If investors know something about 2020, they can expect unexpected things. This year, we have witnessed a sharp decline in the bear market from recent historical highs, and the fastest rebound from bear market lows to new historical highs. The idea of keeping the market timing consistent has been completely lost.
However, volatility and uncertainty need not be seen as an adverse impact on the investment community. As long as you have a long-term mentality, historically, the stock market’s plunge and unexpected volatility have always represented investors’ opportunities for investment.
Most importantly, you don’t need to get rich from your fortune. If you have $1
Next generation energy
If your broker offers part of the stock investment, this is controversial, but after a 4 to 1 split this week, power utility stocks Next generation energy (New York Stock Exchange: NEE) The time for picking is ripe.
Although power companies are generally a slow-growing operating model, NextEra is an exception to this rule. This is because the company has made active investments in green energy projects and has become a leading generator of solar and wind power in the United States. If a renewable energy program is introduced for utilities, this will not only put NextEra ahead of the legislative curve on Capitol Hill, but it will also reduce the company’s power generation costs. Despite the high upfront costs, these green energy projects are the reason for NextEra Energy’s high single-digit growth rate.
The company’s traditional utility sectors (those that are not powered by renewable energy) will also benefit from regulation. This is just a peculiar statement that NextEra cannot raise prices without the permission of the National Public Utilities Commission. This may sound harmful, but it makes cash flow exceptionally transparent and predictable, while also helping the company avoid potential wholesale electricity price fluctuations.
Long-term acquisition of companies that are in a leading position in innovation in the field of cybersecurity is another good way to make long-term money.This is why your $100 may be spent on Ping identity (New York Stock Exchange: PING).
As more and more companies have no choice but to move their business online and/or operate remotely during the 2019 Coronavirus Disease (COVID-19) pandemic, companies such as Ping Identity are booming. Ping focuses on identity verification solutions, and its network security platform relies on artificial intelligence to become smarter over time. In other words, the more events Ping’s security platform monitors, the smarter it will be to request secondary verification before identifying potential threats and allowing access to corporate data.
During the pandemic, Ping Identity was hit harder than most software-as-a-service companies, but it also provided fascinating value in other expensive industries. The company is already profitable, able to achieve double-digit sales growth in 2021 and beyond, and its market value is less than 9 times Wall Street’s expected sales next year. It’s worth it!
Green Thumb Industry
For a few US marijuana stocks, the outcome of next week’s election is not important.A large number of state-level legalization and the federal government’s non-intervention approach to cannabis regulations mean Green Thumb Industry (OTC: GTBIF) Can show investors green.
Among the major multi-state operators, Green Thumb’s pharmacy ranks third (up to four). However, it has 96 retail licenses in more than a dozen states, which shows that Green Thumb can achieve substantial organic and inorganic growth in the next few years.
In particular, Green Thumb has entered the Nevada market, where the tourism industry is heavy, and by 2024, this market may lead the United States in per capita cannabis consumption. It also has an increasing number of operations in Illinois (Illinois), a state with limited permits that opened its doors for adult weed sales on January 1, 2020.
Perhaps most importantly, nearly two-thirds of Green Thumb’s revenue comes from derivatives (such as vape, beverages, topical agents, concentrates and edible foods). Compared with dried flowers, derivative products generate much more profits, which will allow Green Thumb to get a greater profit for every income.
Selling stocks is the best time to consider investing $100 in gold stocks.Although gold is often seen as a safe-haven investment in uncertain times, current monetary policy and company-specific catalysts make SSR mining (NASDAQ: SSRM) It is interesting.
From a macro perspective, the Fed has made it clear that it has no intention of increasing the target interest rate of its federal funds for many years. This means that interest rates and bond yields will remain at or near record lows for some time. The low yield, coupled with the ever-increasing money supply, is the result of unlimited quantitative easing measures taken by the Federal Reserve to support the financial market, and should pave the way for rising gold prices.
At the company level, SSR Mining recently completed a merger of equals with Turkey’s Alacer Gold. The combined company should have the potential to easily break through 700,000 ounces of gold each year, while its total maintenance cost is approximately $900 per ounce. Calculated in this way, the cash operating margin is approximately $1,000 per ounce of gold.
In addition, SSR Mining is one of the few gold stocks with a net cash balance. Considering that the newly merged company expects to have an annual free cash flow of $450 million by 2022, it is very likely to announce a dividend or stock buyback soon.
Bank of America
Bank stocks may be boring, but they do one thing, true Good: make money.In large banks, no one can profit from their assets better than assets Bank of America (New York Stock Exchange: USB).
What’s interesting about this huge regional bank is that its conservative approach avoided the severe recession experienced by large currency center banks. US Bancorp avoided high-risk derivatives investments and focused only on increasing deposits and loans. As a result, it can get rid of the economic downturn faster than its peers, and in the long run, it can provide an excellent return on assets.
It is also worth noting that over the past two years, the online and mobile banking services of Bancorp in the United States have seen substantial growth. Between the third quarter of 2018 and the third quarter of 2020, the total number of loan sales derived from digital transactions almost doubled, from 28% to 54%. In terms of total transactions, 76% of transactions took place in the quarter at the end of September. This online/mobile push will enable US Bancorp to consolidate its physical branches in the coming quarters and minimize non-interest expenses.
In short, top banks should not trade at prices close to book value.