Are you looking for the best stocks of 2018? Although we can see the market go into a complete swirl due to high unemployment and reduced income this year. There has been a huge money-making by some giant brands. The best stocks list keeps on dwindling every year however, these few names will never go off. Since the last quarter, we have seen a rise in the stock market which reached the best times. Whether it be a more stock-focused run or a secular market rally, these big companies will still find their names on top.
Given below is the list of top 10 companies which have the best stocks to buy and should be bought right away to gain large profits:
- Amazon (AMZN):
Source : businessuiteonline.com
Amazon’s stocks have always been on top as it has gained huge revenue from all its businesses. It is a significantly growing brand with its arms in all fields may it be a grocery store or entertainment or an all-rounder store. With its eye on developing a prescription drug and a logistics enterprise for its base store, it is all set with ideas to grow and expand. All this is possible due to the cloud-based technology.
- Abiomed (ABMD):
Source : static1.squarespace.com
Since the 1980s, this medical equipment company has grown from inventing the first artificial heart to developing an artificial heart valve that has been of paramount importance in revolutionizing the healthcare industry. Abiomed is on its growth curve and is a leading brand name in several countries like Japan, USA, and China. With a 102% growth till date, this company is growing tremendously.
- Netflix (NFLX):
Source : media.socastsrm.com
With the hike in the number of the subscriber base of Netflix, it has been on the profit gaining edge. The International Subscribers have grown up to 42% which is 63 million and domestic subscribers have risen up to 11% which is 55 million. Not only has it produced large revenue i.e. 43% which is collected till the previous quarter but also has helped Netflix to expand this growth by incrementing the subscription price in the upcoming times.
- Medifast (MED):
Source : akamaihd.net
This pre-packed health and nutritional diet Food Company has been on top due to its varied packages for the ones who value health more than anything. It has seen a large growth of 407% since the past few years and has come under the best stock to buy category. This is growing at a steady pace and has never failed its customers with its quality service.
- Micron (MU):
Source : warriortradingnews.com
The giant memory chip manufacturer has been toiling hard to maintain a good position in the stock market. Even though the technology is advancing and moving towards cloud-based storage, there is a huge audience that relies on physical data storage. With its focus on developing memory chips, it is generating quite a revenue that has kept it under the best stock to buy category.
- Ligand Pharmaceuticals (LGND)
Source : sec.gov
A leading biotech and pharmaceutical company is leveraging in exploring, early-stage development, formulating the tests and trials along with partnering with other organizations. This has led to a steady growth in the stock value up to 82% and is still counting more jumps upwards this year. They have kept all its services at a high price to gain a huge profit margin in the market.
- Texas Pacific Land Trust (TPL)
Source : cloudfront.net
Developed in 1988, Texas Pacific Land Trust is the largest landowner around the world with over 888,000 acres land all over the globe. This company has a set business in many fields like oil, water rights, gas, and minerals on this property along with choosing what land you want should be sold or leased. The growth has been around 80% till date and is still on the upward curve.
- SVB Financial (SIVB)
Source : g.foolcdn.com
With the idea of creating a private investment bank which emphasizes on a particular sector, the tech startups that want to increase their business are provided by loans so that they can set up a strong business foundation in Silicon Valley. This is helping the depositors but also leading to the expansion of this booming bank. For now, it is on a profit stand and keeps a top position on the stock market.
- Arista Networks (ANET)
Source : networks.com
This Cloud-giant company is accountable for $20 billion market cap and has a strong hold on the stock market. This year, till now it has gained about 11% although it has many powerful competitors in the market that are also working hard to create a spot in the cloud storage industry. With its easy solutions that are much cleaner than others in the market, it is steadily maintaining the spot.
- Inogen (INGN)
Source : cdn.shopify.com
With a $4 billion market cap, Inogen is a company that manufactures oxygen concentrators for its customers. Although the business doesn’t seem to be a big name, it has empowered the healthcare industry and helped in transforming the ambient air present in the air into the concentrated oxygen. This is a great initiative to help people who face breathing problems.
There are many other stocks that are on the upward growth cycle from different fields like technology, e-commerce, medical and many others. Even some middle cap giants like Etsy and many more that are striving hard to reach the best stock to buy zone as this is an uncertain market.