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18:30 GMT, January 15, 2019Extreme opponents of genetically modified foods know less than they think, study finds
21:33 GMT, January 15, 2019If you’re looking for something fresh to sink your investments into this year, you’ll find a wide range of options available on the stock market. From well-known names to up-and-coming innovators, there’s something promising to suit any style. Consider these picks for your stock portfolio in 2019.
Starbucks Corporation
If you’re most comfortable investing in a company that you’ve heard of, Starbucks Corporation (SBUX) is an excellent pick for your stock portfolio. With massive growth taking place in China and the Asia Pacific region, the coffee titan is a solid choice for investors. Shares are up over 30 percent since the second quarter of 2018, and the trend looks like it will continue into 2019.
The Street notes that “the systematic outperformance this stock has exhibited over the last couple of quarters continues to work in 2019.” Bill Ackman, hedge fund guru, is on the same page, having spent over $900 million on stocks in the company. Jump onboard and make Starbucks one of your investments for 2019.
IPG Photonics Corporation
If you’re looking for a long-term stock investment with a strong background, consider IPG Photonics Corporation (IPGP). This company manufactures and develops high-performance lasers for industrial use. These versatile products have found their way into everything from aerospace to the telecom industry.
Over the last five years, the company’s revenue and profit growth has been a steady 20 percent. Meanwhile, stock prices have dropped, making this a prime time to invest. Though the company continues to grow, geopolitical conflicts have pushed the stock price down. Buy now and hold on to this one for long-term returns in stock trading.
Stitch Fix Inc.
Stitch Fix (SFIX) offers an innovative solution to an everyday problem. The company curates women’s apparel for those who don’t have the time or desire to tackle clothes shopping on their own. Customers receive items custom-chosen based on their preferences and can keep or return anything they receive.
This stock has been volatile, so you may get a chance to purchase on a downswing in 2019. U.S. News considers this a “Safe(er) Stock” so you shouldn’t have to take on too much risk here. Analysts expect the overall trend to be positive, so hold on for the opportune moment to cash out.
iRobot Corporation
Analysts predict that annual profit growth for iRobot Corporation (IRBT) will be more than 20 percent by 2021. After several years with annual revenue growth of 15 percent or more, this contender looks like a reliable choice for 2019 investments. In more recent months, SharkNinja has challenged iRobot’s position in its niche of consumer robotics. This has caused stock prices to drop periodically into a more affordable range. Purchase these investments when you find a good price and hold on for the upward ride.
Fill out your stock portfolio with something different this year. No matter what niche you’re interested in, you can find something intriguing to try. These top choices are among some of the most promising picks that analysts are looking at for 2019. Consider giving one or more of these options a chance.