The Most Popular Stocks in March

The Prime Minister has now outlined a roadmap to freedom, which has provided the UK with an understanding of how we will navigate the next few months in terms of easing the national lockdown.

But the pandemic has had an extremely detrimental effect on the economy and this has drastically affected stock trading throughout the world. Those who tend to keep track of the ups and downs of the stock market with the help of Qwer or similar online sources might have noticed how erratic the market has become. Perhaps the stock markets have fallen due to the fact that investors are experiencing concern about this impact that the coronavirus pandemic has had on the global trade market.

This may be an uncertain time, but the key to successful stock and Forex (FX) trading is to do your research and be patient. To help you on your journey, this article will advise you on the best stocks to invest in this March.

Goldman Sachs (NYSE:GS)

In recent years, high value stocks have been difficult to find. This is largely because of record GDP expansion. The current resurgence that we are experiencing is influenced by the pandemic’s effect upon the economy and market volatility. Goldman Sachs is one of many companies that has fallen below its intrinsic value, making it a smart investment for March.

In the fourth quarter of the financial year, Goldman Sachs was thriving. It had generated $4.5 billion in net earnings, which, compared to its fourth quarter of last year, was an increase of over $4.69. It also experienced a 17.6% increase of earnings per share in 2020 and revenue had amounted to $44.5 billion.

Goldman Sachs is also an attractive prospect because of its versatility. Investment banking makes up 21% of their revenue, with the remaining revenue falling under global markets, fixed income and equity trading (48%), asset management accounts (18%), and consumer and wealth management (13%).

Goldman Sachs is currently in an attractive position and should continue to experience growth in the long term. If you’re looking for a high-value investment, now is the time to invest in Goldman Sachs.

The stock market worldwide has been affected in multiple ways since the start of the pandemic. If you were curious about keeping track of stock prices in different countries then you may want to use a website similar to www.aktiencheck.de, or one that is relevant to the countries where companies you are potentially curious about buying stocks in are based. There are many different companies both in the UK and worldwide that may be worth investing in during this time of unusual activity.

PayPal (PYPL)

If you’ve been purchasing goods from small businesses online this lockdown, then you’ve probably used or should have used a PayPal account, to provide you with some additional buyer protection.

PayPal’s network of clients is expanding at an impressive rate, and its profitability is also increasing. The company is placing a large focus and investment on projects that promote its expansion for the future. PayPal is one of many online platforms that have thrived throughout the course of the pandemic and its impressive revenue growth is a testament to this.

Unlike its younger competitors, PayPal isn’t a high-risk investment. Its revenue growth is staggering and analysts have predicted that this will continue into 2021, with an 18.7% growth. They also anticipate that in 2022 it will reach 19.3%.

The company has some exciting plans in the pipeline. This includes introducing QR code scanners into physical stores, expanding its influence beyond the online payment world by breaking into the physical retail experience.

As PayPal is high-quality stock, its premium price reflects this. Although, if you’re planning on holding onto your investment for the long-term, it could be a valuable asset to add to your portfolio. Online spending will only continue to increase and e-commerce is taking over the world, therefore PayPal seems like a reliable investment for the future.

Our lives have been plagued by the coronavirus pandemic for over a year now, but with the roadmap plan in place, the future is looking brighter. The future of the market is also looking up, with key indicators suggesting that momentum could be strong for financial recovery in the coming years. Trading continues and by doing your research, picking healthy stock and applying an effective strategy, you could still make solid investments.