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Home Best Stocks to Buy Now

Best Stocks To Buy Now: June 29, 2022

by Elaine Mendonça
June 29, 2022
in Best Stocks to Buy Now
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Best stocks to buy now according to this Fund manager

Source: Getty Images

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Consider your future and how you might invest in the greatest stocks to purchase today for long-term success. Well, that’s a great idea! You can provide a secure lot for yourself and your family with a suitable investment. There are various kinds of investments available in the market today. Amazon stock forecast today is $3,680, Tesla stock forecast today is $976.82, and PayPal stock forecast today is $124.27.

Although not all of them are helpful for your long-term financial well-being, unless you have prior expertise in this field, it is advisable to consult a financial advisor before picking any stock. They will help you understand the risks and potential rewards of different types of investments before making any decisions. But if you’ve already prepared yourself to invest in stocks, here are the best stocks to buy now, thinking about your future:

Contents hide
1 Skillz Inc (NYSE: SKLZ)
2 Upstart Holdings Inc (NASDAQ: UPST)
3 Netflix (NASDAQ: NFLX)
4 Fortinet (NASDAQ: FTNT)
5 Summary

Skillz Inc (NYSE: SKLZ)

Skillz Inc. stock
Source: Getty Images

Skillz Inc (NYSE: SKLZ) is a company that provides eSports tournament operators and competitive gaming services. eSports tournaments are growing in competitive sports like basketball, baseball, and football. They are also a growing economic sector. Competitive gaming tournaments are watched by millions of people online. As a result, they generate a lot of money for their organizers each year. Skillz Inc (NYSE: SKLZ) owns and runs a platform through which eSports organizers can manage their tournaments. In other words, they provide technology tools to these organizers to host their events more efficiently. The eSports market is expected to expand rapidly in the coming years. Market research firms expect it to reach $900 million by 2022. Skillz Inc (NYSE: SKLZ) has a presence in the U.S., Canada, and Europe. It provides services to eSports organizers like the NBA 2K League, the PUBG Corporation, Blizzard Entertainment, and others. It has been performing well in the recent past. Its revenues and profits have been increasing steadily in the last few years. Skillz Inc (NYSE: SKLZ) is an excellent eSports investing choice.

Upstart Holdings Inc (NASDAQ: UPST)

Upstart Holdings, Inc. Stock
Source: Getty Images

Upstart Holdings Inc (NASDAQ: UPST) is a company that provides an online lending platform. It connects individual lenders to individual borrowers. The company’s platform allows borrowers to collect funds from their peers. These are unsecured personal loans. Borrowers may spend the money on anything they like. They may put money to work for their company, pay off some debt, or utilize it for other purposes. Upstart Holdings Inc (NASDAQ: UPST) works with lenders from various backgrounds. It helps them participate in the lending process too. The lenders can choose a borrower of their choice. They can choose the terms of the loan. This platform also provides data analytics to lenders. It aids consumers in making more informed selections about the loans. Upstart Holdings Inc (NASDAQ: UPST) also has a program for borrowers. It helps them manage their loan repayments better. It helps them connect with their lenders better. Overall, this is a handy tool for both borrowers and lenders. That is an excellent option if you are looking for an easy way to make money. It has been performing well lately. That is a good sign that it is here to stay. Thus, it is a good investment option for your future.

Netflix (NASDAQ: NFLX)

Netflix Free Cash Flow Is Possible
Fonte: Getty Images

Netflix (NASDAQ: NFLX) is a company that provides media streaming services. It allows users to stream online movies, TV shows, and other media content. In terms of video-on-demand services, it is the most popular around the globe. Over 190 nations are represented in Netflix’s subscriber base. There are more than 190 nations where its services may be accessed. It has a wide variety of media content for people of different age groups. Thus, it can appeal to a wide range of people. With media streaming platforms taking over traditional TV channels, Netflix (NASDAQ: NFLX) can expect a significant increase in its customer base in the coming years. That is because more and more people are ditching their cable TV subscriptions in favor of streaming services. That is a good sign for Netflix’s future. Therefore, it is a good investment option for your future.

Fortinet (NASDAQ: FTNT)

Fortinet Stock
Source: Getty Images

Fortinet (NASDAQ: FTNT) is a company that provides cybersecurity solutions. It offers cybersecurity solutions for enterprises, governments, and service providers. That might have a wide variety of applications. They can be used in healthcare, manufacturing, retail, and many other sectors. Fortinet (NASDAQ: FTNT) has been operating in this field for over two decades. It has a wide range of products and solutions for cybersecurity. Organizations of all sizes use these. Fortinet (NASDAQ: FTNT) has been growing steadily in the recent past. Its revenue and profit figures have been increasing in the last few years. This company has the proper credentials to be a good investment option for your future.

Summary

These are some of the greatest stocks to invest in right now to secure your financial future. You can choose one of them for your investment. Or you can select some other stocks that you believe are promising. The important thing is to start investing in stocks now. You and your family will have a more secure future due to this.

Stocks can be a great way to build your wealth over time. However, that process is slow and steady, not fast and explosive. There are many risks with investing in stocks directly; they can go down and up. These companies are known as “hidden gems” because they offer the benefits of owning multiple stocks but without the risk associated with individual companies. An ETF that provides exposure to specific industries or regions of the world with growth potential would be a great choice.

Tags: Best Stocks to Buy NowFortinetNASDAQ: FTNTNASDAQ: NFLXNASDAQ: UPSTNetflixNYSE: SKLZSkillz IncUpstart Holdings Inc
Elaine Mendonça

Elaine Mendonça

My focus is on uncovering early-stage ideas with the potential to have a lasting impact. My educational background includes a bachelor's degree in finance, an MBA, and two tests completed - the CFA and CMT. Over the last nine years, I have managed my investment portfolio using fundamental analysis and value investing, emphasizing long-term time horizons.

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