What we know for sure today is that people who bought Tesla stock at the beginning of this year are now watching a six-fold stock increase. It turns out that they have increased their investment portfolio 6 times. For every $ 1,000 invested, they received 5,000 in net profit. To be among those people, you need to analyze the information about the stock market carefully. Stocks with high upside potential appear on the market all the time. These are often young and little-known companies. If you do not have personal practice, then you should look towards special funds that deal with this professionally.
What stocks will make you rich? This is indeed the million-dollar question. If you are looking at investing in stocks online, buying growth stock is a good way to do it. Remember to explore each stock offer in detail so you don’t miss out on a good one. Growth stocks are a share in a company which grow at a larger rate than average in a particular market.
With this type of investment, you wouldn’t usually get paid a dividend but when it comes to selling your shares on, you stand to make good money. So how to invest money online properly? It’s simple. Check all offers attentively to find stocks of growing companies.
It’s worth adding as a side note, that this type of investment can be risky if the company doesn’t do well but the returns are more favorable when it goes right. If you are looking for the best place to invest some money online this year, we’ve got you covered with our list of best growth stocks to buy in 2020. These companies are on the top today. But do not stop on them only. Believe in your luck.
What Stocks to Buy this Year
Etsy – 31.09% Growth Rate
Etsy is an online marketplace which specialises in handmade and craft items. Taking into account the recent pandemic, Etsy has seen a significant rise in sales this year as sales of handmade masks and homeware have shot up.
Amazon – 23% Growth Rate
Covid 19 has had a big impact on Amazon sales this year and according to one source “has been like injecting Amazon with a growth driver” This is good news for investors who are looking at buying in to Amazon growth stocks this year.
Microsoft – 13.65% Growth Rate
Microsoft has been a big contender in the growth stock market for many years and keeps soaring as Microsoft go beyond software and begin to dip their toes into cloud based computing and extra services. Investing in stocks online into this company may be a good choice.
Facebook – 36% Growth Rate
Facebook remains in the number one position for social media and advertising and things can only get better in 2020 as the market continues to veer towards the mobile social media and advertising capabilities which Facebook is optimised for.
Netflix – 63% Growth Rate
Netflix is a television service which is streamed over the internet and has current subscribers to its services in over 190 countries worldwide. Growth stocks with Netflix are the ones to watch and if you have the patience, has the potential to grow even bigger over the next decade. Invest money online can by tricky with this company.
Charter Communications Inc – 88% Growth Rate
This telecommunications and mass media company trades under the name Spectrum and is a leading contender in the growth market for 2020. The second largest company in its sector in America, Charter Communications offers broadband, voice and other services to over 30 million customers.