There are a lot of different factors that can impact your portfolio. The market can fluctuate wildly, especially if there’s breaking news about one of the companies you’ve invested in. General volatility and upticks in fear also have an impact on equity prices. Handling risk is something every investor has to deal with. Fortunately, there are some great stocks to buy now if you want to expand your portfolio while managing risk. Amazon stock forecast today is $3,680, Tesla stock forecast today is $976.82, and PayPal stock forecast today is $124.27.
These stocks reduce the volatility of your portfolio while also providing a solid return on investment over time. They aren’t risky as such but provide reliable returns no matter what happens to the stock market. By adding them to your portfolio, you can rest assured knowing that your money is being well-invested no matter what the broader state of the markets might be or how any individual stocks react to new information or events. We list below some of the best stocks to buy now according to some analysts.
Canadian National Railway (NYSE: CNI)
Canadian National Railway or CNI has a wide range of customers and is a primary shipper of commodities like grain and potash. CNI is also major coal, crude oil, and natural gas transporter. Given how much of the world’s resources are transported by rail, this is an excellent diversifier in your portfolio. A significant advantage is that rail transportation is typically less volatile than trucking or shipping via the sea. That is because fewer variables could lead to a disruption in service. In addition, CNI pays a generous 3.2% dividend and has increased this payout for over 65 consecutive years. That is a great way to cash in on your investment and limit risk.
Starbucks (NASDAQ: SBUX)
Starbucks is one of the largest brands in the world of coffee. This stock provides instant diversification to investors by bringing together a well-known company in one of the most popular consumer industries while also operating in different business segments. SBUX has a massive presence in the US, with over 27,000 retail locations. In addition to that, Starbucks is also a significant player in the grocery and foodservice industries, thanks to a partnership with Kraft-Heinz. That is great for investors looking for an established brand in a fast-growing market. People love coffee and drink it all the time, regardless of what’s happening to the broader economy.
Toyota Motor (NYSE: TM)
Toyota is a major global automaker, and sales have risen significantly, particularly in the United States. The company is also a primary hybrid and electric vehicle market player. The rise of autonomous and electric vehicles is expected to impact the car industry significantly. That is great news for Toyota, given the company’s significant investments in these technologies. That is an excellent way to diversify your portfolio while also getting in on one of the biggest industries in the world. Cars are necessary for almost everyone, so sales will likely always be substantial regardless of the economy.
Bandwidth Inc.(NASDAQ: BAND)
Internet use is commonplace, but many are unaware of just how much bandwidth is necessary to keep up with all of the traffic. Bandwidth, Inc. is one of the largest providers of internet services, and the company offers a full suite of products necessary to keep the internet running smoothly. Bandwidth’s network consists of more than 750,000 miles of fiber and over 36,000 on-net buildings, which is the largest in the world. The company’s services include internet, colocation, Ethernet, managed services, and data center services. Bandwidth is one of the only stocks on this list that was not trading in December 2018. It is over 464 percent year-to-date and has a P/E ratio of 19.4. While the company does have growing revenue and earnings, the stock’s valuation is
During times of economic uncertainty, the stock market may be very turbulent. By investing in companies that reduce risk while providing a solid return on investment, you can rest assured that your money is being well-invested no matter what the broader state of the markets might be or how any individual stocks react to new information or events.