The significance of financial independence was one of the most important lessons learnt from the destruction wrought by the COVID-19 pandemic. Smart investors have hedged their bets by investing in stocks. Even in the midst of the volatility, several equities have outperformed the market as a whole. NVIDIA Corporation has risen as semiconductor chip costs have risen. Earlier this year, Mastercard Incorporated took advantage of the historic run in crypto-related stocks. A cryptocurrency trading platform has been launched by Goldman Sachs Group, Inc. Experts feel that the recent drop in cryptocurrency prices is simply a blip on the radar. The company has a long history of paying dividends and has a lot of room to develop.
Here is Insider Monkey’s list of the 10 best stocks to buy for financial independence. Intuitive Surgical, Inc. (NASDAQ: ISRG) is a medical robotics company based in California that was formed in 1995. It is the tenth best stock to buy for financial independence on the list of the top ten best stocks to purchase. The intuitive stock has provided investors with returns of more than 48 percent during the last year. Square, Inc. is a digital payments company based in California that was launched in 2009. On the ranking of the top ten stocks to buy for financial independence, it ranks ninth. Over the last year, Square stock has returned more than 150 percent to investors. Amazon.com, Inc. is a technology company based in Washington, D.C., that was formed in 1994. It is the eighth-best stock to buy for financial independence on the list of the top ten best stocks to purchase. Over the last year, Amazon stock has returned more than 33% to investors. Microsoft Corporation is a technology corporation headquartered in Washington, D.C., that was formed in 1975. On the ranking of the top ten stocks to buy for financial independence, it ranks seventh. Over the last year, Microsoft stock has returned more than 36 percent to investors. Teladoc Health, Inc. is a telehealth company based in New York that was created in 2002. In the last week, the company’s stock has returned more than 4.6 percent to investors. The company’s stock has soared in recent months as pandemic fears have kept patients at home, making telemedicine sessions more appealing. For more details, click 10 Best Stocks to Buy for Financial Independence.
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