Top 10 hot stocks to buy
The markets have been good so far. Most stocks are pushing their valuation. It is better to pick and choose stocks which are on the list due to bargains, technical reasons and others due to growth. The ten mentioned below are there because they are better than most of the well-known names. The advice you would like to follow does not waste your money on risky startups and IPOs that do not deliver. Check these 10 hot stocks to buy which are likely to outperform in the next term, tripling your valued investment.
- Textron Inc. (NYSE: TXT) – Aerospace and Defense
With a market cap of $12 billion, it is a gem hiding in the world of defense. It is the name of Bell helicopters, Cessna and Beechcraft aircraft and it also makes drones, electronic warfare systems, armored military vehicles. In the light of continuing war with the terror and their regimes makes the stocks more are attractive. This is one of the best 10 hot stocks to buy. - Alphabet Inc (NASDAQ: GOOG)
The company revenue history reveals a consistent growth and hence it is a part of the 10 hot stocks to buy. This is its 12 th year of growth revenue not annually, but every quarter it has shown their sales growing. It is a $544-billion-dollar company. They have recently launched Pixel smartphone and Google Home (virtual personal assistant). Add to these products online ads, apps and cloud-based services—and you have a firm that analysts believe will generate 19% profit growth in 2017. 20 times their estimated earnings and the stock is not expensive. - Constellation Brands, Inc. (NYSE: STZ)
You may be familiar with the brand names that sell liquor. They own Corona, Wild Irish Rose, Woodbridge and other beers and spirits. The brand name alone makes you want to own these stocks along with the quality of products. Alcoholic beverages do well even when the market is down as this is a habit people cannot give up. - Garmin Ltd. (NASDAQ: GRMN)
Most investors are familiar with this company. They began the new GPS, and satellite-positioning technologies made in-car digital mapping a possibility. They have now branched out into wear-ables and action cameras. They are growing, and the shares are priced 15 times the trailing 12-month earnings. It has to be on the 10 hot stocks to buy. - Cutera, Inc. (NASDAQ: CUTR)
Cutera is the company makes cosmetic surgery technology. It tops the respective field and is not high-profile. Its stocks have grown in the last couple of quarters. In the last quarter, the sales were up 26%, and the company doubled its earnings. The key driver was the new enlighten III pa key to growth driver, and truSculpt holds a lot of promise. Be careful how you invest in this stock as next year could be a breakout for them. - FireEye Inc. (NASDAQ: FEYE)
This cybersecurity company looks like it was hanging by a thread. A series of expensive acquisitions meant that its losses were growing at a faster rate than the top line was, and there seemed no end in sight. FireEye is still losing money, but it has started to shrink. The newly implemented SaaS model appeals to the growing audience which provides the company with growing recurring revenue. Its threat-intelligence platform is starting to make an impact on IT professionals. Hacking and cyber attacks are expected to get worse, so FEYE is right where it should be. - Deluxe Corporation (NYSE: DLX)
This company prints forms and checks and the security that comes with them. It’s a great business as forms and checks make up the milk and bread of the business world. These are bought regardless of the economic situation, and business cannot function without them. The growth has been 6% last year and 5% this year a dependable amount. It is a worthy addition to your stock and hence, is also a part of the 10 hot stocks to buy list. - AT&T Inc. (NYSE: T)
It’s a powerhouse in the field of telecommunication world. It services millions of customers with wireless, television and broadband offers. Last year it became the $168 billion company. The first quarter was weak than the last quarter. As they are struggling to win a share of the market as being so big the company’s products compete with each other. They are finding their way by developing connected car business getting ready to dominate 5G connectivity and pushing to complete the acquisition of Time Warner Inc (NYSE: TWX), which will open a whole new world of media content. - Discovery Communications Inc. (NASDAQ: DISCA)
This company also owns and operates The Discovery Channel; they also own the Discovery Communications who owns TLC, Animal Planet, American History Channel, Eurosport and other channels. This company is one of the 10 hot stocks to buy. - Crown Castle International (NYSE: CCI)
It leases space on 40,000 cell towers to wireless carriers like AT & T and Verizon. Income is increasing as customers consume more data on mobiles. Charter Communications will be rolling out wireless service in 2017 as the demand for cell space increases. Analysts expect the dividend to climb by 9%.