It’s time to diversify that portfolio of yours.
If your fiscal year is coming to an end, you may want to diversify your stocks. Or maybe you just want some new stocks to keep you interested.
It ain’t always easy to know what the up-and-coming stocks are, we know that. There’s no shame in admitting defeat and asking for help, that’s why we’re here.
In this article, we’ll look at 5 companies to invest in. The best new stocks are within reach, you just have to read on.
1. Alibaba (BABA)
The only reason that the alibaba stock price is down right now is because of uncertainty with China’s economy. Shares have gone down 30% since June, but revenue has been steadily rising. That spells a good buying opportunity.
Alibaba is kind of like Amazon for China. They run the most popular marketplace in the country, specializing in e-commerce, internet, and tech.
2. Kinder Morgan (KMI)
Kinder Morgan transports raw crude oil from the extraction sites to the refining facilities. As a middling player in energy, it’s enjoyed a resurgence in a market that’s seeing a big turnaround in the last few years.
Shares are trading around $18 per, but there’s no reason to think that they won’t, in time, go back up to around $45 per share, which KMI peaked at in 2015.
3. Aphria (APHA)
Canadian weed company Aphria is definitely one of the up-and-coming stocks to buy.
Canada, if you didn’t know, legalized weed at the end of 2018. Because of this, Canadian cannabis producers have led the way on the stock market as well. Aphria has been able to beat out larger competitors in profitability and thus is our pick for the stock to get.
Buy now, when more buyers start coming in, these stocks won’t be cheap.
4. Ancestry.com (ACOM)
People love knowing about their family histories. Ancestry provides its 1 million subscribing customers with a huge database of legal, news, and government records. It’s interesting stuff, but the one problem that they’ll continue to have is being able to keep their monthly subscribers.
To combat this, they’re continually coming up with new features to keep customers coming back like military and slavery records. This makes it hard to predict the future of its stocks, but the projected increase in the popularity of family trees still makes this an intriguing buy.
5. Jones Lang Lasalle (JLL)
Jones Lang Lasalle is a global property management enterprise. Third quarter prices dipped from $172 to $127 due to concerns over the weakening of the commercial real estate market.
But, they rose again at the end of the year, signaling a rebound to buyers that want to take advantage of the temporary dip.
If You Need New Stocks…
If you need new stocks, try a few of these out. You don’t want to miss out on huge gains when one of them blows up. These companies all show great promise moving forward and they won’t be cheap if you don’t act now.
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