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Home Best Stocks to Buy Now

Best Stocks To Buy Now: March 17, 2023

These companies offer strong growth potential and sound financials, making them ideal investment options in today's market.

Elaine Mendonça by Elaine Mendonça
March 17, 2023
in Best Stocks to Buy Now
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Investing in stocks can be tricky, with the market constantly changing and shifting. However, certain stocks are considered healthy due to their financial health, strong growth potential, and market positioning.

Today, we will discuss four stocks investors should consider adding to their portfolios. These stocks are Rolls-Royce Holdings, Baidu, Coinbase, and FedEx.

Rolls-Royce Holdings (OTCMKTS: RLLCF)

Rolls-Royce Holdings (OTCMKTS: RLLCF)Rolls-Royce is a global aerospace and defense company specializing in producing commercial and military aircraft engines.

The company has operated since 1906 and has a strong reputation for quality and reliability. Despite some recent challenges, such as grounding its Trent 1000 engine, Rolls-Royce is poised for growth in the coming years.

The company has a substantial backlog of orders, and its focus on sustainable aviation is expected to drive growth in the long run.

Baidu (NASDAQ: BIDU)

Baidu (NASDAQ: BIDU)Baidu is a Chinese multinational technology company specializing in Internet-related services and products. The company is often called the “Google of China” and has a dominant market share in the Chinese search engine market.

Baidu has been expanding into new areas, such as autonomous driving and cloud computing, and is expected to grow in the coming years.

With China’s growing middle class and increasing internet usage, Baidu is well-positioned to benefit from these trends.

Coinbase (NASDAQ: COIN)

Coinbase (NASDAQ: COIN)Coinbase is a cryptocurrency exchange that allows users to buy and sell digital assets such as Bitcoin, Ethereum, and Litecoin.

The company has proliferated recently, with revenues increasing from $534 million in 2019 to $1.14 billion in 2020.

Coinbase is well-positioned to benefit from the increasing adoption of cryptocurrencies, and the company’s recent IPO has provided it with additional capital to expand its operations.

FedEx (NYSE: FDX)

FedEx (NYSE: FDX)FedEx is a global shipping and logistics company that provides various services, including package delivery, freight transportation, and e-commerce solutions.

The company’s strong market position and global network allow it to provide reliable and efficient services to customers worldwide.

With the growth of e-commerce and the increasing demand for shipping and logistics services, FedEx is expected to continue growing in the coming years.

Conclusion

Investing in the stock market can be challenging and risky, but the four companies discussed above offer strong growth potential and sound financials, making them attractive investment options.

Rolls-Royce Holdings, Baidu, Coinbase, and FedEx are well-positioned to benefit from long-term trends in their respective industries and offer investors the potential for solid returns.

As always, investors should research and carefully consider the risks before making investment decisions.

 

Tags: BaiducoinbaseFedExNASDAQ: BIDuNASDAQ: COINNYSE: FDXOTCMKTS: RLLCFRolls-Royce Holdings
Elaine Mendonça

Elaine Mendonça

Over the last nine years, Elaine has managed investment portfolio using fundamental analysis and value investing, emphasizing long-term time horizons.

DISCLAIMER

Nothing on this website should be considered personalized financial advice. Any investments recommended here in should be made only after consulting with your personal investment advisor and only after performing your own research and due diligence, including reviewing the prospectus or financial statements of the issuer of any security.

The Best Stocks, its managers, its employees, affiliates and assigns (collectively “The Company”) do not make any guarantee or warranty about the advice provided on this website or what is otherwise advertised above.

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