In today’s stock market, there are so many options and choices to make when it comes to picking stocks. It can be overwhelming for even the most seasoned investor. So, how do you know which stocks are worth investing in and which ones will help your portfolio grow? I’ve got six stocks that I’m keeping my eye on right now that have the potential to help my investment portfolio grow. From tech companies to retail giants, these six stocks have the potential to give any portfolio a boost.
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Alibaba
Alibaba (NYSE: BABA) is one of the world’s largest e-commerce companies. It operates in China and other countries, including India, Indonesia, and Russia. Alibaba’s revenue comes from online and mobile commerce, cloud computing, and other services.
Alibaba is a good investment because it is growing rapidly. In 2018, its revenue was $39.9 billion, an increase of 61% from 2017. Alibaba’s gross merchandise volume (GMV) was $768 billion in 2018, an increase of 42% from 2017. The company is investing heavily in growth opportunities, such as cloud computing and artificial intelligence.
Alibaba is also a good investment because it has a strong competitive position in China. The company has a market share of 58% in China’s e-commerce market. It is also the leader in mobile commerce with a market share of 54%. Alibaba is ahead of its competitors in terms of technology and customer experience.
Risks to consider before investing in Alibaba include the company’s dependence on China’s economy, regulatory risks, and competition from other e-commerce companies such as Amazon (AMZN).
Baidu
Baidu is one of the leading search engines in China with a market share of over 70%. The company has been growing its revenues at a rapid pace and is now one of the most valuable tech companies in the world.
I believe that Baidu is a strong long-term investment because of its dominant position in the Chinese search market, its diversified business model, and its strong growth prospects.
Baidu’s main source of revenue is advertising, which accounted for 89% of its total revenues in 2017. The company has a very efficient way of monetizing its traffic through ads, and this has helped it to grow its top line at a rapid pace.
The company also has a number of other businesses that are growing rapidly, such as its cloud business and its new artificial intelligence unit. These businesses provide Baidu with additional growth opportunities and help to diversify its revenue streams.
I believe that Baidu is well-positioned for continued growth in the coming years and I view it as a strong long-term investment.
JD.com
JD.com, Inc. is a Chinese e-commerce company headquartered in Beijing. The company was founded by Richard Liu in 2004 as an online platform for selling electronics and has since expanded to include a wide variety of product categories. JD.com operates in a similar fashion to other e-commerce companies like Amazon, with a focus on providing a convenient and reliable shopping experience for customers.
The company has seen significant growth in recent years, thanks in part to the booming Chinese economy. In 2017, JD.com reported revenue of $43.9 billion, up 56% from the previous year. The company is also expanding internationally, with plans to launch operations in Southeast Asia and Europe in the near future.
Investors are bullish on JD.com due to its strong growth prospects. The stock is up over 50% from its 52-week low and analysts believe there is still upside potential as the company continues to expand its reach both domestically and internationally.
Tencent
Tencent is a technology conglomerate based in China with a diverse set of businesses, including social media, gaming, e-commerce, and more. The company’s WeChat platform is one of the most popular messaging apps in China with over 1 billion monthly active users.
Tencent has seen strong growth in recent years, driven by the success of its businesses in China. The company’s stock has nearly doubled in value over the past two years.
I believe Tencent is a long-term growth story and a great addition to any investment portfolio. The company’s diverse businesses give it a strong foothold in China’s growing economy, and I expect Tencent to continue to perform well in the years ahead.
Melco Resorts & Entertainment
Melco Resorts & Entertainment (MLCO) is a stock that I am watching to make my investment portfolio grow. This company operates integrated resorts in Asia, including the Philippines, Macau, and Singapore. Melco Resorts & Entertainment has a market capitalization of $10.67 billion and its shares trade on the Nasdaq Global Select Market under the ticker symbol MLCO.
I believe that Melco Resorts & Entertainment is a good long-term investment because it has strong growth prospects. The company’s resorts are well-positioned to benefit from the growing middle class in Asia and the region’s increasing tourism demand. Melco Resorts & Entertainment also has a strong balance sheet with plenty of cash on hand to fund future growth initiatives.
I would recommend buying Melco Resorts & Entertainment shares at current levels and holding for the long term.
Wynn Resorts
Wynn Resorts is a world-renowned luxury resort and casino operator with properties in Las Vegas, Macau, and Boston. Wynn Resorts is known for its upscale amenities, high-end service, and top-notch hospitality.
I’m watching Wynn Resorts because I believe it is well-positioned to benefit from the continued recovery of the global economy. The company’s properties in Las Vegas and Macau are among the most iconic in their respective markets, and I believe that as global tourism picks up, Wynn Resorts will see strong growth in visitation and revenue.
What’s more, Wynn Resorts is currently expanding its footprint with the development of a new property in Boston. When complete, this will give the company a presence in three of the world’s most vibrant tourism markets. I believe this expansion will be a major growth driver for Wynn Resorts over the long term.
How to know when to buy and sell stocks
There are a few things to look for when trying to determine when to buy or sell stocks. The most important factor is the stock price itself. If the stock is trading at or near its all-time high, it might be time to sell. On the other hand, if the stock price is at or near its 52-week low, it might be a good time to buy.
Another factor to consider is the overall market trend. If the market is in a downturn, it might be a good idea to sell stocks that are not performing well and buy stocks that are. Conversely, if the market is in an uptrend, it might be a good idea to do the opposite.
It’s also important to keep an eye on economic indicators such as GDP growth, inflation, and employment numbers. If these indicators are strong, it’s generally a good time to be invested in stocks. If they are weak, it might be a good idea to move some money into cash or bonds.
Finally, it’s always important to have a stop loss in place when buying stocks. This will help limit your losses if the stock price falls sharply.
Conclusion
These six stocks have the potential to make my investment portfolio grow. I’m watching them closely and waiting for the right time to invest. I believe that investing in these companies will help me reach my financial goals and secure my future. Thanks for reading!
