Hello! This is the second part of the series of investing in the Ultimate Medium-Cost Stocks that will definitely generate you lots of wealth.
Texas Instruments (TXN):
Texas Instruments is one of the best stocks to invest in for easy money. They’re one of the top producers of embedded processors and analog chips for a variety of instruments such as calculators. They also have tons of factories worldwide that supply everywhere which is a big advantage they have as a company. It’s a great long-term investment for more wealth that has a steady record of impressive growth.
Etsy (ETSY):
Etsy is a large producer of masks and most of its sales account for masks. Despite its non-mask business is not faring well, masks will still be used for the months to come. As COVID-19 is rapidly spreading and people are starting to wear masks, Etsy will be necessary for providing them. Also, Etsy has promised to expand its non-mask business. While it has competitors like Amazon, it’s a great short-term pick that should be sold after a couple of months, which is after the pandemic ends.
Skyworks (SWKS):
Skyworks is one of the best 5G stocks to invest in as Skyworks is a lead manufacturer in chips for 5G devices such as smartphones. It also has an impressive growth rate due to the demand of 5G and has lots of opportunities for it to grow. As it continues to supply Apple, it will continue to be in demand as Apple is rapidly selling tons of products and is rapidly developing 5G products.
Qorvo (QRVO):
Qorvo is another 5G stock that performs way better than Skyworks. Qorvo is a very diversified company when it comes to 5G. it has a wide base of companies that it supplies its 5G chips and it currently is supporting the 5G infrastructure plan. While Skyworks is the main supplier for Apple phones, Qorvo has a better advantage as it has a wider base such as Samsung & Xiaomi, which is worldwide.
NVIDIA (NVDA):
NVIDIA is a very popular company that is known for specializing in computer graphic processors, other chipsets, and multimedia software. As they continue to grow significantly, they have an advantage in a self-driving platform and graphic processors as they are a very advanced company with advanced technologies that most companies can’t compete with. Also, this stock has been steadily growing for the past 5 years, so it’s a great long-term investment stock as it is also starting to experiment with Artificial Intelligence in its software.
Bill.com (BILL):
This stock has been gaining lots of attention when it was first noted in Cathie Wood’s portfolio. Bill.com specializes in software solutions that help others financially and help customers generate and process invoices, streamline approvals, send payments, and tons more that have been attracting tons of customers. Currently, Bill.com is a huge disruptor in the market with tons of advantages that should be invested in.
Spotify (SPOT):
Spotify has sent the music sector of social media soaring for years by now. With its massive user base that is around 400 million monthly active users. With less than a billion users, it has a long way for continual growth that would make this stock a great long-term investment. As it continues to expand to other countries and add awesome features such as podcasts, this company has the opportunity to become the world’s best music platform for users in the next decade or so.
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Disclaimer: This is not Financial Advice.