stations for the Tesla Semi electric truck. Tesla and Clean Energy also have plans to install LNG stations for commercial trucks along the East Coast, which could be a huge source of growth for both companies.
Bottom line: Which of these stocks is the best to buy now?
The solar industry is growing, and Solaredge Technologies is at the forefront, with a unique and low-cost financing model bringing solar to more homeowners than ever. If you want to invest in the solar industry, Solaredge is the stock to buy now. If you’re interested in media stocks, Netflix is the best stock to buy now. Clean Energy Fuels is a significant investment for investors who are bullish on the trucking industry. The company services fleets and utilities with natural gas fueling stations and has partnered with Tesla to serve the upcoming electric truck industry. Clean Energy is the best stock to buy if you’re interested in utility stocks.
Read More: Best Stocks To Buy Now: October 20, 2022