Share Recommendations to Buy in 2020

Share Recommendations to Buy in 2020

As of 2020, as stocks rose in the longest bull market in the history of the US, the markets were completely in bull mode. On the face of the sudden economic shock from pandemic, economists had expected the domestic product of US growth to drop 4% to 7% this year. It fell worse than its 2.5 percent drop in 2009 and the worst drop since 1946. Here are some of the best shares to be purchased in 2020;

Amazon.com (AMZN)

Amazon.com has been one of the most successful investments in history. In 2010, stocks had earned around 1,200%. When the year started, CFRA analyst Tuna Amobi was expecting more in 2020. Analysts expect a 20 percent revenue increase for Amazon.

Facebook (FB)

Despite the never-ending negative headlines about data abuse, political manipulation, content violations, regulatory coups, Facebook remains a good option with impressive growth rates and large returns. In fact, 2019 was a big year for Facebook, and its share had increased by 56%. Analysts expect an increase of around 18 percent earnings per share in 2020, even if the pandemic gets back its advertising revenue. CFRA analyst John Freeman said that as the year enters the year, the growth source for Facebook should come from users. CFRA started the year with a "buy" note for the FB stock and a $ 233 price target. Shares rose after the first quarter results reflecting better-than-expected advertising trends.

Alphabet (GOOG, GOOGL)

CFRA predicted a big year for Alphabet in 2020. It shows Google Cloud's increasing profitability as one of the nearest-term growth drivers. AWS competitor Google Cloud's potential will likely be kept under control due to the pandemic, but the revenue of this high margin segment rose 52 percent to $ 2.8 billion in the first quarter.

Fiverr International (FVRR)

It is a more risky choice. The online freelance and contracted labor market, fiverr, which is definitely switching to a much smaller company, is worth around $ 1.5 billion. The FVRR has a floating share, but even after the shares have doubled to date, they have the potential to make more money from FANG stocks. Revenue increased 44% in the first quarter.

Slack Technologies (WORK)

Workplace messaging and productivity platform Slack Technologies has a business model that Wall Street has loved in recent years: a high gross margin, recurring revenue software business. It takes losses in the short term, but as the customer base grows, the losses will shrink. The company will then become profitable as fixed costs spread across an income base, and shareholders will enjoy the margin expansion that comes with scalable software businesses.

Microsoft (MSFT)

Microsoft CEO Satya Nadella is known for aggressively making the software giant high margin. Given its status as the world's most valuable public company, it might seem strange to call Microsoft one of the best developing shares to buy. The company pays roughly 1% dividend, which is not much to brag but still not bad for a 1.4 trillion dollar company. It experienced its growth at the top and bottom levels in 15% and 22%.