There are times when the stock market seems like a crazy roller coaster. There are other times when it’s as steady as a rock. The market is unpredictable and volatile, often fluctuating wildly from day to day. That makes it hard for investors to know what stocks to buy right now and which stocks will pay off in the future. But that doesn’t mean you can’t invest in stocks or that you should avoid them altogether. Stocks offer some of the highest potential returns of any asset class. Even a tiny stock investment can grow substantially over time if you find sound investments with solid long-term outlooks. This article will tell you about the best stocks to buy now and what stock to buy now so that you, too, can take advantage of these favorable investing conditions.
How To Find The Best Stocks To Buy?
First, identify your investing goals. What are you investing for, and how much time do you have to let your money grow? Next, decide how much risk you’re willing to take. Are you more comfortable with slow but steady growth, or do you want to put all your money into high-risk stocks with massive potential for growth? Now you can start looking for great stocks to buy. You’re in luck if you have a long-term investment horizon of at least a year. That’s because stocks are at a historically reasonable level right now. According to Thomson Reuters data, the current S&P 500 price-to-earnings ratio is 16.8. That’s lower than it has been at any other time since the financial crisis a decade ago. So if you want to know what stocks to buy now, these are the best ones.
Intel (NASDAQ: INTC)
Intel is one of the best stocks to buy now, thanks to its impressive growth rate and dominance in the global semiconductor market. The company is growing its earnings by about 10% yearly, and analysts expect that trend to continue for at least the next three years. Not only that, but the chipmaker is also enjoying success in emerging markets like China, where consumers make more purchases online. Intel stock isn’t cheap, but the company’s strong financial position and international growth potential made it one of the best stocks to buy now.
Squarespace Inc. (NYSE: SQSP)
Squarespace is a website-building platform taking on some big names in the industry, including WordPress and Squarespace. The company has amassed a massive following by making website building easy and accessible to everyone. Squarespace is expected to increase its revenue by roughly 60% over the next 12 months, and analysts expect that strong growth to continue. Squarespace stock is cheap right now, even after a recent price jump. Its P/E ratio is only 18.3, paying a 2.3% dividend yield. Squarespace offers a unique service and has proven to be a growing company. It’s one of the best stocks to buy now.
Oceaneering International (NYSE: OII)
Oceaneering is a global contractor for the offshore energy industry. It has contracts with some of the world’s largest oil and gas companies, including Total and Chevron. The offshore contractor’s business is risky, but the stock has fallen due to concerns about future revenue. Analysts, however, expect that Oceaneering will have a solid fourth quarter and will continue to bring in more lucrative contracts over the next 12 months. Oceaneering currently has a P/E ratio of 15.8, below the industry average of 19.9. That makes Oceaneering an excellent stock to buy now while its price has fallen. There is always some risk with offshore contracting, but Oceaneering has a long history of success and is currently trading at a low price.
Hyatt Hotels (NYSE: H)
Hyatt is the world’s largest hotel chain, but it has also made a name for itself as a real estate investment trust (REIT). Hyatt makes most of its money from leasing land and owning hotels, but thanks to its REIT status, it has to pay 95% of its earnings out to shareholders every quarter. Hyatt is one of the best stocks to buy now because it produces a rising dividend, has been increasing its share buybacks and has seen its stock fall as investors have shifted focus away from REITs. Hyatt has a low P/E ratio of 14.7 and is trading at a 12% discount to its 52-week high.
Investing in stocks is one of the best ways to grow your money, but knowing which stocks to buy can take time and effort. If you want to know what stocks to buy now, these are the best ones. You’re lucky if you have a long-term investment horizon of at least a year. That’s because stocks are at a historically reasonable level right now. According to Thomson Reuters data, the current S&P 500 price-to-earnings ratio is 16.8. That’s lower than it has been at any other time since the financial crisis a decade ago. If you want to know what stocks to buy now, these are the best ones.
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