Sign In  |  Register  |  About Los Altos  |  Contact Us

Los Altos, CA
September 01, 2020 1:26pm
7-Day Forecast | Traffic
  • Search Hotels in Los Altos

  • CHECK-IN:
  • CHECK-OUT:
  • ROOMS:

Best Stocks to Buy Now: June 07, 2022

New stock market highs, declining oil prices, and general optimism about the future of the U.S. economy have inspired many investors to dive back into the stock market. As a result, we’ve witnessed a massive rise in equity markets over the last two or three months. In fact, as of December 17, 2015, the S&P 500 Index increased by 21% from its low in October – an almost unbelievable increase given that many investors had grown pessimistic about stocks just a few months ago.  Amazon stock forecast today is  $3,680, Tesla stock forecast today is $976.82, and PayPal stock forecast today is $124.27.

 If you’re one of those investors who are ready to jump back into investing in stocks after being burned during the Great Recession, you might be wondering what some good stocks to buy right now are? After all, it’s one thing to say that you want to invest in stocks; it’s another thing entirely to find great stocks that are also affordable at this time. This article will provide you with some details about some of the best stocks to buy now on the market to make an informed decision when it comes time to re-invest your savings.

Zebra Technologies (NASDAQ: ZBRA)

Zebra Technologies Stock
Source: Getty Images

Zebra Technologies is a maker of hardware for industrial and retail businesses around the globe. The company’s products are primarily used to track inventory and sales, manage shipping and logistics, and print receipts. Zebra has a history of targeting customers in the retail, manufacturing, and transportation industries, where there is typically a significant demand for high-volume printers. These printers are designed to last for years, so they have a high return on investment. While its core business is printers, it has diversified in recent years and now offers several software products. Zebra went public in 2001 and has seen its stock appreciate significantly since then. The company’s share price has been up more than 200% over the last five years, and its gross margin has remained steady around a robust 46% for the past five years. Zebra’s robust business model and low P/E ratio of only 18.3 make it an attractive investment opportunity. 

Match Group Inc (NASDAQ: MTCH)

Match Group Inc Stock
Source: Getty Images

Match Group is a leading online dating company that operates several prominent dating websites, including OkCupid, Tinder, PlentyOfFish, and Meetic. Founded in Denver, Colorado, in 1995, Match Group has grown into a $2 billion company with a presence in over 30 languages and 80 countries. Match Group went public in early 2015 and has seen its share price increase more than 50%. The company’s business model is attractive because it generates recurring revenue from subscribers (rather than one-time purchases). Match Group’s P/E ratio is only 15.7, well below the industry average of 26.8. In addition, the company’s high operating profit margin of 39% indicates that it is a good value for investors. Match Group has a bright future as the online dating industry continues to grow. 

Affiliated Managers Group, Inc.(NYSE: AMG)

Affiliated Managers Group, Inc. Stock
Source: Getty Images

Affiliated Managers Group is a New York-based investment management company that provides investment management services to institutional clients. Founded in 1981, AMG has grown into a $36 billion company with more than 1,000 employees and over 13,000 client accounts. The company’s investment strategy is to provide a broad range of investment options, including equities, fixed income, real estate, and commodities. AMG has been a consistent performer in the investment management industry and has a reputation for managing risk well. The company’s focus on serving institutional clients gives it a long-term outlook and a steady source of revenue. Affiliated Managers Group went public in 2013 and had a P/E ratio of 22.6, which is well below the industry average of 29.7. AMG’s steady growth and substantial operating profit margin of 25% make it a good bet for investors.

Cummins (NYSE: CMI)

Cummins Stock News
Source: Getty Images

Cummins is an Ohio-based industrial manufacturer that has been in business for 75 years. The company provides diesel and natural gas engines and control systems for industries as diverse as mining, construction equipment, railroads, and marine. Cummins is a leading producer of diesel engines for heavy machinery and equipment. The company has a reputation for innovation and quality, which has enabled it to stay on top of the industry since it began. Cummins’ engines are used in applications ranging from underground mining to construct skyscrapers. Cummins went public in 1996 and has seen its stock price increase by nearly 200% since then. The company has a substantial operating profit margin of 24% and generates a high cash flow per share, making it a good investment. 

Conclusion

If you’re looking to make a wise investment, now is the time to do it. The stock market has been hitting record highs over the last few months, and investors, who had been growing increasingly pessimistic, have now started to become optimistic again. As a result, stock prices have been rising, which is a great sign for those interested in investing. 

The post Best Stocks to Buy Now: June 07, 2022 appeared first on Best Stocks.

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
 
 
Copyright © 2010-2020 LosAltos.com & California Media Partners, LLC. All rights reserved.