Top 5 stock to spot in 2019
2018 wasn’t exactly a perfect year to be a trader. We went through a lot of problems and shakes, a lot of falls and unexpected soars and, let’s be honest, probably missed an opportunity or two to have a good earning on the trade. But in 2019 we have the possibility to turn it all around.
There were some stocks in 2018 that we can easily name outperformers – bad performance and, as a result these stocks were dropped by dozens if not hundreds of traders. But there is a possibility that in 2019 we are going to see something more from these players.
1. Approach Resources.
2. ASE Technologies Holding.
3. Vector Group.
4. Lithia Motors.
5. Manning and Napier.
1. Approach Resources.
Oil and gas industries have not exactly been good last year. And Approach Resources felt this on their own skin as their shares fell more than 60 percent last year. Most of the losses were seen by the company in the second half of 2018, as it was the time for most of the industry, the most turbulent time in almost 5 years. But, with OPEC finally coming to some common sense and common decisions on the further performance of oil pricing, it is possible that the industry is going to see recoveries in 2019. Massive ones.
Well, does that mean growth for Approach Resources? Of course! So, this underdog might get much higher this year.
2. ASE Technologies Holding.
26.1 yearly percentage loss of this semiconductors producer can be fully accounted to the trade war that the US imposed on China and several other Asian countries. Electronics as a whole in the region took several hits. And in case that wasn’t painful enough, producers of semiconductors were hit extremely hard. But right now there are not only trade talks ahead, but it seems that this particular producer managed to find new field of consumption. And as a result we can easily see not only those lost 26 percent recovered, but we may all see growth beyond those numbers.
3. Vector Group.
Tobacco. It is no secret that although there are a lot of smoking people in the world, thousands and thousands of tobacco consumers try and quit every day. Of course, not all of them manage to do so, but still, we really do see an improvement, with first world countries battling this kind if addiction. That is why it is of no surprise that tobacco companies pare losses. But, this tobacco producer, although lost more than 50 percent of the shares pricing last year found a way to make it all work.
E-cigarettes are now considered pivotal in humanity’s attempt to stay away from the real thongs. And that is exactly why the shares of Vector Group are expected to grow 30 this year and the several years after that. And do not forget, that depending on the demand, shares can easily sore by more than 100 percent, although at this point it is a stretch.
4. Lithia Motors.
Trade deals that the USA signed with Canada and Mexico in the long run are going to lift this distributor of new and used vehicles up in the air. There is no more threat coming from Donald Trump, although with him we can never predict right by 100 percent, to tariffs autism exported from the USA, which means that the pricing for the cars are not going to rise, which in its turn means that the demand for the goods of the company is not going to decline.
Voila – there we have a formula for shares’ price growing.
5. Manning and Napier.
Having lost more than 50 percent last year due to increasing demand for passive products and investors’ switch to low-cost investment strategies Manning and Napier are going to see some growth this year. Hopefully. The sector of operation is healthy and needs of the customers are growing, all that they need is to go together with the time, and the growth is going to come to them naturally and eventually.
Are you going to focus on any of these?