The stock market can be quite overwhelming; whether you’re a seasoned pro or a newbie investor, there’s a lot of difficulties to navigate.
It’s a complicated market, but if you put together the right strategy, it can make you rich.
Look for stocks you can hold long-term, and consider the advice of top-level investment advisors and analysts.
Each stock listed below has been specifically curated based on its quality and long-term growth potential.
1. Krispy Kream Donuts (KKD)
Krispy Kream’s most recent quarterly earnings report described a whopping 22 percent increase. The KKD stock surge is typical for the donut supplier, which sees the strongest revenue flowing in from its locations that have been open for more than 18 months. KKD has a history of rising and falling stock prices, due to intense investor reactions. Although share prices fluctuate, it’s a good time to invest in KKD stocks, as the company is expanding overseas.
2. Rogers Communications (RCI)
RCI provides cable and mobile phones service to most of Canada. For newbie investors, RCI offers something other stocks don’t – massive discounts. The cable powerhouse trades with an 11 percent discount, “and 24 percent below its average price-to-book value ratio over the same period,” reports Forbes.com. “As a multiple of operating cash flow, Rogers trades at a 9 percent discount to the five-year average.”
3. American Express (AXP)
Looking for dividends? Why not emulate what billionaire Warren Buffet invests in? American Express is Buffett’s fourth-largest holding because the stock has a current yield of 1.5 percent, and a quarterly dividend of 29 cents a share. Buffet’s company, Berkshire Hathaway, owns more than 150 million shares of the stock.
4. Kellogg (K)
Do you eat cereal for breakfast? Well, you and millions of others. But, Kellogg isn’t just a cereal company anymore – the breakfast powerhouse is responsible for all sorts of food items, and because its sales are consistent, it’s a consistent dividend payer. Its current yield is 3.2 percent.
5.Conrad Industries (CNRD)
Conrad may not be a household name, but that doesn’t change the fact that the company sees an annual revenue of more than $230 million. According to Kiplinger.com, CNRD is “a 66-year-old Louisiana firm that builds and repairs tugs, barges, and offshore supply vessels, is a favorite of Daniel Abramowitz, of Hillson Financial Management, in Rockville, Md.” The stock is cheap, which is great for newer investors, and it has long-term growth potential, which is good for everyone.
6. Salesforce.com (CRM)
Terry Tillman, analyst for Raymond James Associates, selected CRM this year and last. He predicts that the stock will grow at a “30 percent annual clip” for at least the next few years. This is due to the company’s innovations. It makes software that allows businesses to enhance the relationship between themselves and customers.
All investors need to consider their bottom line. How much do you invest in a particular stock, and what stocks are going to make you the most money? There’s also the questions of how and when to invest that newbie investors face. It’s a complicated market, but if you put together the right strategy, it can make you rich.