Recently I got a lot of questions about long-term investments in the stock market. So, let’s have a look at 4 stocks worth to be added to your portfolio. Well, it doesn’t mean you have to jump in it right now. No way, watch it to get a good entry. No hurry in building long term portfolio.
V – Revenue 21.67B
Visa Inc. is an American multinational financial services corporation headquartered in Foster City, California, United States. It facilitates electronic funds transfers throughout the world, most commonly through Visa-branded credit cards, gift cards, and debit cards. Visa does not issue cards, extend credit, or set rates and fees for consumers; rather, Visa provides financial institutions with Visa-branded payment products that they then use to offer credit, debit, prepaid, and cash access programs to their customers. In 2015, the Nilson Report, a publication that tracks the credit card industry, found that Visa’s global network (known as VisaNet) processed 100 billion transactions during 2014 with a total volume of US$6.8 trillion.
Visa is one of my favorite. If you read my blog for a long time, you should be already +70% on these stocks. Besides, I have already explained why Visa is so good. I still have it in my portfolio and some of the managed accounts. I believe long term run is not done and I see more potential in the coming 2 years.
NVDA – Revenue 10.73B
Nvidia Corporation is an American technology company incorporated in Delaware and based in Santa Clara, California. It designs graphics processing units (GPUs) for the gaming and professional markets, as well as system on chip units (SoCs) for the mobile computing and automotive market. Its primary GPU product line, labeled “GeForce”, is in direct competition with Advanced Micro Devices’ (AMD) “Radeon” products. Nvidia expanded its presence in the gaming industry with its handheld Shield Portable, Shield Tablet, and Shield Android TV.
It’s always good to have some lots of NVDA in your portfolio. Company is a leader of its industry and have the potential to hit $250 per share in 1 – 1,5 year. How could we forget about the banking sector?
JPM – Revenue 69.36B.
J.P. Morgan Chase & Co. is an American multinational investment bank and financial services company headquartered in New York City. JPMorgan Chase is the largest bank in the United States and is ranked by S&P Global as the sixth-largest bank in the world by total assets as of 2018, to the amount of $2.535 trillion. It is the world’s most valuable bank by market capitalization.
BAC – Revenue 57.07B.
The Bank of America Corporation is an American multinational investment bank and financial services company based in Charlotte, North Carolina, with central hubs in New York City, London, Hong Kong, Minneapolis, and Toronto. Bank of America was formed through NationsBank’s acquisition of BankAmerica in 1998. It is the second-largest banking institution in the United States, after JPMorgan Chase. As a part of the Big Four, it services approximately 10.73% of all American bank deposits, in direct competition with Citigroup, Wells Fargo, and JPMorgan Chase. Its primary financial services revolve around commercial banking, wealth management, and investment banking.
These banks will survive even in bad times. They are the basis of the banking system. But as you already know we have time till that time comes lol Coming 2 years + will be good for these stocks and should give nice returns. Besides, you get dividends as a shareholder.
4 stocks to buy for long term investments by Inna Rosputnia