The company has consistently paid strong dividends to investors for the past 28 years, even when oil and gas prices have been down.Įven when the oil and gas industry isn’t so hot, the company has access to the money it needs to pay dividends.Įuropean nations are expected to ban more than two-thirds of Russian oil imports within the next year, which could send oil prices headed for the top yet again. Income-investing veterans may be thinking, “DVN is only paying dividends because oil and gas prices are soaring.” But that’s not the case. The company is one of the highest-paying dividend stocks on the S&P 500.ĭevon Energy is an oil and gas powerhouse with a long history of stellar performance - and after more than 80% growth over the past year, the share price growth is expected to continue. Price-to-Earnings Ratio (P/E ratio): 7.41ĭevon Energy is an income investor’s dream.If you’re risk-tolerant enough to hold on through what may be a short-term rough patch and wise enough to dollar-cost average in the bear market, AMZN is a stock that’s worth your consideration. Margins on the AWS business are so big that they’re pushing the company’s average margins to the roof.Īll told Amazon does face some economy-related headwinds ahead, but it’s nothing the company hasn’t already proven to be perfectly capable of handling. However, its newer Amazon Web Services (AWS) cloud computing offering is anything but a thin-margin offering. Throughout the majority of its existence, Amazon has focused on razor-slim margins in the e-commerce space. The company also has the potential to bounce back to greatness as fears settle. If history is any indication, the company will be sailing toward all-time highs again in no time flat. And though the stock may be trading down at the moment, that trend isn’t likely to last forever. Although it had its ups and downs, the company’s strong fundamentals carried it through the dot-com bubble burst and the Great Recession. That’s not the first crisis the company has faced. The company’s share price didn’t even flinch in the face of the COVID-19 pandemic, likely because it benefited greatly from stay-at-home orders and store closures. There’s no question that some AMZN investors are frustrated beyond words at this point, but that’s often the best time to buy.Īmazon is an e-commerce giant with a clear ability to weather economic storms. The company operates in a highly cyclical industry and has given up about a third of its value this year alone. Tech stocks like Amazon are likely the last pick you’d expect to find on this list. Price-to-Earnings Ratio (P/E ratio): 77.01.TIP: For more ideas, check out our list of the best stock picking services, including The Motley Fool Stock Advisor. There’s a little something for every kind of investor. Here are some ideas for the best stocks to consider buying right now. Many of these are non-cyclical plays that offer strong dividends.Īnd there are a few cyclical gems that risk-tolerant investors may want to dive into for a discount on gains that seem all but guaranteed in the future. The top stocks to buy now are large companies with a massive economic moat - a competitive advantage that keeps competitors from chipping away at them. However, no matter how red the market is, there’s always a glimmer of green. When the bears take hold of the market, it’s easy to second-guess your investment decisions and difficult to find anything you’d be interested in piling your money into. 9 Best Stocks to Invest In Now: December 2023 Yet, even in an environment that feels like navigating through turbulent waters, there are promising opportunities to seize. In situations like this, it can be daunting to determine which stocks to invest in, if at all. Notable indices like the S&P 500, the Dow Jones Industrial Average, and the Nasdaq composite have experienced significant downturns. Unsurprisingly, these developments have affected the market. The Federal Reserve is making moves to curb high inflation rates, and many financial experts concur that an economic downturn could be on the horizon. Observing the current trends in the stock market has been challenging.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |