6 Things to Watch for in 2020 for Safer Income & Growth
December 16, 2019 (Investorideas.com Newswire) When aiming for a safer income and growth as well, you may have a difficult time deciding what exactly you should be looking at.
When it comes to investors and investing, having a safer income can imply doing very different things than when trying to grow financially. However, some investors try to do both.
Therefore, they need to identify the investments that can assure them of the things mentioned above without risking anything in terms of finances. As a result, today, we decided to point out for you six things that you should be watching for in 2020 if you want to achieve growth and safer income - in terms of investments, of course.
The CBD Market
Believe it or not, the CBD market is expected to reach a value of more than $22 billion by 2020.
Given that the substance can be used as medicine for a lot of affections - including products like CBD for anxiety, as well as for beauty, food, and beverage products, the industry is said to experience a boom similar to that of Bitcoin.
Even though the auto industry is seeing a lot of competitors, General Motors seems to be able to stay at the top.
The company has a market cap of roughly $45 billion, comes with a very solid balance sheet of around $24 billion in marketable securities and cash, and can generate free cash flow.
Moreover, General Motors stock yields 4.6% and trades for six times forward earning projections!
Walgreens Boot Alliance
WBA, with a market cap of $73 billion, is the largest retail pharmacy in Europe and the US - they have a presence in more than 20 countries. They may also be one of the retail pharmacies to incorporate CBD-based medicine in their list of products.
With more than 13 thousand stores, the company is the largest purchaser of prescription drugs in the world. Their dividend yield currently stands at 2.3%.
Bitcoin is still going strong. After all, it comes with a market cap of $112 billion. This cryptocurrency should be the main asset for everyone's crypto portfolio.
Currently, the coin seems to have stabilized itself at around $6k, which is more than just impressive - given the lows (as well as the highs) the cryptocurrency had.
Even though Square comes with a medium market cap - $30 billion, we must take a look at the man behind it as well. Square, which is an alternative payment technology, is run by the CEO of Twitter, Jack Dorsey.
On top of that, Square is known as one of the few platforms that accept and also encourage vendors to pay and be paid in Bitcoin. Therefore, it is clear that this particular company will see growth as soon as Bitcoin's value increases.
It is definitely worth investing a little into it!
As you may know, Alibaba is pretty much the world's leader in terms of mobile and online commerce. Moreover, the company also plans to integrate blockchain technology into its operation.
This could make Alibaba stocks go for much more than just $180 each, as they stand now.
The Bottom Line
If you want to achieve a safer income as well as growth, then we recommend adding those mentioned above to your investment portfolio. Some of them may disappoint our expectations, but - given their current condition - they are worth a look!
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