The stocks market has bounced back as the world economy slowly gets back on its feet and is expected to touch new highs in the second quarter. For auto manufacturing, energy, and technology firms increase is predicted on the back of strong growth. Insider Monkey looks at The 10 Best NASDAQ Stocks to Buy Now.
The stock market hit all-time lows in March 2020 before recovering at the end of the year. The tech-heavy NASDAQ Composite Index gained over 45% during that period. Earnings and revenue for companies leading in research and development will grow faster than the average business in their industry. Caution is still required before betting on these firms. Long-term trends should always be analyzed before investments are made in a sector.
Moderna, Inc. is a Massachusetts-based pharmaceutical firm that mainly develops drugs and vaccines based on messenger RNA. Intel Corporation is a California-based multinational firm that designs, manufactures, and sells computer products, networking services, data storage equipment, and communications platforms.
Microsoft Corporation is a US-based multinational software and services company. eBay Inc. is a California-based e-commerce website that facilitates sales of all kinds of items globally. For more details, read The 10 Best NASDAQ Stocks to Buy Now.
