The best stock does not exist. Every stock suffers from some kind of volatility and even if it doesn’t, it can become volatile over time. However, we do have some of our top picks for 2019. These stocks aren’t the cheapest out there but we can guarantee that you’ll want to hold them for a few years from now and even a decade!
Here are investorplace’s top picks for this year.
Best Stocks For 2019
An apple a day keeps the doctor away. The same analogy can be applied to Apple. This company is one of the best smartphone makers out there. Despite their slight downfall in 2018, we see Apple as one of the leading companies in the future. They still continue to generate a huge amount of free cash flow, rewarding their shareholders. Even though their iPhone sales aren’t at their peak, Apple continues to make tons of cash from its services.
AMZN is one of those stocks you can’t go wrong with. This company extended its tentacles into so many industries that it’s hard to list them down. For example, its cloud business generates almost $1 billion in annual operating income. The Amazon Prime service also represents a big source of income. With more than 100 million subscribers and a price of $99 per year, you can grasp the amount of cash this company earns.
ULTA Beauty (ULTA)
ULTA Beauty is an ever-expanding company, having a total of 974 across the USA. Over the next decade, analysts expect this number to grow to 1,700. The company’s goal is to provide experience in the beauty market that no one can. ULTA controls around 4% of the $127 billion U.S. beauty market at this moment.
Kraft Heinz (KHC)
At the beginning of 2019, Kraft Heinz was speculated to buy Unilever for around $143 billion. However, this didn’t happen. Kraft Heinz still wants to make another acquisition in 2019 and if this happens, this company could grow significantly. Since this company’s business is based around food and food is something we all need, the industry needs to fear this giant in the next couple of years.