Shares Today: Stocks to Buy in 2018
The beginning of 2018 has shown a rapid improvement in global economic indicators, and the United States are reporting record-low unemployment levels and plans to hike interest rates this year. The recent drop in US indices is more oriented towards shifts in market sentiment than to the current economic situation, and analysts predict that this year’s stock market may reveal great investment opportunities. That’s why we’ve picked the top 3 shares to buy today with significant upward potential.
Warren Buffet’s Berkshire Hathaway is a well-diversified company that invests across many industries and owns stakes in insurance and agricultural companies, as well as in the banking and technology sector.
Especially agricultural companies, such as Monsanto in which Berkshire Hathaway has a significant stake, weather any downturns in the economy well as there is always demand for seeds and agricultural products.
In the last 12 months, Berkshire Hathaway’s share price has risen from $250 to $300, and the uptrend may continue in 2018.
The online-giant Amazon constantly makes headlines and its recent surge in the share price made Jeff Bezos the wealthiest man on earth. With e-commerce on the rise, investing in a company that accounts for nearly 50% of all e-commerce sales may be a wise decision.
In addition, the way that Amazon operates by reinvesting a significant amount of its earnings and revolutionizing whole industries, such as the acquisition of Whole Foods, could add wind at the back for its shares.
Amazon’s shares traded at around $900 a year ago, while their current price today hovers around $1,400.
The shares of Nvidia traded at $100 a year ago and more than doubled in the recent days, hitting $250 in March of 2018. An important driver for the company’s shares – which creates graphic cards – has been the cryptocurrency boom in the last year where graphic cards play a vital role in the process of cryptocurrency mining.
A growing number of people are still joining the mining-bandwagon which could push the demand for Nvidia’s products and its shares higher in the current year.
Have you picked your favorite share today?
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