Making money in stocks, Investors looking for the best stocks to buy for 2019 should start with these 10 companies. These firms, ranging from a money-center bank to a bargain-basement retailer, have solid prospects in 2019. We’ve also listed five stocks you should consider parting ways with.
Check them out.
Alibaba (BABA) is best-known for running China’s most popular online marketplaces. However, like America’s Amazon.com, it has expanded into additional busineses, such as electronic payments, cloud computing and media.
Amazon.com (AMZN) started out as an online bookseller, and now it’s America’s largest e-commerce company that even sells its own generic-brand products. It also boasts other revenue streams, such as its Amazon Web Services cloud offerings, Echo smart speakers and Amazon Prime streaming content.
Brookfield Asset Management (BAM) is what you buy when you want to invest in something other than stocks and bonds. Brookfield owns a global portfolio of office, apartment and retail properties; it also owns 840 power plants that run on hydroelectricity, wind and other renewable technologies. Its infrastructure division invests in ports and railroads, and its private equity unit offers limited partnership stakes in real estate and energy.
Celgene (CELG) has a variety of drugs that fight cancer and autoimmune diseases. Its biggest seller, Revlimid, treats multiple myeloma; analysts at research firm CFRA believe the blockbuster drug can maintain sales growth rates in the teens through 2021.
Cognizant Technology (CTSH) still finds ways to steadily boost earnings and revenues. Cognizant is focusing on its lucrative digital business, which helps clients with analytics, cloud computing and cybersecurity.
Computer Programs and Systems (CPSI) is a provider of software for community hospitals. For instance, it offers an electronic health records (HER) product that helps medical providers keep accurate records while also remaining compliant with changing industry regulations.
Coupa Software (COUP) – which connects businesses with suppliers and manages procurement, billing and budgeting – is a choice for adventurous investors, and profits are only on the verge of showing up. The company says revenues for the 12 months ending Jan. 31, 2019, will be up about one-third over 2018.
DowDuPont (DWDP) will split into three in 2019. The agricultural group will break off as Corteva Agriscience, the materials division will be called Dow, and the specialty products businesses will be DuPont. Buy DowDuPont now, and you’ll receive shares in all three new firms. That’s a good thing: Spin-off shares tend to beat the market over the first two years, with the sum of the parts often adding up to more than the value of the whole.
Home Depot (HD), the powerhouse home-improvement retailer, whose earnings per share have risen each year since 2009
IHS Markit (INFO), which provides data and analytics to financial, transportation and energy firms, is one of the most respected companies in a burgeoning 21st-century sector. The company boasts 80% of Fortune 500 companies among its more than 50,000 clients.