Top 5 Stocks To Invest in 2020
AMD - Since last year AMD has seen huge success with its release of new CPUs Ryzen series of 3000. With revenue of 465million and a 7% increase since last year AMD, this year is hoping to keep the numbers up with more 1 billion profit expected this year. The new graphic video cards GPUs have been also a massive boost for their company. But they have some serious competition with Nvidia when it comes to GPUs but surely AMD will try and improve their Graphics Cards products even more and keep increasing their company.
AMAZON - With the increase of online sales in recent weeks because of the COVID-19 crisis Amazon is having one of the busiest times of shopping by its costumers. Most of the competitors have closed their businesses and with people preferring to have their orders delivered on their home without having to go outside and do the shopping, Amazon is benefiting from this. Amazon Prime Video has received a huge increase in users with people looking to spend their time in their homes watching movies, shots, documentaries, and more.
VISA - While shops for good and multiple products mostly are closed VISA is being used in a record number from people. Online shopping has become even more powerful and with VISA being the most used credit card it's going to increase their value even more. Online E-Commerce shops have helped VISA to increase the usage and with people using online shopping during this situation, they probably will keep choosing online shopping still even when the crisis is over.
NETFLIX - Even with the current situation when the online video platforms have seen a huge increase in their platforms and one of the most popular platforms of streaming Netflix has benefited mostly. With people on the current situation on lockdown and with Netflix popular shows, movies, documentaries on their platforms people will use Netflix. Competitors such as Disney, Hulu, HBO, Prime Video haven't offered many competitors to Netflix and Netflix premiering new movies, shows very often Netflix will be one of the most usable platforms online.
PAYPAL - With a market capitalization of over $143.5 billion, PayPal is dominating the digital payments sphere. With their revenue increase 17% in the Q4, PayPal is one of the longterm stock to invest that will continue dominating and increasing the company's success even more. PayPal in 2019 acquired a 70% stake of GoPay which is the only online-only payments platform in the country. And with Venmo being owned by PayPal it's seen a record increase of their more than $29 billion the company is expected to increase their popularity even more. In general, PayPal is expecting to see more than 20 million new users.
Public Last updated: 2020-05-10 01:44:16 AM