FinancialCentre Reports – 2 Stocks Investors Are Getting Behind In August 2021
London, UK, 7th August 2021, ZEXPRWIRE – Stock trading dates back to the 19th century, where it was used mostly for hedging purposes. It has since turned into an alternative source of investment that some people use as a major source of their income. FinancialCentre Broker Chris Fisher says that in the 21st century, stock trading is more than just traditional investing – it’s a way to make lots of money easily and quickly only if you know where to look, that is.
How Does Stock Trading Work?
Here’s what happens: A company gets listed on an exchange (i.e. NASDAQ or NYSE). Investors buy and sell stocks. If you own shares in a company, then you have a piece of the pie – better known as equity. You share profits or losses with other shareholders once per year after the company has released its annual report.
One can say that stock trading is very easy. It requires no special qualifications or a degree in business administration – just some knowledge and intelligence. It is right to say that stock trading can be profitable if you know what to buy and when. There are a few different ways to earn money quickly with stock trading. One way requires lots of hard work and time but is ultimately very profitable in the long term if you manage to avoid major mistakes. This method involves doing your own research before deciding which stocks to buy and then sticking with them for a few months or even years. You have to be extremely patient, but it can be worth your while if you manage to play the stock market properly.
The associated risks are high, but the rewards are much higher if you can keep your cool and make smart decisions over a long period of time. And then there is a quick way – which seems impossible at first. It involves finding stocks that are about to rise or have already started rising in price (short-term strategies, such as day trading, do not count). You buy them and wait for the price to go up for a few weeks or months (depending on the specific stock) before selling them again for a nice profit.
How To Find Stocks Ready For A Bounce-back?
Getting your hands on stocks that are ready to bounce back can be hard. These are not advertised anywhere and most of the brokers are not likely to have them either. Traders have to struggle a lot with finding the best ones so we have done the job for you. Mr Chris Fisher has helped us pick a few stocks that are ready to get back to progress and you can look into them.
Pinterest is the 21st century’s answer to the traditional photo album. The visual nature of Pinterest makes it very easy for people to tell others what they like. The platform has an extremely loyal user base that loves the service and helps to spread it virally around the internet. With a growing number of users comes higher traffic levels and increased revenue for Pinterest, which means that its share price will continue to rise. The revenue growth percentage of the company remained 59.9%, 51.2%, and 48.1% in the years 2020, 2019 and 2020 respectively. Mr Fisher thinks that it is likely to see a large increase in users and traffic levels thanks to the expansion of Pinterest mobile. It could lead to an explosion in ad revenue, as well as elevate its share price. This is exactly what you are looking for if you believe that Pinterest is eventually ready to bounce back. It is true that the company could not show good financial results; it lost more than a quarter of its value last month but the average revenue per user is rising and this can make up for the drop. Apart from this, the news of the spread of Delta Variant investors are expecting that the world might head to another lockdown and amid such circumstances, all the social networking apps including this one are in a very promising position.
Coinbase
It is a bitcoin exchange company headquartered in San Francisco, California. Coinbase facilitates exchanges of Bitcoin, Ethereum and other digital assets with fiat currencies in 32 countries, and bitcoin transactions and storage in 190 countries worldwide. It operates exchanges between fiat currency and cryptocurrency, offering several modes of payment including bank transfers, credit or debit cards, wire transfer, SEPA and Interac. Coinbase was founded in June 2012 as a part of Y-Combinator and received $5 million in seed funding from the investment firm Andreessen Horowitz. Currently, the company has 43 million users and 2.8 million are actively trading. The reports suggest that the firm made a revenue of more than $1.8 billion in the first few months of 2021.
Powers are spreading all over the world to legalize cryptocurrencies- it is happening at rapid speed and it has brought many winning companies. A few weeks back bitcoin had to go through a hard time but now the cryptocurrencies seem to be back on track and so is Coinbase’s stock. The company has entered this month with a stock value 41% less than the April high but now it is ready to take off. This has brought Coinbase back to the watchlist of many traders.
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.
