American stocks have been an interesting source of profitability. When the analysis is based on track records and technical and fundamental analysis, we see that we are talking about interesting companies for investment.
The best US companies are listed on the New York Stock Exchange. There are thousands of stocks, so it will be useful to compare the different stock market indices:
- Dow Jones Industrial Average: this is a stock market index that measures the movements of the 30 largest companies listed in the USA.
- Nasdaq: is an index composed of the best technology companies.
- S&P 500: based on the capitalization of 500 large companies listed in New York.
Best American stocks
With truly important data, such as the enormous growth it has shown over the last ten years, Amazon is ranked the best American stock to buy.
The company’s data is high enough to speak for itself. We are talking about an environment in which prime subscription services are counted in the hundreds of millions globally. In the case of the United States, 100 million annual subscribers.
The company’s services have been expanding from commercial traffic to multimedia services and divisions in areas such as even gastronomy through Whole Foods.
If the name Alphabet doesn’t ring a bell, knowing that it is the firm that owns Google’s shares is enough to explain why it is on this list of the best stocks for 2020.
The search engine’s market share is simply overwhelming at 90%. It has turned the company into a money-making machine, which has led it to diversify into various environments.
From the acquisition of Youtube at the time to being the leading video platform in the market. It also includes other environments such as Android and lesser-known areas such as robotics, artificial intelligence, virtual reality, etc.
The presence of Facebook shares as one of the best American stocks to consider does not require much more explanation than the company’s performance.
Facebook’s dominance of social networks is overwhelming through its initial proprietary platforms and successive acquisitions, most notably Instagram and WhatsApp.
All this generates an environment in which, between the company’s four main platforms, around 1 billion users interact every month. This means that one-seventh of the world’s population interacts with the company’s products monthly.
Netflix’s evolution over the years has made it one of the leading companies in the audiovisual and entertainment sector.
Even in today’s competitive environment, with the various platforms that have joined the streaming market, the company dominates the market. Moreover, Netflix’s share value and earnings grow at appreciable rates year after year.
It is a firm that had grown when others were suffering from the pandemic. In this case, the reasons seem obvious: with people confined to their homes, the level of hiring has risen more than noticeably.
Tesla shares are among the most in-demand in the world. This increased demand necessitated a stock split, which investors well received.
Despite a fairly high P/E, the opportunities to invest in Tesla are very profitable, thanks to the booming electric car market. This renewable energy company has been one of the best in recent years.
Elon Musk’s company has active balance sheets and new car models ready to be launched on the market: that is why buying Tesla shares remains an excellent investment option today!