London, UK, 5th Feb 2022, ZEXPRWIRE, As we all know, there is no age to start investing, and it is never too late for an Indian investor to begin his/her journey towards wealth creation.
At this stage of life, when I am writing this article, my goal is not only to make money but also to increase my knowledge about markets & investment processes. This article will give your insight into the best stocks to invest in right now for high possible returns over the next few years.
Let us keep patience, stay focused and build wealth gradually.
How to select the best stocks:
Returns matter most while selecting the stocks & that is why it has been kept on top of everything else while making this list. Keep in mind that stocks are just part of a bigger market cycle, and they may fall flat even if the business is doing great & the economy is growing exponentially. CFDAdvanced broker says with this perspective, it has been ensured that there are no highly leveraged companies on the list to protect our capital from any kind of panic selling which often happens in the stock market.
Since there are no promises when it comes to investing in stocks or any other asset for that matter, select the stocks only after doing your complete research and keep a stop loss in place.
Here is a list of the best stocks to invest in right now:
- Banco Santander SA
Business: A multinational Spanish banking group based in Santander, Spain. It is one of the largest bank groups in the world, with over 150 million customers served through its subsidiaries. In the most recent quarter, it had US$983billion in customer deposits and $1.7 trillion under management.
It was founded on 14th June 1857 by a group of investors headed by José María Pérez Moreda and Faustino Rodríguez-San Pedroso as Banco de Santander.
The company operates globally with 1,800 branches and serves 10 million customers. The bank has a sizable presence in the UK & Europe through its subsidiary Abbey National which it purchased for US$22billion in 2004.
Banco Santander currently ranks fourth on the list of largest banks globally by market capitalization.
Reason to invest: Going forward with a long-term investment horizon and believes that Banco Santander is the best bet in the global banking industry.
As per a research report from Barclays, the Spanish bank’s Basque region customer deposits rose to nearly EUR41billion, which is the highest level in history. Its British arm Santander UK plc holds deposits worth over GBP100billion.
Santander has a market cap of USD327 billion as of 25th March 2018 and, therefore, presents a huge opportunity for growth.
- Hexaware Technologies Limited
Business: Provides information technology (IT) and other business services to companies primarily in the US, Europe, and Japan. Its clients include financial institutions such as Fidelity Investments and Citigroup Inc. The company was founded in 1997 by Atul Nishar and acquired two other companies in 2005 for about $9.5million.
Hexaware is a winner in some of the biggest deals in 2018 & currently ranks at sixth position on the list of Indian IT companies by revenue. With its strong management team, Hexaware has acquired more customers from across the globe and is currently growing at an exponential rate.
Reason to invest: Indian IT sector is witnessing tremendous growth in revenue and net income, which can be seen from the fact that India’s biggest IT companies are valued at $150 billion, accounting for more than 16% of the BSE Sensex. With its stronghold in Europe & Japan, Hexaware has secured some of the biggest deals in 2018. This momentum is expected to continue as the company will play a major role in solving complex IT problems for its clients.
- Infosys ltd
Business: An Indian multinational corporation that provides business consulting, information technology and outsourcing services. It is headquartered in Bangalore, India. The company was co-founded by 7 IIM Ahmedabad graduates in 1981.
Infosys is the second-largest Indian IT company by revenue. It has a market cap of about USD 48 billion as of 25th March 2018, making it one of the best stocks to invest in right now for a long-term investment horizon.
The company is valued at USD 44.7 billion as of April 2018 and has seen its share price more than double last year.
Reason to invest: Infosys is one of India’s most promising IT companies, which provides services to some of the biggest Fortune 500 companies and caters substantial amount of business from Europe, Japan & the US.
The company has USD 10 billion of cash and no debt on its balance sheet, making it a favourite stock to invest in right now for a long-term investment horizon.
- Lloyd’s Banking Group PLC
A UK-based banking & financial services company headquartered in London. It serves around 9 million customers and has a market cap of USD 21 billion as of 25th March 2018.
Lloyd’s Banking Group is led by an experienced management team and provides a wide range of financial products and services to its clients worldwide. The company is enjoying an excellent run-in terms of revenue growth and earnings per share, which have risen by 14% & 41%, respectively, since last year.
Reason to invest: Lloyd’s Banking Group holds substantial deposits in the UK, especially with its brand names such as Bank of Scotland & Lombard. As per a research report from Barclays, the British bank’s Basque region customer deposits rose to nearly GBP 40billion, which is the highest level in history. Its UK arm Santander UK plc holds deposits worth over GBP 100billion.
Disclaimer: Our content is intended to be used for informational purposes only. It is very important to do your own research before making any investment based on your own personal circumstances. You should take independent financial advice from a professional in connection with, or independently research and verify, any information that you find on this article and wish to rely upon, whether for the purpose of making an investment decision or otherwise.