Top 5 of the Best Stocks to Buy in 2020

Friday October 16, 2020

Top 5 of the Best Stocks to Buy in 2020
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A lot of companies in 2020 have achieved remarkable growth and are still expecting to earn higher revenues. Here we take a look at some of the best businesses that are present in different sectors and have also achieved substantial growth in recent years. Keep reading to find out who made it on our list.

LPP

This is a famous Polish manufacturer and home to notable clothing brands, including Reserved, Sinsay, and House, among others. The company gained a successful reputation with over 1,700 stores across 20 countries.

The Polish brand has collaborated with many celebrities like Irina Shayk, Kendall Jenner, Jourdan Dunn, among many others. When it comes to the revenue of LPP, it has had an increase in sales by 13.56% and revenue of 9.14billion PLN in 2020. The market capitalization of LPP is 12.79 billion PLN. Currently, the price of the LPP shares approaches 7,005 PLN.

AstraZeneca

AstraZeneca is a leading British — Swedish pharmaceutical company, headquartered in Cambridge. They mainly focus on the research and development of prescription drugs, while the company mainly works in three areas — cardiovascular and metabolic disease, oncology, and respiratory. It has over 10,000 employees in 100 countries across the world. The company has a market capitalization of £110.35 billion; it has had an increase in sales by 11.57% and revenue of £5.05 billion in 2020. At the time of writing, the AstraZeneca shares are £8,354.

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Netflix

It was founded in 1997, and since then, it has become a renowned streaming entertainment service. As a well-known American media services provider, it has over 193 million subscribers in more than 100 countries. Netflix has become one of the largest companies by market capitalization in 2020. More specifically, the company has a market capitalization of $229.61billion, and revenue of $6.15 billion. The sales also increased by 24.89% in 2020. At the time of writing this, Netflix shares are $505.87.

Rio Tinto

Rio Tinto is one of the largest mining corporations worldwide, formed in 1873. This Anglo-Australian corporation has over 40,000 employees and facilities in over 140 countries around the world. One of its main operations includes the extraction of minerals, but also the production of aluminum, uranium, copper, and diamonds. In 2019, the corporation had revenue of £33.84 billion.

Moreover, the company will also work on the production of low-carbon beer cans made out of aluminum for Anheuser-Busch InBev (AB InBev). Otherwise, according to the latest financial data, the company has revenue of £15.38 billion and a market capitalization of £78.02 billion. You can purchase Rio Tinto shares at £4,635.

CD Projekt

CD Projekt was founded in 1994; Warsaw, Poland, and initially, they distributed foreign releases in Poland. Today this is a globally renowned brand that has developed famous titles like the Witcher video game series and Cyberpunk 2077(which is set to be released in November 2020). This is an award-winning company that has received many accolades for the 'Witcher 3: Wild Hunt' and has attracted even more fans around the world. CD Projekt has over 1,000 employees, a revenue of 171.03 million PLN, and its sales have also increased by 28.11% according to the latest financial data in 2020.

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