Which US Stock Is Best To Invest Now?

Asked 2 years ago
Answer 1
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Buying a stock is easy, but buying the right stock without a proven strategy is incredibly difficult. So what are the best stocks to buy or watch right now? MercadoLibre (MELI)Arista Networks (ANET)Lamb Weston (LW)Inspire Medical Systems (INSP) and Autoliv (ALV) are the main contenders.

Market action has been difficult in 2022, with major inflation concerns and aggressive Fed tightening, and further challenges are expected in 2023. The market is trying to get back on track after giving up to some of the recent gains. The Russian invasion of Ukraine continues to cloud the markets.

Remember that thousands of stocks are listed on the NYSE and Nasdaq. But now you want to find the best stocks to make massive profits.

The CAN SLIM system provides clear guidelines on what to look for. Invest in stocks whose annual and quarterly earnings have recently increased by at least 25%. Look for companies offering revolutionary new products and services. Also consider companies that are not yet profitable, often recent IPOs that are generating considerable revenue growth.

IBD's CAN SLIM investment system has a proven track record of significantly outperforming the S&P 500. Beating this industry benchmark is key to generating exceptional long-term returns.

Best Stocks To Buy Or Watch

  • MercadoLibre
  • Arista Networks
  • Lamb Weston
  • Inspire Medical Systems
  • Autoliv
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Answered 2 years ago White Clover   MarketsWhite Clover Markets