The Smartest Investors Are Buying These 2 Stocks Hand Over Fist
The new year is right around the corner and now is an excellent time to invest in companies likely to soar over the next 12 months and beyond. Some of the best options have strong penetration in the consumer market and expanding positions in high-growth industries. These characteristics can almost guarantee significant financial gains over the long term and deliver reliable stock growth.
Two companies that easily fit this criteria are Amazon (NASDAQ: AMZN) and (NASDAQ: AAPL). These tech giants have proven brand loyalty with consumers and are dominating their respective markets.
Shares in Amazon and Apple have risen about 81% and 50% year to date but could have plenty of room left to run thanks to significant cash reserves and positions in developing sectors like artificial intelligence (AI).
Source Fool.com
Apple Inc. Stock
Currently there is a rather positive sentiment for Apple Inc. with 148 Buy predictions and 17 Sell predictions.
With a target price of 227 € there is a slightly positive potential of 9.61% for Apple Inc. compared to the current price of 207.1 €.
