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Top 10 Stocks to Buy in 2020 to Increase your Wealth

top 10 stocks to buy now

An essential wealth creation tool is the stock market. In 2020, the US and China trade enter a large scale. There was a 20 plus gain in the previous 2019. Not every year won’t receive this, only companies with good solid prospects and defensive-minded names will succeed in 2020.

After some analytics with the data, we come to clear guessing that the stocks remain in 2020, here are the predicted 10 stocks.

Medifast

Medifast is a nutrition company that grows in the specialization of the weight loss products, selling shakes, meals, bars, and some healthy snacks which offer all in the 30days kit. 

The Medifast stocks get slimmed in the latest December 2019 because of its website issues. That become great opportunities which pay a dividend for nearly 5% with its 14 percent of its earnings. 

  • Market Cap: $1 billion

Alibaba group holding

It is an e-commerce giant who gets too much of profit, and every day its growth rate was high, on Alibaba, the stocks are given security and growth they also have consideration for the long-term investors. 

This Alibaba group dominates Amazon, one of the US e-commerce giant in their own country. They have forward earnings by entering the technologies like artificial intelligence, cloud their earnings would touch 30% in this 2020 march.

  • Market Cap: $522 billion

Nexstar Media Group:

It is an Americas local TV channel with the 197 stations with 115 markets that cover 63% of US local television in the viewer’s house. This is one of the best stocks to buy in 2020. They have 6times forward earnings and pays 1.7% as a dividend.

  •  Market Cap: $4.8 billion

AbbVie

One of the most leading drugs which were sold in Humira, this has a down face in 2019 and struggled to compete with the $63billion, they have a softened tie-up with the Allergan, and the shares are coming low in 52 weeks of 2020. 

They started to pay a 5.5% dividend for their investors. This traded between $64 and $71 to their investors, so it was one of the best stocks to buy in 2020.

  • Market Cap: $127 billion

NMI Holdings

$19 million to $275 million is their growth in the last 5 years. It has a 10 time forward earing in, and the railed with 80% only for 2019. Their price earing in growth ration is 0.48. This has one of the best stock we could lock for our 2020. 

  • Market Cap: $2.2 billion

Health Peak Properties:

This is a real estate investment trust; this offers exposure to stock through real estate. They are providing 4.4% of dividends for tax-advantage and peak upsides. Their main focus is on high-quality real estate in the health care area.

  • Market Cap: $17 billion

Newmont Gold Corp.

They are the miner of gold copper and silver who cuts a big stock in upcoming 2020. They will pay a dividend of 1.5% and correlate with the wider stock market. They have a nice theoretical edge against recession will be a valuable point to buy stock in 2020.

  • Market Cap: $32 billion

Facebook

We can blindly put stocks on Facebook because of its 2.5 billion users, which gets become an everyday need of a person. Facebook has become the best stock for the consecutive 4 years. And also, it was the best stock of 2017. They are paying 31 times forward earrings

  • Market Cap: $586 billion

British American Tobacco

British American Tobacco provides a dividend of 6.85, which was the best one in the top 10. It is not a favorite Of environmental, social governance, and its far from the down status; hence this stock is called sin stock. 

  • Market Cap: $89 billion

Universal Insurance holdings

When compare to BTI, there will be a great risk for this smaller company. This is the small-cap stock hitching in the Florida market. Their stock may reach $35.57 by early 2021.

  • Market Cap: $950 million

Conclusion:

These were the predicted top 10 stocks, which will be profitable in early 2020. You may refer to this article at your own risk.