Investors wanting to profit from the stock market’s post-pandemic economic boom have begun to examine momentum exchange-traded funds, which reduce the risk of investing in individual plays while providing healthier and more consistent returns. In the second quarter, 87 percent of S&P 500 companies recorded a positive earnings per share surprise. The index’s price goal has been lifted by Goldman Sachs to $4,900 for 2022, up from $. According to data from the US Department of Labor, the economy added over 940,000 jobs in July.
Here is Insider Monkey’s list of the stocks on the rise and the 15 best to buy now. Moderna, Inc. is a biotechnology firm focused on the development and commercialization of medicines and vaccines. The company announced that it has struck an agreement with the Canadian government to establish a manufacturing facility there. Following the announcement, the company’s stock price increased by 17%. United Parcel Service, Inc. is ranked fourteenth. Over the same time period, the company’s revenue increased by 14% year over year to more than $23 billion. Capital One Financial Corporation is thirteenth on the list of the 15 best stocks to purchase right now. The corporation is situated in Virginia and owns and operates Capital One Bank. In the second quarter, it outperformed the market by $3.17. Tesla, Inc. is placed 12th among the 15 best companies to purchase right now on the list of stocks on the rise. As it ramps up investments in growth markets, the California-based electric car manufacturer faces competition from local EV manufacturers. Freeport-McMoRan Inc. is ranked twelfth on the list of the 15 best stocks to buy right now. The company has a market capitalization of more than $53 billion and sales of more than $5.7 billion. Goldman Sachs Group, Inc. is ranked tenth. The company is based in New York and sells financial services. It has been increasing the pay of the company’s junior bankers. Applied Materials, Inc. is ranked ninth among the 15 best stocks to purchase right now on the list of stocks on the rise. The company serves the semiconductor and display sectors with manufacturing equipment and other services. It is based in the state of California. For more details, click Stocks On The Rise: 15 Best To Buy Now.
