With the U.S. stock market worth more than $30 trillion, you may be thinking about how to get a piece of the action for yourself.
If you’re already invested in the stock market, you may be looking for new investment options. Although cryptocurrency is a popular option, you might want to stick with more traditional investments.
Fortunately, there are worthwhile companies to invest in across several categories. Here are some of the best and newest companies to consider buying stock in.
Tech Companies to Invest In
Roku Inc (ROKU) is one of several technology stocks on the rise. It is positioned to bring in rewards to investors. Roku is a streaming platform that connects your television to numerous popular streaming services. Roku is moving beyond offering streaming channels, though. It’s developing its streaming content, which positions it to compete with Netflix and Hulu.
Ancestry.com (ACOM) is a smaller tech company. It’s been around for years, though. It allows members to construct family trees. More recently, site members can get their DNA tested through AncestryDNA.
Amazon.com (AMZN) is always a popular stock choice. The online retailer continues to expand its offerings with options like AmazonFresh, which offers grocery delivery.
If you enjoy social media, you may want to consider Facebook (FB). It’s a big player in digital advertising. Despite its troubles regarding privacy and security, it doesn’t seem to be slowing down.
Alibaba Group Holding Limited (BABA) offers e-commerce solutions, and it grew more than 50 percent in 2017. That fact alone makes it worth considering.
Financial Services Companies
Customers Bancorp (CUBI) may not be a name you’re familiar with, but it’s worth considering as one of the most promising up and coming stocks. It’s valued at about $900 million and is planning to develop banking solutions for college students.
Travelers Companies (TRV) is a property and casualty insurance company that’s managed to remain profitable in the face of recent natural disasters. Bank of America (BAC) is also projected to grow.
As Baby Boomers age, healthcare companies continue to be good stocks to invest in. Pfizer (PFE) is one of the world’s largest drug manufacturers, and experts anticipate that the company will continue to grow. Vertex Pharmaceuticals (VRTX) also provides innovative medications. It made more than $2 billion in 2017.
Another one of the fastest growing companies is Tabula Rasa Healthcare (TRHC). They provide technology solutions for healthcare providers. In particular, they provide tools for medication management.
Other Companies to Consider
Counting UPS among rising stocks might be surprising. E-commerce shipping keeps the company busy, though. The retail sector has taken several hits over the past year. Despite this, American Eagle Outfitters (AEO) continues to be a solid performer.
If you’re looking for the right companies to invest in, you should consider working with experienced high leverage brokers. That way, you’ll be certain that your money is invested in profitable and safe ventures.
If you want to keep up with other businesses in your area, you can review our website. Whether you want to install a dog door or find transportation, we can help connect you with the resources you need.