We are already in the third quarter of this financial year and the quarter is about to end. In such a case, you might want to re-evaluate your portfolio and check the health of the portfolio. There might be some stocks which you might want to sell and there might also be some stocks which you might want to buy. Going by the investor sentiments, this could also be the right time to make the shuffle as most of the investment bankers look optimistic about the growth prospects of the market. It can be a close battle between the bulls and the bears but presently, in the stock market, it looks like the bulls are more powerful than the bears.
The deposits do not offer a good interest rate and hence a lot of people turn to stocks for good returns as investing in stocks can offer higher returns. If you are looking for recommendations about the stocks that you must invest in then you are at the right place as we have listed some of the stocks that you might want to invest in.
The only pre-requisite here is that you must know how to buy stock online or how to invest in stocks. If you know how to invest then this article is for you as here is the list of some of the best stocks to invest in 2018 and this can be the answer to your question, How to Make Money in the Stock Market?
Here is the list of some of the best stocks to invest in 2018
Amazon.com can be an attractive option if you have faith in this e-commerce giant. The stock is presently trading at $1986 and as per the experts, there are chances that the stock might reach $2133 in a year’s time.
The stock is presently at the peak and hence there are also the chances of stock going down. 52 weeks low for this stock had been $931. Amazon could also be the next Trillion Dollar Company and a lot of investors are betting their money on the same.
Arena Pharmaceuticals (ARNA)
Pharmaceutical stocks are mostly an attractive investment and this stock has grown almost 80% in the last one year. The stock was at $24 and presently, the stock is trading at $40.54. In the month of June, the stock was trading at around $50 and it can again reach this ceiling level. The Beta of the stock is 2.21 and as per the estimates, the stock can reach $61.67 in a year. Arena Pharma also has a lot of liquidity in the market and hence you would not have trouble acquiring or selling the stock.
Bank of America Corp (BAC)
Bank of America is presently trading at around $30 and the 52-week range for the stock had been 24.15 to 33.05. This stock has strong fundamentals and the targeted estimation for a year is around 34.57. In addition to this, Earning per Share of the stock is on the rise as well.
The stock is of a financial institute which is expected to grow at a rate of around 30% in the next few years. This makes it a good option to invest. The beta of the stock is 1.67 and hence it is quite an aggressive stock in terms of Beta.
CBS Corporation (CBS)
If you are interested in buying the stock of a Media House then you can also look at CBS. This is not a very aggressive stock as the Beta of the stock is 0.96 and the fall might not impact much. Presently, this stock is being traded at $56.62 and the 52-week range is $47.54 to $61.59.
Since the beta is not very high, the stock has a mild target of $64.58 for the upcoming months. The revenue of the company is also at a rise and as per the analysis, this could prove to be a lucky stock for you if there is a slight increase in the revenue.
Big Data is in trend and it is being used by several other companies. If you are interested in investing in a Big Data firm then this could be your option. The stock is presently being traded at $ 18.38 and if you look at the year’s trend then this had been a volatile stock. You can look at the technical analysis and invest in the stock for the short terms as well.
The 52-week range of the stock is 12.57 to 22.42 and hence you might want to wait for a slight fall before you invest in the stock. It could prove to be a goldmine for long terms, however, for short terms, the prospect is a little bleak.
Johnson & Johnson (JNJ)
If you like to play safe and if you are looking for a stock with low beta then you can also opt for Johnson and Johnson. The stock has a beta of 0.53 and the stock is presently being traded at $139.69. Johnson and Johnson had a disappointing start of the year but this could change.
The stock is following an increasing trend since last 4 months and the 1-year target of the stock can be around $ 143.35. You can certainly invest in this stock as the fall would not be high even in case of a market correction.
Walt Disney Co. (DIS)
The last one on our list is the stock of The Walt Disney Company. The stock has a present selling price of $110.57 with a beta of 1.05. With a steady growth in the market, the stock may experience a growth of over 8% in the coming one year. The high volumes are available for the trade in form of open interest and hence it could be an attractive option for you. The stock saw its 52 weeks high in July when it touched $117.
These are some of the best stocks to invest in 2018 and do let us know what do you think about them. You can also share the list of stocks that you think can double up your money in next few months.
We conducted a fundamental as well as technical analysis of the stocks before listing them here. However, you must carry out your due diligence before investing in these stocks as we are just recommending these stocks. By no chance, we will be responsible for any loss that you might incur because of the stocks that you decide to invest in.