Investors who have just entered the investing arena are often unaware of the plethora of stocks that they may invest in to reap benefits. This is primarily because they are not very active in the stock market. In such cases, buying long-term stocks is ideal.
However, considering the number of companies in this industry, it becomes difficult to distinguish the ones that would fit a newcomer’s (read a new investor’s) profile. To make it convenient for you, we have compiled a list of the 10 hot stocks to buy that would focus on profits.
- UnitedHealth Group
With an A+ grade and an excellent position (98th percentile) in the healthcare sector, UnitedHealth Group has become one of the top 5 players in the stock market.
- Exxon Mobil
Even in the past, Exxon Mobil stocks have surprised the stock market with substantial dividends. Although there is a risk involved when investing in Exxon, it is considered one of the best stocks to invest in 2018.
- Berkshire Hathaway
Owned by multi-billionaire Warren Buffett, Berkshire Hathaway has literally picked up small companies or ideas being sold at cheap and made successful enterprises out of them.
Over the years, Microsoft has seen an admirable transformation from being the dominant PC operating system provider to a growing pioneer of cloud-based solutions. Its profitability and top rating on the stock market is a testament to this claim.
Despite the downfall due to the data scandal, Facebook continues to be the leader in the social network arena, raking in prodigious money through digital advertising. If you are looking towards investing in stocks, this will be an ideal bet.
- General Electric Company
Investing in General Electric Company is a wise option as it possesses sustainability, especially for long-term earnings.
FedEx has undergone some tremendous changes with respect to technology and economical cost-cutting that has made it an integral part of the current e-commerce (for shipping) environment. You may expect high profitability by investing in its stocks.
- United Parcel Service
Despite the cut-throat competition with FedEx to gain as many profits from the e-commerce business (dominated by Amazon), there is scope for UPS to survive the race. Their stocks yield 3.4% on investment.
- Viper Energy Partners
Viper’s recent activities regarding its acquisitions or exploring options for productions with respect to the Permian period has put it on a sweet spot in the list of stock market players.
- American Express (Amex)
Amex, a company dealing in credit card payments, has billionaire Warren Buffett as an investor. The dividends are modest, and the company ensures that the capital of shareholders is returned while trading at a reasonable quotation.
Apart from the above mentioned 10 hot stocks of 2018, you can also check the best stocks in 2016 and 2017. This will help you gauge the potential of the stocks and the real-time stock market predictions. If you are interested in dividend stocks, then you must research the top 20 stocks and then make a decision. Doing so will help you invest in the top profitable stocks.