Investing Your Wealth: 10 Stocks To Invest In To Grow Your Wealth

admin | July 22, 2018 | 0 | Boost Your Net Worth

In today’s economy, you can never have enough money. Costs of living are rising and the bottom line is that you’ll need more money to keep you and your family comfortable in the coming years.

Investing in the stock market is one of the best ways American workers can grow their savings and invest in their future.

Stocks have amazing potential for growth, especially when invested in for the long-term. Riding the ups and downs of the stock market may make some potential investors nervous. However, The history of the market in the long-term proves that stocks are generally a good investment for many Americans.

Picking the right stocks to invest in is always tricky, and requires proper care and research. We can help. Read on, and we’ll suggest some of the best stocks to invest in today so that you can enjoy your wealth tomorrow.

1. Nathan’s Famous Hot Dogs

This historic hot dog distributor had its origins out on the boardwalks of Coney Island. With a little luck, they can add a little extra meat to your wallet as well.

There’s a strong bull case currently for NATH as it’s revenues continue to grow and it’s quarter earnings remain strong.

Nathan’s runs a licensing model that has been beneficial to other restaurants including Dominoes and Yum Brands. They’re expected to report well on their Q4 earnings. Eagled-eyed investors may want to hop aboard before that report goes public.

2. Bank of America

Bank Of America (BAC) has seen big growth lately, trading at its highest levels since the Great Recession. Earnings growth from BAC should be solid for the foreseeable future. While the stock market is currently choppy, it could still be a good time to invest.

The company’s credit line is solid and it outperforms competitors such as Citibank or JPMorgan. Best of all, it’s still running comparatively cheap. It’s one of the best stocks to invest in if you’re looking for a safe, solid bet.

3. Nutrisystem Inc.

This healthy food distributor is experiencing something of a pullback right now. It might be the perfect time to hop aboard before they bounce back.

Nutrisystem Inc (NTRI) posted a poor Q4 earnings release at the end of February, prompting a rough start to the calendar year. The stock has deaccelerated to the point that some have lost hope in the company altogether. We think that’s too pessimistic– with a high street price, it shouldn’t be hard for this stock to bounce back to new highs in the near future.

4. Roku

Everyone’s favorite home entertainment system (no, just mine?) is another hot commodity on the stock market these days. There is cause for caution when it comes to the Roku stock, considering that the company remains unprofitable even on an adjusted basis.

Roku is working to launch a high content ecosystem on their platform and already seem far and ahead of their competitors in that department. A big investment in them could be a risk, but one that could pay huge dividends if their plans take off. And if not, you can always rely on places like this website to help get you out of the red and rebuild your credit.

5. American Eagle Outfitters

Your teenagers may shop at this popular clothing retailer, which should be all the better for you. This is one of the best retailer stocks on the market and you should have it as part of your portfolio.

With a strong shift to e-marketing and sales, American Eagle seems to have avoided the mall-closure bust. It’s stayed strong for years and is still showing plenty of potential for growth and more upside.

6. UPS

The parcel shipping service had a steep fall-off after a bad quarter report back in February. The sell-off, with the stock falling 22%, seems steeper than the company deserves.

There’s no reason to doubt that e-commerce growth will continue to increase demand over the years to come. The market is big enough to allow for a few superpowers to co-exist. This could be a great stock to get while it’s down and cheap.

7. Exxon Mobil

The gas retailer is at its lowest price point in two years following a long and steady decline. Exxon (XON) has never been the strongest bet against its competitors, but its low price makes it an interesting opportunity.

Exxon is forecasting that their earnings will double by 2025, indicating a huge opportunity for growth. Even if management is being over-optimistic, even a fraction of that anticipated growth could make this stock a great ride to the top.

8. Facebook

Though scrutiny over this media giant has continued over the past few weeks, the tech company seems focused on making amends and ensuring consumer trust. Shares of Facebook stock are cheap right now at $203, a highly attractive valuation.

Most market professionals see the chances of a growth spurt for Facebook’s valuation to be imminent and immediate. Many expect the stock to surge up to $245 in the near future.

9. Sketchers

The popular shoe brand has been getting Buy rankings across the board from a wide variety of market analysists. Why? The stock seems primed for significant expansion.

The company saw a staggering 60% growth last year but is somehow still valued on par with some of its competitors. A previous significant earnings report helped to indicate that the stock’s momentum seemed here to stay.

10. MasTec

You may not have heard of this Florida-based specialty contractor, but they’re easily one of the best buys on the market right now. The company works with electric power infrastructure, natural gas pipelines, and renewable energy facilities, meaning your support is good for the world at large too.

The company’s been posting huge quarterly earnings and receiving big wall street support in the past year. That momentum doesn’t seem to be slowing anytime soon.

The Best Stocks To Invest In Right Now

If you’re looking to build your wealth and plan for your future, investing in the stock market can be the best way to do it. The above companies are without a doubt the best stocks to invest in if you’re looking to put your money in a place of growth.

Need more advice, tips, and tricks on growing your personal wealth? Check out our blog for more.