Top Stocks to Purchase in 2020 with a Value Between $100 and $200
Investing in the stock market can be a rewarding endeavor, but choosing the right stocks can make all the difference. For those looking to diversify their portfolios in the upcoming year, this article highlights some of the top stocks to purchase in 2020 with a value between $100 and $200. These stocks are selected based on their potential for growth and stability over both medium and long-term holding periods.
1. IEX: Accelerating Growth in the Financial Sector
IEX Group Inc., also known as IEX, is a leading financial services company that plays a crucial role in the U.S. equities market. As a market participant, IEX aims to provide a level playing field and reduce the influence of high-frequency traders. By purchasing shares of IEX, investors can benefit from its innovative trading technology and the growing demand for more transparent market structures.
2. INDIACEM: A Valuable Addition in the Cement Industry
Indiacem Limited is a prominent player in the cement industry, known for its robust financials and strong market position. Operating in one of the fastest-growing economies in the world, Indiacem is well-positioned for continued growth. The company's stable earnings and dividends make it an attractive option for both short-term and long-term investors.
3. GAIL: Reliable Gas Distribution and Trading
Indian Oil and Gas Corporation Limited (GAIL) is a leading gas distribution and trading company in India. With a solid track record and a widening subscriber base, GAIL is expected to continue its forward momentum. As India transitions to cleaner energy sources, GAIL stands to benefit from increased demand for natural gas, making it a valuable holding for investors focused on sustainable growth.
4. BEL: Bringing Stability to the Telecommunications Sector
Bharat Electronic Limited (BEL) is one of India's largest defense and electronic manufacturing companies. Despite trading slightly below $100, BEL offers a compelling investment opportunity, especially given its stable business model and resilient revenue streams. The company's involvement in defense contracts and its expanding electronics manufacturing base make it a reliable choice for medium to long-term investors.
Investment Considerations
Before making any investment decisions, it's essential to conduct thorough research and understand the specific factors shaping the industries these companies operate in. Key considerations include:
Market trends and regional economic conditions The company's financial health and growth potential Key competitors and their market share Regulatory and political environment Risk tolerance and portfolio diversificationConclusion
While the stock market presents numerous opportunities, not all investments are created equal. By carefully selecting stocks with a value between $100 and $200, you can find solid candidates for your portfolio. IEX, INDIACEM, GAIL, and BEL all offer promising potential for growth, each with its unique strengths and market positioning. Whether you're looking to capitalize on emerging trends or build a well-rounded investment portfolio, these stocks are worth considering.