What are your Top 3 stock picks to buy for 2019?
Here are on my radar (Don't hold any yet), but will probably own 1 of these in the future:
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AT&T (T): Dividend >5%, P/E ratio at 11.28 (below average), and recently invested to gain streaming rights to show original movies and television series from Warner Bros., Turner and HBO. Taking into consideration the overall success Netflix, a successful launch could help charge up AT&T's share price, but this would be a slow process as competition will be fierce (Amazon Prime and Disney), and i doubt many people will be willing to have multiple streaming services accounts.
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Apple (AAPL): I believe apple will continue hitting new lows, the Chinese market has lost its appetite for apple cellphones, specially after Trump's Tariff and how pricey these devices have become.
Long term catalyst would be the introduction of 5G network (as I am hoping for AT&T) which should get a lot of people willing to upgrade their phone, apple also has the highest retention of cellphone users (~96%), but I want to see how they plan to regain the Chinese market or if they will expand to other emerging countries like china to continue its growth.
- Paypal (PYPL) - As more people prefer to buy online (E-Commerce), companies like Paypal, Visa and Mastercard are bound to benefit. In its last quarter, the company reported 15% increase of active accounts. It is currently trading at a higher P/E ratio than i'd prefer to buy it at, so I will be looking for significant dips in the future.
Please note that this is just my opinion, and wanted to share it to get your feedback and hopefully read what stocks you are planning to buy and why.
Submitted January 20, 2019 at 12:33PM by StockManager http://bit.ly/2ATtbhI
