Right now, more and more people are looking for interesting and lucrative investment opportunities, and these top 10 companies are among the most popular choices. Whether you’re looking for mid- or long-term investments, these ten businesses have proven themselves to be incredibly successful and are the target of many savvy investors.
The previous year was fraught with uncertainty and, with the threat of an economic recession, all indications are that 2023 could be just as turbulent.
It is precisely at times like these that investors look for the best guarantees when executing their strategies and focus primarily on stable companies that allow them to secure profits despite the turbulence that the global stock market is going through.
The best companies in which to invest in 2023.
But it’s not just about picking the best companies, it’s about identifying the most undervalued stocks today to try to maximize returns.
That’s just the key!
That’s why today we bring you a list of the top ten companies people are investing in right now.
1. Etsy – ETSY
This e-commerce company was already showing steady growth long before the 2020 health crisis. However, it was during the pandemic that the company’s growth had its greatest momentum, growing at more than twice the average for the e-commerce sector.
Moreover, it is worth noting that Etsy not only survived Amazon’s attempt to make inroads into the sale of handmade items, but it beat the giant and managed to maintain its growth trend.
2. Tesla – TSLA
Tesla has remained in the news in recent years thanks to the notoriety achieved by Elon Musk, its CEO. In 2020, the company showed a growth of 700%. Although it declined by 65% during 2022, a circumstance in which stop loss trading was more useful than ever, it is possible that we will see a resurgence of the company thanks to the growing interest in solar technology.
Also, with Musk possibly stepping down as CEO of Twitter, perhaps TSLA’s share price will rise again in the next few years.
3. Pinterest – PINS
Among social platforms, Pinterest stands out as the oasis of ideas and, like other electronic platforms, had its greatest growth during the pandemic restrictions.
While the trend contracted when the restrictions were lifted, Pinterest has managed to maintain its long-term user growth potential thanks, at least in part, to its initiatives to incorporate e-commerce into its platform.
4. Amazon – AMZN
For several years now, Amazon has remained a favorite stock in the stock markets and, with the growth of e-commerce during the pandemic, it is no surprise that it will continue to be so.
Although the last year involved a pullback in the e-commerce sector, Amazon remains a safe stock to invest in for the long term.
5. Shopify – SHOP
Shopify operates a platform to allow merchants of all sizes to sell their products online and operates under a monthly subscription model.
During 2022, the company generated revenue of $5600 million, which equates to just a small fraction of the $153 billion market opportunity, a number that is increasing as more sellers focus their efforts on online sales.
6. Apple – AAPL
There is no doubt that Apple is the largest company in the United States and perhaps the world, at least in terms of market capitalization.
Although the company is in a period of recovery, if there is one thing this giant has shown us, it is that it is an excellent choice for investing when it is on the downside.
7. MercadoLibre – MELI
With the rise of e-commerce, it is not surprising that more and more people are encouraged to invest in companies in this sector, such as Mercado Libre.
This company has a dominant presence in several Latin American countries and has recorded a merchandise volume of $9600 million in the fourth quarter of 2022.
Johnson & Johnson – JNJ 9.
Johnson & Johnson has proven to be a stable company even in times of economic uncertainty, making it a popular choice among more conservative investors who are still on the fence after the aftermath of the 2022 bear market.
In recent years, this blue-chip company has managed to maintain a steady cash flow and its stock value has grown by more than 4% in the first quarter of 2023.
9. Walt Disney – DIS
Disney has proven to be an all-rounder even in the most uncertain periods.
During the pandemic, it took a hard hit in theme park revenue and theatrical box office, but grew exponentially in its Disney+ streaming service.
With the return to normalcy, its parks revenues are much higher than before the pandemic and the company continues to have tremendous growth potential in different areas of its business model.
10. PayPal Holdings – PYPL
So far in 2023 has been turbulent for PayPal, down about 60% in the first quarter of the year.
However, with the earnings reported by the company in its latest report, it remains a good long-term choice among investors.