We’re halfway through with 2019, but there’s still a lot to squeeze out from the year in terms of your investment in stocks. As an investor, I assume you want to finish 2019 strong and with a bulging wallet. So, I want to give you a rundown of the best stock predictions for 2019.
These companies have stuck around for a long time and experienced huge growth so far. If you’re on the lookout for the stock that will help boost your investment portfolio, consider these 3.
- Facebook (FB)
We all remember how Facebook stocks were once investors’ nightmare when it went public. But Facebook was able to bounce back from that fiasco like a champ and since then increased its appeal as a profitable investment.
Facebook is going strong with 2.2 billion monthly active users. As if that’s not enough, Facebook owns billion-user apps like Instagram, Messenger and WhatsApp. It’s able to leverage on its larger user-base by creating for itself monetization opportunities like Facebook Ads and Facebook Marketplace.
Market analysts predict that Facebook stocks could go as high as $275 per share or at the very worst drop to $120. However, analysts are optimistic that Facebook stocks will outperform their current status.
- Alibaba (BABA)
E-commerce companies have shown great promise in the market. Alibaba has been pulling a lot of weight in e-commerce in China commanding 61.5 percent share of the Chinese market. Its American counterpart, Amazon, only commands a fraction of the market at 0.6 percent.
However, trouble stirred as Alibaba experienced a 5 percent drop in the market price as Jack Ma announced that he was stepping down as the executive chair of Alibaba Group Holding. Now all ears are on the ground for the next alibaba stock price prediction.
Good news is that considering Alibaba’s track record, analysts predict that the company’s revenue will grow to 56.1 percent in 2019.
- Starbucks Corporation (SBUX)
If you’re a fan of coffee, then Starbucks is an obvious choice – and I’m not just talking about it as a beverage. Its strong brand presence makes it very popular among consumers which contribute to its growth in the market.
The company’s major source of revenue is from its specialty drinks as Starbucks customers are willing to pay more for their coffees. This was revealed in a 2013 research report.
Starbucks is growing to be one of the biggest coffeehouse chains. That’s not surprising. With a catch phrase like “One on every corner”, why won’t it be a giant? However, Starbucks’ major growth driver is China-Asia Pacific region with 998 new stores within a span of a year.
Starbucks broke its record with an all-time high stock price of $74.93 per share. Analysts estimate Starbucks’ revenue to increase to about 32.04 percent in 5 years. This shows that Starbucks would make a better long term investment than a short term one.
It’s no wonder why Bill Ackman, a hedge fund titan believes Starbucks stocks is one of the best stocks to buy in 2019.