3 pricy stocks to buy now
Hello all investors, this is a report of three stocks that seem to be very expensive but are actually very worth it and you should buy them or add them to your watchlist and look at their progress.
Stock 1: Tesla Inc. (Ticker: TSLA)
Current Price : 238.40
52-Week Range: $108.10 - $309.07
Market Capitalization: $688.74 billion
Overview: Tesla is a renowned electric vehicle (EV) and clean energy company led by Elon Musk. The company has played a significant role in transforming the automotive industry and promoting sustainable energy solutions.
Reasons to Consider Buying:
EV Market Leadership: Tesla is a pioneer in the electric vehicle market, with a strong brand and a loyal customer base.
Technological Innovation: The company's innovative technologies, such as advanced autonomous driving features and battery technology, have set it apart from competitors.
Global Expansion: Tesla's global presence and expansion into new markets, including China, Europe, and upcoming projects in other regions, offer substantial growth potential.
Clean Energy Synergy: Tesla's involvement in energy storage and solar power complements its EV business, positioning the company to benefit from the clean energy transition
Stock 2: Amazon.com Inc. (Ticker: AMZN)
Current Price : $134.60
52-Week Range: $84 - $142.22
Market Capitalization: $1.76 trillion
Overview: Amazon is a multinational technology and e-commerce company that has diversified into various sectors, including cloud computing (Amazon Web Services) and digital streaming (Amazon Prime Video).
Reasons to Consider Buying:
E-Commerce Dominance: Amazon is a leader in the e-commerce space, benefiting from the growing trend of online shopping.
AWS Growth: Amazon Web Services (AWS) is a dominant player in cloud computing, contributing significantly to the company's revenue and profits.
Diversification: Amazon's expansion into multiple sectors reduces its dependency Stock 2: Amazon.com Inc. (Ticker: AMZN)
Current Price (as of August 31, 2021): $3,484.00
52-Week Range: $2,871.00 - $3,773.08
Market Capitalization: $1.76 trillion
Overview: Amazon is a multinational technology and e-commerce company that has diversified into various sectors, including cloud computing (Amazon Web Services) and digital streaming (Amazon Prime Video).
Reasons to Consider Buying:
E-Commerce Dominance: Amazon is a leader in the e-commerce space, benefiting from the growing trend of online shopping.
AWS Growth: Amazon Web Services (AWS) is a dominant player in cloud computing, contributing significantly to the company's revenue and profits.
Diversification: Amazon's expansion into multiple sectors reduces its dependency on any single market, providing stability and growth opportunities.
Innovative Ventures: The company's investments in artificial intelligence, voice technology (Alexa), and logistics enhance its competitive advantage
Stock 3: Nvidia Corporation (Ticker: NVDA)
Current Price : $465.03
52-Week Range: $112.27 - 474.94
Market Capitalization: $1.15 Trillion
Overview: Nvidia is a leading technology company known for its graphics processing units (GPUs) and AI-related products. The company's GPUs are used in various industries, including gaming, data centers, and autonomous vehicles.
Reasons to Consider Buying:
AI and GPU Dominance: Nvidia's GPUs are vital for AI and machine learning applications, positioning the company at the forefront of technological advancements.
Data Center Demand: The growth of cloud computing and data centers drives demand for Nvidia's GPUs, which excel in parallel processing tasks.
Gaming Market: Nvidia's gaming GPUs are widely popular and continue to benefit from the growth of the gaming industry.
Strategic Acquisitions: The company's acquisitions, such as Mellanox, strengthen its product portfolio and market presence
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
