The best stocks to buy in the long term

2022-02-13T18:02:31
American Express Apple Coca Cola market value revenue
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The best stocks to buy in the long term

The best stocks to buy in the long term :If you are an investor, you should focus on your long-term and future financial plans and goals.

While there are no guarantees in investing, one thing you can do is make sure that you are investing in blue-chip stocks.

Leading stocks are well-established companies with a long history of success and prosperity during periods of market uncertainty.

Here are three preferred stocks that can be bought long-term.

Evest follows the stocks develompent in the following report

Topics:

Apple’s market value

Coca-Cola’s revenue rises

American Express and its first current account

A look into the future

 

Apple’s market value

Apple has been a tech giant for decades and a safe bet for investors for a while.

It’s the world’s largest company — it even became the first to reach $3 trillion in market capitalization in January 2022 — and it’s not showing any signs of slowing down anytime soon. 

While its hardware products — such as the iPhone, Mac, iPad, Apple Watch, and AirPods — can largely be credited with bringing in a similar following of cult customers,
Apple has been impressively able to roll out a suite of services that repeatedly bring lucrative profits.  In the first quarter of fiscal year 2022,
the company generated $123.9 billion in revenue, an increase of 11% year over year and a record for it.

With more than $37 billion in cash on hand, there is plenty of room for further growth, whether through internal innovation or acquisitions.

Take its recent acquisition of AI Music, for example. These acquisitions allow Apple to strengthen its audio offerings, such as Apple Music.

With the advent of fitness technology and virtual reality, Apple is poised to keep its momentum going.

 

Coca-Cola’s revenue rises

Few companies have the recognized global brand as Coca-Cola, the beverage company that has been in business for 130 years.

In addition to its main drink of the same name, Coca-Cola has an impressive selection of well-known brands, including Dasani, Minute Maid, Powerade, Sprite, Topo Chico and many more. 

In its third-quarter 2021 earnings report, Coca-Cola reported earnings of $10.04 billion, up more than 16% year-over-year.

And thanks to a generous dividend rate, investors have reaped the benefits of the beverage giant’s success. With a dividend yield of 2.73%,
Coca-Cola is one of the best dividend stocks in the market.

What makes the Coca-Cola stock a good long-term buy is its ability to maintain its core products as market leaders while also being willing to adapt to changing industry preferences. 

Look no further than the company’s entry into alcoholic beverages.

As hard sodas and canned cocktails have become more prevalent in recent years,
Coca-Cola has asserted itself as a player in the field, with its highly anticipated Topo Chico Hard Seltzer and Lemonade. 

The beverage industry is not going anywhere, and you can bet that Coca-Cola will continue to be a major player in this field.

 

 

 

American Express and its first current account

American Express and Discover have a major differentiating factor from competitors Visa and Mastercard.

While Visa and Mastercard handle credit card transactions, they do not issue credit cards – partner banks do.

On the other hand, American Express not only issues credit cards,

It also processes transactions, increasing its share of revenue from fees.

Thanks to record spending from cardholders,

American Express brought in $12.1 billion in revenue in the fourth quarter, up 30% year over year.

With its success, the company also plans to increase its dividend by 20%, which is a respectable increase

. And with the advent of a younger client base,

American Express is in a position to continue its long-term success.

In addition to its credit cards, the company has entered the competitive checking account space,

It launched Amex Rewards Checking for US customers.

American Express credit cards are known for their attractive perks.

Now, the company brings the same mindset to its checking account,

Members earn 1 Membership Rewards point for every $2 spent and 0.50% APY – well above the national average.

As the credit card giant continues to attract young consumers and increase customer loyalty,
they are well positioned to continue to thrive in the long term.

A look into the future

Many companies have had great success throughout history, but as an investor, past results matter far less than future potential.

These companies have a great financial standing and are ready to continue to develop and remain among the top players in their industries.

These are the type of companies you want in your portfolio.

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