Every trader has his or her own preferred style in trading. Some may opt for short-term trades, while some others are more comfortable with long-term investment. Here are four more promising stocks that can guarantee you long-term stability, as recommended by CNN!
CBRE (CBRE (CBRE))
CBRE is one of the leading real estate firms. Real estate is up on a lot of experts’ bet to thrive post-pandemic. CBRE, however, is already showing its potential during the pandemic. Upon its recent report, CBRE said to still see a strong market for office space, mainly due to tech boom. The rising demand in online shopping during the pandemic is said to be contributing a lot to commercial real estate’s fate too. CBRE mentioned that the demand for industrial buildings last year alone exceeded 2019’s figure. Spaces are mostly used for e-commerce warehouse.
JB Hunt (JBHT (JBHT))
Logistics company JB Hunt also noted a significant rise in demand during the pandemic. Food and medical equipment are two of JB Hunt’s biggest clients, which easily leveraged the company’s revenue and profits by the end of 2020. JB Hunt also voiced its attempt to embrace the future of transportation. According to CNN, the company revealed to be planning on testing hydrogen fuel cell trucks from GM and Navistar in 2020.
Ollie’s Bargain Outlet (OLLI (OLLI))
Just as the name implies, Ollie’s Bargain Outlet is the place for people who love big bargains. Ollie’s sells products which people further call “closeout merchandise”. This idea was well-received by consumers as well as investors, and Ollie’s easily became the haven for consumers on a budget. Accordingly, the store noted a 15% surge in the most recent quarter and plans to expand its brand further by purchasing old Toys R Us locations which closed down due to bankruptcy.
Sleep Number (SNBR (SNBR))
Everyone seems to have come into the same realization during the pandemic: the importance of bed in our life. As one of the most sought after high-end adjustable mattresses and beds, Sleep Number has recorded a significant rise in its earnings and sales. Even better, Sleep Number might still thrive further. Wall Street experts forecast a 20% incline in Sleep Number’s average annual earnings for the next few years. Care to invest in them?