3 No-Brainer Buys for Investors in 2023: #LeakedIIN #PersonalFinance #HowToMakeMoney #MakingMoney #Cryptocurrency #Stock #Investment #Scholarships #loans #grants #Gold #Silver ……
2023 has been a very challenging year for investors so far. The coronavirus (COVID-19) pandemic has been keeping everyone on the edge of their seat with all-time highs and lows divided by just days. However, the S&P 500 has regained a lot of what was lost, which gives hope to long-term investors. Also, there are some companies that appear to gain profit even during these trying times.
If you’ve got some money to spare outside your emergency fund, you can change your financial future for the better by investing in these three no-brainer buys.
NextEra Energy
So this isn’t the most obvious choice. Anyway, over 10 years NextEra Energy (NYSE:NEE) has returned 385% for the shareholders, which is twice more than the return of the benchmark S&P 500 over the same period of time.
Owning a utility company stocks is great because of predictability, as both consumers and businesses tend to be consistent in the amount of electricity they need. What is more, NextEra focuses on renewable sources of energy (wind or solar energy). Currently, it’s the leader in this sphere, and the company is determined to consolidate its superiority in the future. With an 8.4% annual growth rate over the past 15 years, NextEra can be considered a no-brainer buy for any portfolio.
Social media company called Pinterest (NYSE:PINS) is a traditional growth stock. So, why should you prefer it to, let’s say, Facebook?
To begin with, Pinterest is great at attracting new users. The monthly active user (MAU) count on this site has grown from 102 million to 367 million by the end of March 2023 comparing to the beginning of 2019 thanks to increasing presence on the international markets.
What is more, the company’s idea that users can share their interests and ideas freely with the world allows small and medium-sized businesses to capitalize on shared interests via e-commerce. Suggestive technologies help consumers find products that are like their pins, making everyone involved happy, including investors, who see rapid growth.
Trupanion
Finally, let’s talk about the companion animal insurance provider Trupanion (NASDAQ:TRUP).
If you have a look at pet industry statistics, you’ll see steady growth for more than a quarter of a century. In 2023 the U.S. pet industry is estimated $99 billion. No surprise here, as we treat our pets as family members. That said, the insurance policy penetration on companion pets compounds only between 1% and 2% in North America, which obviously shows great potential for growth.
Trupanion is well prepared for the upcoming competition as it has necessary connections with the veterinary and medical service communities. Even though the company is operating in a slow-growing industry, is has 50 consecutive quarters of impressive 20%-plus sales growth.
3 No-Brainer Buys for Investors in 2023
2023 is here, and for investors it is shaping up to be a great year to make some smart moves in the stock market. To help you get started, we’ve rounded up 3 of the best no-brainer buys for your portfolio this year.
Alcoholic Beverage Industry
Research has indicated that the alcoholic beverage industry will see strong growth in 2023 due to increased consumer spending on luxury goods. Popular alcoholic beverage stocks such as Anheuser-Busch, AB InBev, and Constellation Brands, should all be considered as potential investment opportunities.
Renewable Energy Companies
The renewable energy sector is another area that should see tremendous growth in 2023. Companies like Tesla, SunPower, and Vestas Wind Systems have been leading the charge in this sector and should be looked at as potential long-term investments.
Tech Companies
Technology companies have been on a tear as of late, with many seeing major gains in the last few years. Companies like Apple, Amazon, and Microsoft should be considered as buys due to their ability to innovate and capture market share.
Frequently Asked Questions About “3 No-Brainer Buys for Investors in 2023”
- What stocks should I buy for 2023?
- Alcoholic beverage stocks such as Anheuser-Busch, AB InBev, and Constellation Brands.
- Renewable energy companies such as Tesla, SunPower, and Vestas Wind Systems.
- Tech stocks such as Apple, Amazon, and Microsoft.
- Are these stocks good long-term investments?
- Yes, all of the stocks listed in this article have long-term potential.
- Will these stocks remain profitable in the future?
- The future of any stock is difficult to predict, but given the current trends, it is reasonable to assume that these stocks will remain profitable in the future.
Summary
2023 is here, and for investors that means it’s time to make some smart moves in the stock market. To help you get started, we’ve rounded up 3 of the best no-brainer buys for your portfolio this year—alcoholic beverage stocks, renewable energy companies, and tech stocks. All of these investments have long-term potential and should remain profitable in the future. Now is the time to get in on the ground floor and reap the rewards of your smart investment decisions.