Best Stocks to buy in the USA

 

Investing in a new product with a high market value in the stock market is highly recommended. Many stocks in the USA have the highest values. 

Despite trade wars and market fluctuations, it is always essential to understand the nature of the business before buying any stock. 

The basic method is first to understand a company's value, business model, and nature before buying any stock for a longer period. 

Also, branding, management,  strong presence in the market, and future market growth are all the key elements, an investor needs to look at before making any big investment. (Reference 1) 

Before buying any stocks please remember, there is no guarantee for profit. However, investors must look for the business fundamentals and long-term benefits, rather than focusing on short-term hype. Foreigners are allowed to buy stocks in the US market. 

Some of the best stocks to buy in the USA are given below:

Capital One Financial 

Capital One is mainly a credit card provider which also has consumer banking services in the US, UK, and Canada. This company is serving customers in the US through its website and in-house branches. 

Capital One Financial announced in February 2024 that it would acquire Discover Financial Services (DFS). This acquisition is an important one and it would make Capital One a dominant player in the credit card industry with its payment network. 

It is a strong progress and it would make Capital One a dominant player in the US along with other top competitors. (Reference 2) 

Bank of America 

Bank of America is mainly a commercial bank that also offers services related to lending, wealth management, investment management, retirement portfolios, and brokerage. 

In terms of domestic deposits, Bank of America is the second biggest bank right after JP Morgan (JPM). According to Dealogic, they are the third best banks in investment banking. This bank is well-positioned with its diversified business opportunities. (Reference 2) 

JP Morgan Chase 

JP Morgan Chase is a financial company. It is diversified into four different categories: corporate and investment Bank (CIB), Commercial Banking (CB), Consumer and Community Banking (CCB), and Asset & Wealth Management (AWM). 

In 2023 the total assets of this company stood at 3.8 trillion dollars. This company has a strong credit card franchise and a loan growth profile. (Reference 3) 

Meta 

Meta stock is having an upward trend and will maintain this trend in the future. This company stock has also been included in the prestigious IBD list of stocks. 

Meta platforms are diversified with their various social media platforms such as Facebook, Instagram, and WhatsApp. This firm also has an ambition for artificial intelligence. 

They are expected to spend more than 40 billion dollars in constructing advanced data centers to support their training and AI algorithms. (Reference 4) 

Spotify 

It is a music streaming service, which has been doing business quite successfully for a long time. They performed quite well with the stock price in 2024. The Allspring Growth Fund and  Fidelity Contrafund are among the main stockholders of this music streaming platform. 

According to Wall Street, there are 664 million active users of Spotify until December 2024. Benjamin Swinburne from Morgan Stanley has labeled Spotify stock as the main stock to buy in the year 2025. 

Swinburne prefers Spotify because it is currently a market leader in music streaming services. Overall this company is growing continuously and showing a good profit with strong financial benefit. (Reference 4) 

Nike 

This company is an apparel and footwear giant. It is also the largest athletic footwear brand in all big markets. 

David Swartz the senior analyst of Morningstar believes that this company will overcome all challenges and will move on to some new and exciting projects. They are already a market leader in the athletic apparel market. 

Nike is planning to double up the innovation process for excellent and well-connected customer service. (Reference 5) 

Reference 

1. Sander, P. and Bobo, S. (2019). The 100 best stocks to buy in 2020, Page 8. Google Book [online] 

2. Brock, C. (2024). 8 Most Undervalued Stocks To Buy In September. Forbes. [online]

3. Divine, J. and Davis, A. (2024). 10 of the Best Stocks to Buy for 2024. US News & World Report.  [online] 

4. Larkin, M. (2020). These Are The 5 Best Stocks To Buy And Watch For May 2020. Investor’s Business Daily. [online]

5. Giles, M. (2023). The 10 Best Companies To Invest in Now. Morningstar, Inc. [online]