Thanks, but no thanks to COVID-19, a variety of people are looking forward to investing in stocks. Boredom, isolation, and work-from-home have pushed people to rethink how they can earn money.
Investing in stocks wasn’t for everyone back in the day. But after the pandemic, it looks like everyone is on the path of being an investment guru.
There’s no harm in learning the basics of investment, trading, and everything in between. However, when investing, one should prioritize learning about the stocks that have potential and are currently doing good in the market. And that’s where we come in!
Whether you are a newbie investor or an expert day trader, we have something for you. In this piece, we’ll be going through the twenty-eight best long term stocks to buy right now in 2021 or at least keeping an eye on them.
So without further ado, let’s discover the best long term stocks to buy right now:
The Best Stocks to Buy Right Now
Dow
Dow, Dow Jones Industrial Average or DJIA is a stock market index that keeps track of the 30 large, publicly owned, and well-established companies on NYSE and NASDAQ. It’s one of the most-watched stock market indexes in the world.
You can look at the latest market data for all the 30 stocks in the Dow Jones Industrial Average. And then, pick the stocks individually to buy them as they are the top performers with stable potential for the future.
Castle Biosciences
Founded back in 2007, Castle Biosciences is a commercial-stage dermatological cancer company that develops and retails diagnostic & prognostic solutions. This company helps patients and physicians by providing tests to build up accurate cancer treatment plan decisions.
In terms of finance, the year/year change of Castle Biosciences has been up by 30.97%. Moreover, their cash-on-hand and cost-of-revue have also increased by 312.54% and 26.64%, respectively.
Looking back in the past, stocks of Castle Biosciences are only getting stable and higher in value with time. And this makes the company’s stock one of the best long term stocks to buy right now.
Bank of America (BAC)
Headquartered in Charlotte, North Carolina, BAC is an American multinational investment bank and financial services holding company. From credit cards, loans to other banking services, Bank of America provides all types of services.
After JPMorgan Chase, Bank of America is the second-largest financial institution in the United States. Primary services of the bank revolve around investment, wealth management, and commercial baking.
Stocks of Bank of America have been performing exceptionally well. The bank’s revenue has seen a year/year increase of 34.16%. Similarly, the bank’s net income, net profit margin, and operating income have also gone up by 161%, 94%, and 111.7%. This makes the stocks of the institution pretty attractive.
Ares Capital Corporation
Founded back in 2004, Ares Capital Corporation is a company that provides direct loans and other investments to private middle-market companies in the States. One of the main objectives of the company is to invest in high-quality money borrowers that want to achieve their goals.
The mission of Ares Capital Corporation looks quite stubborn and profitable for the investors. With a current dividend yield of 8.16%, this company holds immense profit potential. Why? Because it’s financially aiding strong businesses in the pandemic, and that can lead to drastically increase the company’s hold on market-making it one of the best long term stocks to buy right now.
Alibaba Group
Alibaba Group needs no introduction. The group owns some of the popular e-commerce sites in the world, like Aliexpress. But that’s not it; they also own other hot divisions in tech like cloud computing.
Now speaking of numbers, Alibaba Group has shown a 41% increase in revenue in the last quarterly result. With time, the group continues to strengthen in China across other parts of the world in the e-commerce and fintech divisions.
Knowing the massive footprint of Alibaba Group in the digital age, would you still not consider investing in it?
Enterprise Products Partners LP
The last ten years have been a lost cause for the midstream energy sector. But still, Enterprise Products Partners LP is being traded at levels first. This company was founded back in late 2011 with a vision of transforming the oil & gas sector.
Although it’s a long road for Enterprise Products Partners LP, valuations and shares can increase if the economy cooperates. Still, the company is paying 45 cents per quarter in distributions, providing a yield of 8%. So tell us, how can you miss it?
Hilton Worldwide Holdings
Founded by Conrad Hilton in May 1919, Hilton Worldwide Holdings manages and franchises a broad portfolio of hotels and resorts. Being an American multinational hospitality company, it has more than 584 hotels across six continents.
The hospitality industry is growing with time, and even after the COVID-19 bump, many companies are still striving, Hilton Worldwide Holdings being the firm favorite. The revenue and net income of the company have increased by 226.14% and 130% in year/year change, respectively.
As a rough fact, a share of Hilton Worldwide Holdings was around $100 at the start of 2021. And today, it’s smooth sailing at $126.
IEC Electronics
For over 50 years, IEC Electronics has been providing life-saving and mission-critical solutions to sectors like medical, industrial, aerospace, and defense. This company specializes in the custom manufacturing of complex assemblies.
Recently, IEC Electronics hasn’t been doing well in the stock market due to COVID-19. But as we are moving past the pandemic, the company has been gaining a grip in the market. And as a well-decorated company, it’s just a matter of time till the company’s stocks will start making waves in the market.
Intel
A CPU manufacturing company that needs no introduction-Intel has been designing and manufacturing technologies for cloud, smart and connected devices for ages. Recently, the company is set to launch production of its new Xeon server chip, code name Sapphire Rapids.
Reports are, the Sapphire Rapids project can be one of the ground-breaking leads of Intel’s Artificial Intelligence venture. And that can lead to the company once again claiming the leading spot in the computing sector.
With developments surrounding Intel, it’s one of the best long term stocks to buy right now.
JPMorgan Chase
JPMorgan Chase is an American multinational investment bank and financial services holding company. This company offers its expertise to the world’s most important corporations, governments and institutions.
Recently, JPMorgan Chase has won permission for full control of a securities business in China. Moreover, this company has also started integrating cryptocurrencies into its financial options.
Advancements in JPMorgan Chase such as above have intensely benefited the company and its investors. Speaking of benefit, this company’s stock was at $125 at the beginning of 2021, and as of writing this piece, it’s sitting at somewhere around $157. And it’s only going to get higher with time.
At Pinterest, you can discover ideas, recipes, style inspiration, and pretty much any type of information. This image sharing cum social media service was designed to share info via pictures, videos, and gifs.
After the pandemic, Pinterest has gained quite an audience. People from all over the world are now using the platform to share and discover brilliant ideas of all sorts. So finally, Pinterest is getting the attention it deserved.
With time, we think that the user base of Pinterest will only increase as there’s no going back once you start using the platform. And this only makes things great for investors in the long run.
PayPal Holdings
Are you looking for a stock that can potentially double or triple your returns? Well then, PayPal Holdings is one of the best growth stocks to buy now.
PayPal has been making some waves in the financial world. From introducing easy buying and selling of cryptocurrencies to making digital payments straightforward, Paypal is becoming one of the essential platforms for consumers and merchants worldwide.
Although second-quarter results haven’t been in favor of PayPal Holdings, the future of PayPal holds immense growth potential.
Oneok
Founded back in 1906, Oneok is a diversified Fortune 500 corporation based in Tulsa, Oklahoma. This company primarily focuses on marketing natural gas and related services in the U.S. Energy Services.
With a market cap of $23.26 billion, Oneok has significant dominance in the sector of natural gas marketing. And as we are getting past the pandemic, the value of Oneok stocks is increasing. For instance, the stock of Oneok was priced at around $37.50 at the start of 2021, and today, it’s at $52.
By looking at the trajectory of Oneok stocks, it’s one of the top stocks to buy now.
Microsoft
Microsoft is one of those few companies that have successfully reinvented itself in the challenging world of tech. From creating world-class operating systems to professional applications like Office suite, this company is a genius that has struck more than once.
Although not everything went the way Microsft wanted, they have been dominating their particular fortes for a long time. And that’s what makes this tech giant one of the best companies to invest in. As a matter of fact, Microsoft has been one of the best stocks in the tech sector of the past decade.
LyondellBasell
People only invest in flashy stocks that love to make the headline every once in a while. In essence, they forget about the stocks of the gritty industrial companies can turn out to be a game-changer.
LyondellBasell is a dirty plastic, petrochemicals, and refining company that’s far from making it to the headlines. But, there’s a catch. As the economy is rolling back to good old pre-pandemic days, industries like the company are likely to benefit. Making this company the contender of one of the best long term stocks to buy right now.
Wayfair
Formerly known as CSN Stores, Wayfair is an American e-commerce company that deals in selling furniture and home goods. But why would you purchase the stocks of a furniture company?
Due to the pandemic, people are getting more and more convinced by the idea of online shopping. This means the e-commerce sector as a whole is growing with every second passing.
In a similar fashion, Wayfair being an e-commerce furniture and home goods company is also getting its fair share of the e-commerce expansion. This can be confirmed by looking at the company’s year/year change in revenue, net income, net profit margin, and operating income, all of which are up by 100%.
Upland Software
Headquartered in Austin, Texas, United States, Upland Software was founded back in 2010. This company leads in providing enterprise software, helping companies in sales, marketing, and IT.
With the recent surge in remote work, Upland Software has been gaining quite popularity. Thanks to their quality services & products, many sales, marketing, and IT departments of various companies are reaching out to the company.
With the mass adaption of remote work, companies like Upland Software will only get successful with time.
United Parcel Service
Founded back in 1907, United Parcel Service is an American multinational shipping and logistics company. Shortly known as UPS, this company has grown to become a Fortune 500 company and one of the world’s largest couriers.
As we are shifting towards the trend of online everything, United Parcel Service is playing a huge role. Being one of the world’s largest shipping companies, UPS is one of the essential players in making the online trend possible worldwide.
In the upcoming time, stocks of UPS are going to increase, just like the adaption of online buying & selling. This makes the stock of UPS one of the best long term stocks to buy right now.
Twilio
Cloud communication is getting bigger day by day. Businesses all around the world are now using cloud communication for sending & receiving SMS, MMS, voice, video, etc., to their customers programmatically.
Twilio is one of the top cloud communication-based companies that are strengthening customer relationships across various businesses in more than 180 countries. This company provides cloud communication as a service to its customers.
Twilio stock jumped 16% in the first half of 2021, and by looking at the current situation of the stock market, it’s only getting promising for Twilio. So you should be keeping an eye on the Twilio stocks.
Tennant
COVID-19 has pushed us all to stay clean and keep our environments cleaner than ever before. This has made cleaning-based companies the center of attention in the pandemic worldwide.
Tennant is an American cleaning company that provides industrial and commercial floor cleaning machines. This company was founded back in 1870, making it one of the most reliable cleaning machine providers in the US.
In the COVID-19 pandemic, stocks of Tennant have received quite a bump. And the trajectory is only going up with time, making the stock of Tennant one of the best long term stocks to buy right now.
Stryker
Medical-based sectors are the true center of attention since the outbreak of COVID-19. From virus studies to vaccine manufacturing, all medicine-based sectors are busy serving the world.
Stryker is one of the world’s leading medical technology companies that’s striving to make healthcare better. This company has made significant efforts to serve its customers and professionals with extraordinary support in the pandemic.
And that’s why Stryker has seen quite a positive change in its financial numbers. The company reported 42.9% sales growth from the second quarter of 2020. In addition, in terms of year/year change in net profit margin, the company has seen a 550% increase.
Stryker stock is one of the best stocks to buy right now and possibly for the long-term game.
Upwork
Upwork is a platform that connects talented freelancers with clients who want a reliable workforce without any formal commitment—a perfect place to invest when the majority of people are locked in their homes.
Expert analysts love Upwork stocks because of the growing adaption of working from home. This company is truly capitalizing on the whole remote-work lifestyle that’s booming worldwide.
United Airlines
The airline industry has been suffering since the start of the pandemic. United Airlines, which controls over 9% of United States domestic travel, has also lost billions of dollars in 2020. But, there’s a catch.
As vaccines are getting available and people are being vaccinated worldwide, the airline industry is gradually recovering. Meaning, you can buy cheap stocks of United Airlines right now and expect them to boom once the pandemic is over!
The Walt Disney Company
There are two reasons behind buying stocks of the Walt Disney Company, COVID-19 recovery and mass adoption of streaming content. First, once everything would be back to normal, the company’s travel-related would start booming. Similarly, cord-cutters from worldwide are joining Disney+ like crazy.
By buying The Walt Disney Company’s stocks right now, you get to take advantage of both of the company’s popular ventures-talk about killing two birds with one stone.
Gevo
Unlike other energy companies, Gevo primarily focuses on producing clean and renewable fuels using waste food, food scraps, and more. With the increasing use of non-renewable energy and its side effects, this company has been gaining quite the attention of airlines and fuel distributors worldwide.
As a result, Gevo stocks have seen an exceptional rise in 2021. And with future promising projects like Net Zero, the demand for Gevo stocks will only increase making it one of the best long term stocks to buy right now.
Bio-Rad Laboratories
Bio-Rad Laboratories doesn’t develop vacancies. However, the company specializes in manufacturing technology, equipment, and documentation that are required to make vacancies and therapeutics.
This makes Bio-Rad Laboratories sit at just the sweet spot, and their financial numbers check out the statement. In the first quarter of 2021, $661 million revenue was expected, but the company made around $726.8 million, making the company’s stocks one of the best growth stocks to buy now.
Apple
With a market cap of more than $2.12 trillion, Apple is one of the biggest tech giants in the world. Apple is known for introducing the world to top-notch products like iPhone, iPad, iMac, etc.
The financial numbers of Apple are straight-up world-class! Only iPhone revenue has shown a growth rate of 65.5% on a year-over-year basis. That’s not it. Out of 27 analysts covering Apple stocks, 20 have rated it as a buy.
Lastly, with Apple’s introduction of their custom ARM-based silicon processors, the company is only going to get huge in the stock market.
Amazon
Amazon is one of the enormous online retail companies that have become elite beneficiaries of the pandemic. Since June 2020, the company’s stock has climbed from somewhere around $2,545 to $3,500 per share.
However, it’s essential to note that Amazon’s success isn’t just dependent on the COVID-19 crisis. But the company is already making waves in other promising sectors like tech with their cloud offerings and more.
Witnessing the amazing journey of Jeff Bezos’s Amazon, why would you not consider its stocks to be one of the best long term stocks to buy right now?
Key Takeaways
Whether you are just getting into the stock market or you are already making some gains, the above twenty-eight best long term stocks to buy right now are the compelling opportunities to look into. Why? It’s because each of the stocks on our list falls into the hottest categories of the market.
However, you shouldn’t be blindly investing in anything by listening to any other person’s opinion. Doing your own homework related to a potentially life-changing opportunity is always the best bet.
So what are you waiting for? Use the information we have provided and combine it with your research to make the most of the current stock market’s situation.
