Best Stocks To Buy On Cash App 2021

It’due south been difficult to lookout man the action in the stock market lately. The Federal Reserve, or Fed, is moving to combat aggrandizement at levels we oasis’t seen in more iv decades, and about financial experts concur that there’s a high probability of an economic recession in the near term.

Of course, the market is reacting. The S&P 500 is downwards more than 21% yr-to-date with the Dow Jones Industrial Boilerplate and Nasdaq composite falling more than than 16% and xxx%, respectively.

In times similar these, information technology’s hard to decide which stocks yous should buy, if any. Nonetheless, even when picking stocks feels similar you’re swimming through a sea of ruby, there are lush, green opportunities to have advantage of.

All-time Stocks to Buy Right Now

When the bears take hold of the market, it’s easy to 2nd-guess your investment decisions and difficult to find anything you lot’d be interested in piling your money into. However, no matter how blood-red the market is, there’s ever a glimmer of dark-green.

Where are those glimmers now?

The top stocks to buy now are large companies with a massive economic moat — a competitive advantage that keeps competitors from chipping away at them. Many of these are non-cyclical plays that offering potent dividends. And there are a few cyclical gems that risk-tolerant investors may desire to dive into for a discount on gains that seem all only guaranteed in the future.

Hither are some ideas for the all-time stocks to consider ownership right now. There’s a little something for every kind of investor.

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All-time for the risk-tolerant investor.

• Performance: Amazon.com’s stock price has fallen more than 33% twelvemonth-to-date (YTD) and more than than 38% over the by year.
• Dividend Yield: 0%
• Valuation
  
  
  Metrics: Price-to-earnings ratio (P/E ratio): ~53; price-to-book value ratio (P/B ratio): ~8; price-to-sales ratio (P/Due south ratio): ~2.3.
• Marketplace Cap: ~$i.152 trillion.

Tech stocks like Amazon.com are probable the last pick you’d look to detect on this list. The company operates in a highly cyclical manufacture and has given up nigh a 3rd of its value this year alone. There’s no question that some AMZN investors are frustrated beyond words at this point, but that’southward ofttimes the all-time time to buy.

Even through the recent selloff, the stock has maintained its position every bit a favorite among exchange-traded funds (ETFs) and common funds. What’s so exciting about this falling knife?

Amazon.com is an eastward-commerce giant with a clear power to weather economical storms. The visitor’s share price didn’t even flinch in the face up of the COVID-xix pandemic, likely because it benefited profoundly from stay-at-abode orders and store closures.

That’southward not the outset crisis the company has faced. Although it had its ups and downs, the company’southward stiff fundamentals carried it through the dot-com bubble flare-up and the Great Recession. And though the stock may be trading down at the moment, that trend isn’t likely to last forever.

If history is whatsoever indication, the company volition be sailing toward all-time highs again in no time flat.

The company as well has a potential bounciness back to greatness as fears settle. Throughout the majority of its being, Amazon.com has focused on razor-slim margins in the e-commerce space. However, its newer Amazon Web Services (AWS) cloud calculating offering is anything but a thin-margin offer. Margins on the AWS business are then big that they’re pushing the company’southward boilerplate margins to the roof.

All told, Amazon.com does face up some economy-related headwinds ahead, just information technology’due south nothing the company hasn’t already proven to exist perfectly capable of treatment. If you’re risk-tolerant enough to concord on through what may be a brusque-term rough patch and wise enough to dollar-toll average in the conduct market place, AMZN is a stock that’s worth your consideration.

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two. Devon Energy Corp (NYSE: DVN)

All-time for income investors.

• Performance: DVN is up more than 12% YTD and 84% over the past yr.
• Dividend Yield: ~nine%.
• Valuation
  
  
  Metrics: P/E ratio: ~11; P/B ratio: ~4; P/Southward ratio: ~2.75.
• Market Cap: ~$33.ix billion.

Devon Energy is an income investor’south dream. The company is the highest-paying dividend stock on the Southward&P 500. Devon Energy is an oil and gas powerhouse with a long history of stellar performance — and afterwards more than 80% growth over the past twelvemonth, the share price growth is expected to continue.

Income investing veterans may be thinking, “DVN is only paying dividends considering oil and gas prices are soaring.” But that’s non the example. The company has consistently paid potent dividends to investors for the past 29 years, even when oil and gas prices have been down.

It has a strong residual sheet and impressive credit rating. Even when the oil and gas industry isn’t so hot, the company has access to the money it needs to pay dividends.

Now may be the all-time fourth dimension to buy too.

The Organization of Petroleum Exporting Countries (OPEC), the earth’southward largest oil cartel, recently announced plans to boost oil production. The announcement sent DVN falling, giving up much of the gains it’southward seen this year already. Although the stock is up 12% YTD, it’s given up more than than 33% of its value in the past calendar month.

These declines aren’t going to terminal forever.

European nations are expected to ban more than than 2-thirds of Russian oil imports within the next year, which could send oil prices headed for the pinnacle yet once more. That’s peachy news for DVN and its investors.

Nonetheless, if you’re an income investor, chances are you’re not also concerned with cost appreciation; you lot’re more interested in the quarterly dividend check. When you invest in Devon Energy, you lot can remainder assured that meaningful dividend payments will come on schedule, just as they have for nearly 30 years.

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All-time for growth investors.

• Performance: Meta Stock has fallen more than 50% YTD and more 52% over the by year.
• Dividend Yield: 0%.
• Valuation
  
  
  Metrics: P/E ratio: ~12; P/B ratio: ~3.five; P/South ratio: ~2.75.
• Market place Cap: ~$453 billion.

Meta Platforms, formerly Facebook, is a favorite on Wall Street; it’s the quaternary most ordinarily found stock in ETF portfolios. Nevertheless, the past twelvemonth has been a tough time. Although that may send well-nigh investors running for the hills, it’southward actually an opportunity.

Meta is a growth stock by but about any definition. The company has had solid revenue growth for years, and earnings per share (EPS) growth was impressive until the well-nigh recent earnings written report. Moreover, the stock was known for tremendous cost appreciation until the rug was pulled from the tech sector as aggrandizement concerns set in earlier this year.

The declines have created an opportunity yous don’t see frequently — a growth stock that can make value investors drool. Meta is trading with a P/E ratio of effectually 12, while the South&P 500’s P/Due east is over 19. The stock’due south P/B ratio is also sitting at a five-year low.

Certain, in that location are a few short-term headwinds to consider, including:

• Weak
  
  E-Commerce
  
  Spending. As prices rise and recession fears mount, east-commerce and consumer spending will likely fall, which could weigh on the company’southward advertising acquirement.
• Transition to the Metaverse. Meta recently inverse its proper noun from Facebook in an effort to rebrand the visitor every bit the center of all things metaverse. This transition may come with some growing pains in the almost future.
• Economic
  
  Headwinds. Many experts are warning of a potential recession, which could eat into the visitor’due south acquirement and profitability in the curt term.

Even with these headwinds, Meta offers a unique opportunity to tap into a stock that has historically outperformed the market in a large way merely to do so at a steep discount to the current market value.

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4. H&R Cake Inc (NYSE: HRB)

Best for value investors.

• Functioning: HRB is upward virtually fifty% YTD and more than 54% over the by year.
• Dividend Yield: ~iii%.
• Valuation
  
  
  Metrics: P/East ratio: ~v; P/B ratio: ~123; P/Due south ratio: ~ane.4.
• Marketplace Cap: ~$v.8 billion.

H&R Block is a household name, offering do-it-yourself tax services every bit well as total-service tax professionals. It’s also one of the nearly highly-seasoned value stocks on the market.

First, permit’s address the elephant in the room — the 123 P/B ratio. Sure, that’s high by any standard. Nonetheless, information technology’south inconsequential to HRB. The company has few tangible avails because it’s in the service sector.

To get a true picture of the discount the stock trades at, just look at its P/E and P/Southward ratios, which stand at around v and 1.4, respectively. That’s low for whatever sector. Its P/E ratio is near a quarter of that of the S&P 500.

Across the seriously discounted valuation, HRB stock has significant entreatment in the current economic times.

All people eat, sleep, and pay taxes. Increasing interest rates and dwindling consumer spending may have a negative bear upon on other businesses, simply people notwithstanding have to file their taxes regardless of the land of the economy. HRB’south business model fares well even if a recession were to set in.

While other companies are looking for ways to cut costs headed into a recession, HRB is working on revamping its modest-business organisation product to increase profitability.

If that’due south not enough for you, the company even provides a prissy, thick layer of icing on the cake with a respectable three% dividend yield.

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5. ASML Holding NV (NASDAQ: ASML)

Best for banking on the microchip shortage.

• Performance: ASML shares have fallen ~45% YTD and ~37% in the by year.
• Dividend Yield: ~1.4%.
• Valuation
  
  
  Metrics: P/Due east ratio: ~41; P/B ratio: ~xviii.five; P/South ratio: ~9.
• Market place Cap: ~$184.28 billion.

At that place’s been quite a flake of involvement in semiconductor manufacturers like NVIDIA (NASDAQ: NVDA) and Advanced Micro Devices (NASDAQ: AMD) equally of late. A widespread semiconductor shortage is having a profound impact on nearly every manufacture from automobiles to computers and even healthcare.

However, companies like NVIDIA and AMD couldn’t survive without companies like ASML Holdings, a semiconductor equipment manufacturer that makes tools for the aforementioned brands and several others.

ASML Holdings enjoys a monopoly on the extreme ultraviolet (EUV) lithography machines needed to make the tiny patterns you find on microchips. They’re not only aesthetically pleasing either. The smaller and more complex these patterns, the more than information a flake is capable of processing.

These machines aren’t cheap either. ASML snags virtually $150 one thousand thousand in revenue every fourth dimension it sells one, and revenue is expected to climb ahead. Even with a potential recession looming, analysts are forecasting pregnant growth in earnings through the rest of 2022 and 2023.

The lesser line is simple. ASML holds a global monopoly on a tool used to create an in-demand product in a global supply shortage. Its tools are used to create the microchips car manufacturers, medical device manufacturers, and tech companies can’t seem to get enough of. Non to mention, recent declines in the stock have brought the share cost to a more than reasonable valuation.

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6. Exxon Mobil Corp (NYSE: XOM)

Best for combating inflation.

• Operation: Exxon Mobil stock is up ~33% YTD and ~38% over the past year.
• Dividend Yield: ~4%.
• Valuation
  
  
  Metrics: P/East ratio: ~13; P/B ratio: ~ii; P/S ratio: ~1.2.
• Marketplace Cap: $357 billion.

Exxon Mobil is one of the biggest names in oil and gas, making it a great stock to combat inflation. Economists frequently use the cost of gasoline every bit a first-glance gauge of inflation. When gas prices start to rise, information technology begins a domino upshot. Shipping costs increase, which leads to higher end-consumer prices.

That’s why Exxon Mobil is one of the best stocks you tin can purchase to combat inflation.

The company is the largest gas station chain in the U.S. As prices rise, Exxon becomes a direct beneficiary that rakes in ever-growing revenues and profits. Sure, the stock isn’t then impressive when gas prices are downward, but at the moment, it’s a slap-up play.

Exxon isn’t just a gas station chain either. The visitor has its fingers in all streams of the production process, from drilling crude oil to refineries to selling the end product directly to consumers.

With gas prices rising to well over $4 per gallon, the company is adding plenty of free greenbacks flow to its residuum sail.

At the same time, XOM shares are more than fairly priced. The company’s P/E ratio is well below the average for the S&P 500 and its P/Southward ratio is approaching i. Add together in a yield of around 4%, and we take a winner, my friends.

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7. UGI Corp (NYSE: UGI)

All-time for risk-averse investors.

• Performance: UGI has fallen ~15% YTD and ~16% over the last year.
• Dividend Yield: ~3.75%
• Valuation
  
  
  Metrics: P/E ratio: ~xv; P/B ratio: ~i.4; P/S ratio: ~0.9.
• Market Cap: ~$8 billion.

Many investors’ opinion on risk has changed since the bear market set in. If you lot’ve become more than risk-averse and want a stable utility play with great dividends to fill the void in your portfolio, UGI is a compelling pick.

The company is a regulated natural gas and propane benefactor with a history that spans well over a century. Information technology has consistently paid dividends to investors for 138 years and raised its dividend payments for the past 35 years consecutively.

That means that fifty-fifty in 2001 when the dot-com bubble popped, in 2008 and 2009 when the Great Recession took concur, and in 2020 when COVID-xix reared its ugly head, UGI investors enjoyed dividend increases.

Sure, the stock toll has had a painful fall over the past year, simply its declines are nevertheless a meaningful beat compared to the S&P 500’s losses.

Moreover, the company’due south growth metrics suggest contempo declines volition be short-lived. In the about recent quarter, UGI produced 34%+ acquirement growth, ninety%+ net income growth, 85%+ diluted earnings growth, and 42%+ internet profit growth.

When you lot invest in UGI, yous’re investing in a company that has more than than a century under its chugalug — one that hasn’t missed a trounce on paying investors dividends in all that time and has a history of outperforming the South&P 500 in bear markets.

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8. Duke Free energy Corp (NYSE: DUK)

Best for recession-proofing your portfolio.

• Functioning: DUK stock has grown ~ii.75% YTD and ~6.5% over the last twelvemonth.
• Dividend Yield: ~3.vii%.
• Valuation
  
  
  Metrics: P/East ratio: ~20; P/B ratio: ~two; P/S ratio: ~iii.
• Market place Cap: ~$81.9 billion.

Duke Free energy is one of the largest electric utility providers in the The states. The company serves more than vii.7 one thousand thousand free energy customers and more than than 1.6 million natural gas customers across vi states.

There are three compelling reasons to consider investing in DUK in a bear market:

1. Consumer Habits. When the economy takes a hit, consumers spend less, but they only about always pay their utility bills. That makes DUK a great investment in a recession.
2. History. The company has historically outperformed the Southward&P in the face of multiple economic hardships.
3. Stability Over Growth. The company has seen some impressive growth in recent years just management’s core focus is on the stability of the business concern, making information technology a depression volatility play.

Truth exist told, there’south non much to say about Knuckles Energy. It’s not a sexy business, it doesn’t take a ton of growth prospects, and it’southward not likely to make yous rich any time before long. Only what information technology’southward not doing just serves to outline what information technology is doing.

Knuckles Free energy is continuing its mission to provide its customers with quality, fairly priced services. As information technology does, it gives its investors stable returns, consistently paid dividends, and an easier time going to bed at night regardless of the state of the economy or broader market.

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Final Word

The stocks above are some of the best to stand up behind as the declines in the marketplace continue. Considering the state of the market place, every one of them is a large-cap stock, and almost follow a more than reserved investment strategy.

Though these are my favorite picks for investors looking for different options, y’all have your ain unique gamble tolerance and investment goals. Never blindly invest in stock picks yous read nigh online, not even the picks above. Do your ain inquiry and make educated investment decisions based on what you learn and how it relates to your unique situation.

Disclosure: The author currently has no positions in whatever stock mentioned herein but may purchase shares of Devon Free energy (DVN), H&R Block (HRB), ASML Holdings (ASML), UGI Corp (UGI), and Knuckles Energy (DUK) within the next 72 hours. The views expressed are those of the author of the article and non necessarily those of other members of the Money Crashers team or Coin Crashers every bit a whole. This article was written by Joshua Rodriguez, who shared his honest opinion of the companies mentioned. Notwithstanding, this article should not exist viewed equally a solicitation to purchase shares in any security and should only be used for entertainment and informational purposes. Investors should consult a fiscal advisor or practise their ain due diligence before making any investment decision.