1%. This means that there is a lot of room for growth.
Trupanion is the leader in this field, and it’s the only publicly traded pet insurance company. The company’s stock has grown by more than 200% since the beginning of 2020, and it’s expected to continue its growth in the future.
Investing in 2020 has been a difficult task due to the coronavirus (COVID-19) pandemic. Despite the S&P 500 regaining much of what was lost, there are still some companies that are managing to make a profit. If you have some money to spare, you can make a wise investment decision by considering the following three no-brainer buys: NextEra Energy, Pinterest, and Trupanion.
NextEra Energy (NYSE:NEE) has returned 385% to shareholders over the past 10 years, which is twice the return of the S&P 500. This utility company is a great choice due to its predictability, as consumers and businesses tend to be consistent in their electricity needs. Additionally, NextEra focuses on renewable energy sources such as wind and solar, and has an 8.4% annual growth rate over the past 15 years.
Pinterest (NYSE:PINS) is a social media company that has seen rapid growth. The monthly active user (MAU) count has grown from 102 million to 367 million by the end of March 2020, and the company’s idea of allowing users to share their interests and ideas freely has allowed small and medium-sized businesses to capitalize on shared interests via e-commerce.
Finally, Trupanion (NASDAQ:TRUP) is a companion animal insurance provider. The pet industry has seen steady growth for more than 25 years, and the insurance policy penetration on companion pets is only 1%. Trupanion is the leader in this field and is the only publicly traded pet insurance company. The company’s stock has grown by more than 200% since the beginning of 2020, and is expected to continue its growth in the future.
Trupanion has a strong foothold in the North American market, with a market share of between 1% and 2%. This indicates a great potential for growth in the future. The company is well-positioned to take advantage of the competition, as it has established relationships with veterinary and medical service providers. Despite the sluggish growth of the industry, Trupanion has achieved 20% or more sales growth for the past 50 quarters.
3 No-Brainer Buys for Investors in 2020
2020 has been an unpredictable year, but that doesn’t mean that savvy investors can’t find ways to maximize their returns. Here are three no-brainer investments to get the most bang for your buck while minimizing risk in 2020.
Invest in Real Estate
Real estate is one of the most reliable investments out there. It provides steady income and appreciation over time, plus the ability to take advantage of tax benefits. Right now is a great time to invest in real estate due to the low prices, lack of competition, and favorable lending rates.
Invest in Stocks
Stocks remain a top investment option, despite the volatile market. The stock market is a powerful tool for diversifying your investments and creating wealth over the long-term. Before investing, be sure to conduct research, diversify your portfolio, and manage your risk.
Invest in Mutual Funds
Mutual funds offer a combination of safety and growth potential and can be a great way to diversify your portfolio. Mutual funds allow you to spread your risk among different securities, reducing the risk of investing in a single stock or sector. Investing in mutual funds also eliminates the need to actively manage your investments as a professional fund manager does the work for you.
Frequently Asked Questions About “3 No-Brainer Buys for Investors in 2020”
- What are three no-brainer buys for investors in 2020?
The three no-brainer buys for investors in 2020 are real estate, stocks, and mutual funds.
- What risks are associated with investing?
All investments have some level of risk. When investing, you should consider the amount of risk you are willing to take and be sure to diversify your portfolio to reduce overall risk.
- How do I diversify my portfolio?
The best way to diversify your portfolio is by investing in a variety of different asset classes such as stocks, bonds, real estate, and mutual funds.
2020 has been an unpredictable year, but with the right investments there is potential to maximize your returns. Investing in real estate, stocks, and mutual funds are all great, low-risk no-brainer buys for investors in 2020. Diversifying your portfolio is key to minimizing risk and getting the most bang for your buck. Do your research and be sure to consult a financial advisor before investing to ensure that you are making informed decisions.