WFC’s earnings have also come in stronger than expected. Like many companies, Sony has faced challenges in 2020. At the same time, the closure of stores forced independent retailers to scramble online in order to save their businesses. That means choosing safe stocks to buy for the new year. Walgreens (NASDAQ:WBA) is having a bad year. Shopify is Canada’s most valuable company and one that benefitted from a pandemic double-whammy. The company also benefited from a year when people adopted dogs in record numbers. And now, as 2019 winds to a close, it’s time to start thinking about more defensive stocks. 3 Safe TSX Stocks to Buy Amid an Uncertain Outlook Despite a weak economic outlook, the Canadian equity markets were on a roll last month, with the S&P/TSX Composite Index rising over 10%. However, some folks tend to trade the headline and not think about the longer-term impact. Now that e-signatures are legal and in use, can you see anyone going back to the hassle of sending documents by courier? What’s more, investors have been so impressed by those numbers that they’ve pushed CHWY stock up over 20% since Dec. 8. Additionally, Venmo users transferred or paid $44 billion over the quarter — a 61% increase (Page 10). Things have changed though. In addition, Sony has become a prestige game development studio. Online shopping was through the roof. NVO stock is still down significantly from its all-time highs. The company just picked up a huge regulatory approval, adding a specific catalyst to the company’s already powerful demographic tailwinds. 1125 N. Charles St, Baltimore, MD 21201. The previous generation PlayStation sold over 113 million units. Very few of the reported lung problems so far have been tied to Juul or other credible regulated nicotine suppliers. In DocuSign’s case, the service is e-signatures. Copyright © It’s also certainly the oldest. Management intends to repurchase more than 10% of all outstanding WFC stock over the next year. New self-storage site building has slowed down dramatically. For example, total payment volume over its platform was up 38% YOY, while 15.2 million new user accounts were added. Here’s seven safe stocks that should be great buy-and-hold candidates for at least the next year. All rights reserved. And nothing has changed. As I’ve already discussed — amid a lockdown, store closures and the need to socially distance — consumers turned to online shopping a lot this year. Each has earned an “A” rating in Portfolio Grader, so you know they are primed for low-risk, long-term growth. Dating back to 2013, WBA stock has been merely flat during a raging bull market. It just got hit with another scare this past week, as JNJ stock slumped on news of a baby powder recall. 10 Cheap Dividend Stocks to Buy Today in 2021 Share . That report will include what are already record-setting holiday sales. With online shopping increasing and people reluctant to handle cash, those who had been holding off on using PayPal suddenly found it was a good idea to create an account. Games like “God of War” — which has sold 12 million copies since 2018 — are bringing in more revenue and giving the company a competitive edge. Tax-loss selling in particular can make for a great time to jettison some old positions and pick up more promising stocks to buy going forward. Meanwhile, check out the following report for the top 10 stocks to buy this month. The rising COVID-19 cases have led some provinces to … This, in turn, will ensure that Novo Nordisk has much work to do. Source: Eric Broder Van Dyke / Shutterstock.com, Source: designs by Jack / Shutterstock.com, Source: Sundry Photography / Shutterstock.com, The 7 Safest Stocks to Start Off 2021 on the Right Foot, Louis Navellier and the InvestorPlace Research Staff, the biggest tech revolution of this (or any) generation, A Play on the Biggest Scientific Breakthrough of the Century, What Did the Stock Market Do? Buying and selling stocks is a great way to profit from their capital appreciation, but you need to understand what you’re buying. AMD has also been making inroads in the lucrative data center market with its EPYC processors. Wells Fargo’s critics had slammed the company, saying management was untrustworthy and that the company couldn’t attract a competent outsider CEO. However, the thing about Chewy is that it doesn’t have a long history as a publicly traded company. Growth tends to come in stages for this stock, but if you’re in it for the long haul, you can count on AMZN stock to provide solid returns. The results of that confluence of online shopping and small stores getting online has been spectacular. Next on my list of safe stocks to buy for the new year is PayPal, another company that offers electronic services and saw adoption skyrocket during the pandemic. Three safe-haven, dividend-paying tech stocks that should help investors weather the current coronavirus storm. In PayPal’s case, its services are online payments. The sector has rallied sharply since I highlighted it recently. Short of some massive dietary and lifestyle changes, it’s hard to imagine a world in which the rate of diabetes declines significantly in coming years, given current demographic trends. Unlike Rogers Communications and BCE, Telus doesn't have a media division and instead has invested in business models that drive higher margins like telehealth and security. Instead, Sony’s videogame business has been a major driver of the company’s growth. So, look for Sony stock to stay on a growth trajectory and for the company’s new console to be the engine that drives that growth for years to come. In its latest quarter, the pet supplier reported net sales up 45% year-over-year (YOY) with improving margins and narrowing losses. By the end of 2020, people that bought Altria when it was cheap will be enjoying their dividends with the vaping scare already long forgotten. So, how can I be sure that it’s worthy of a spot on this list of safe stocks to buy for the new year? But that’s not all — adding to the AMD stock story, some of the hottest devices for the holiday season are powered by custom AMD chips. Companies with relatively low payout ratios – the percentage of earnings committed to dividend payments – were viewed as the safest dividend stocks to buy for 2019. It’s almost unbelievable that Wells Fargo (NYSE:WFC) stock remains this much of a value. [Editor's note: "9 Super-Safe-Growth Stocks for Long-Lasting Dividends" was previously published in October 2019. But it’s still a super-safe stock to buy and can be instrumental for your portfolio’s growth. Unlike Amazon, the platform allows retailers to retain their identity. As such, its dominance — plus the projected growth of the market — makes DOCU one of the best safe stocks to buy for the new year. Video streaming also got a big boost this year and Amazon Prime Video was able to meet demand. Don’t bet against Walgreens forever though. However, this hasn’t been a fluke, or a case of being at the right place at the right time with the pandemic. But now is the time to look forward and to avoid drama. More importantly, Sony shares have posted growth of 306% over the past five years. The market for e-signatures was projected to be worth $2.8 billion in 2020, with growth to $14.1 billion in 2026. Article printed from InvestorPlace Media, https://investorplace.com/2019/10/7-safe-stocks-to-buy-and-hold-through-2020/. Those include the new PlayStation 5 and Xbox Series X/S, which have been sold out continually this holiday season. DPZ is one of the safest dividend stocks to buy now if only because its business is positioned to benefit from this difficult scenario. Posted on Friday, January 22nd, 2021 by MarketBeat Staff. Shopify was the ideal solution for many of them. The 20 Safest Dividend Stocks to Buy in 2020 1. Since the 2008-2009 financial crisis, companies have stockpiled capital in response to regulatory demands. It also covers some important dividend stock metrics to look at, and some common mistakes to avoid. As interest rates have dropped, people are afraid of what will happen to banks’ profit margins. And this bad year comes on top of a series of mediocre ones. With next generation video game consoles being snapped up as quickly as they can be made, look for Advanced Micro Devices to enjoy a boost from all of that silicon. 4 Safe Stocks to Buy and Hold for the Next 4 Years The election won't impact the ability of these great companies to deliver for their shareholders. Those are two of the largest and most reputable financial firms in the country. This article is part of our monthly series where we highlight five companies that are large cap, relatively safe, dividend paying, and are offering large discounts to their historical norms. With the above characteristics in mind, here (in no particular order) are seven stocks or funds that should deliver strong returns over time and have low volatility: A major driver of the PlayStation 5 remains well-diversified with business operations spanning prescription drugs, consumer and... Companies on this list be worth $ 2.8 billion in 2026 results of that confluence of online and. 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