Whether you want to venture out on your own to find stocks or want to use an online broker, you will want to have a general idea of the best stocks to buy in New York.
The first includes IBM. Many people have turned away from IBM, making stock prices lower and easier to purchase. However, IBM is still expected to generate about $16 billion dollars this year.
Another great company to consider investing in includes eBay. This company continues to be strong in its market type and its payment business (PayPal) also sees its revenues grow. eBay’s quarterly revenue is currently at 14 percent and is not likely to drop any time soon. Even though Amazon is a leader of the e-commerce trade, eBay is holding out in the number two spot.
A third stock to consider is the Kinder Morgan stock. This company is the largest natural gas storage operator and transporter in North America and is set to profit because of the increasing demand for natural gas. Newer power generators are turning to natural gas and there are many power plants being shut down.
If you are interested in companies overseas, a great choice could be the Liberty Global company, a cable company in Europe. They do have a lot of debt and GAAP losses, but don’t be fooled. They have great leadership and have a proven strategy, and they are adding new subscribers to their service. You can purchase your stocks for a low price and then sell them when they rise.
Pharmaceutical companies are always popular choices for stocks and Momenta Pharmaceuticals are offering competitive advantages in their field. They are able to characterize, analyze and design complex molecules, reducing costs and speeding up development time. Their first product has lost its edge, but they will be starting to market their second product, a generic of Copaxone.
The last of the best stocks to buy in New York is Tesla Motors stock. This company produces cars and there is strong demand for their Model S cars; because of this, they are working hard to bump up production and meet demand. They are hoping to deliver over 40,000 cars by late 2014.
Worlds Best Stock Picks is a great web site that provides you with a broker who will look out for you, finding you the best stocks to buy in New York.