The stock market can be a scary place at times. Unexpected events like natural disasters, political upheaval, or corporate scandals can lead to significant dips in the market and the loss of billions of dollars for investors. However, these situations also present opportunities for savvy investors. When markets are volatile and other investors are afraid, strategic investors should start looking for good stocks to buy. This article will look at some of the best stocks to buy now based on various factors such as valuation, potential upside, and risk.
META (NASDAQ: META)
Meta is one of the best stocks to buy now for several reasons. First, the company has made significant progress towards its 2020 goals, such as generating revenue from the ‘attention economy’ and developing new technologies such as the Oculus virtual reality headset. That means that Meta’s revenue growth is likely to continue, and its revenue-generating potential is perhaps at an all-time high. Additionally, Facebook has a relatively low forward earnings multiple of 26, making it a relatively inexpensive buy compared to its peers in the Technology sector. Meta could be a great addition to a well-balanced portfolio and is an excellent stock to buy now.
Alphabet Inc Class A (NASDAQ: GOOGL)
Alphabet Inc Class A (NASDAQ: GOOGL) is another of the best stocks to buy now for several reasons. The company has made significant progress toward its 2020 goals and has recently announced plans to pivot toward developing health-related services. That could potentially mean substantial revenue growth for Alphabet, making it a great buy now. This trend is expected to continue, and analysts project that earnings per share will reach $36.32 in 2020. Additionally, Alphabet has a relatively low forward earnings multiple of 19, making it a relatively inexpensive buy compared to other stocks in the Technology sector. Alphabet could be a great addition to a well-balanced portfolio and is an excellent stock to buy…
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