The art of making money is no easy one, especially as evidenced by the fact that a lot of the world’s population wallow in abject poverty while a select few live in opulence. Everyone wants to break out of poverty and live a decent life. Are you thinking about where to put your funds in 2016 to reap higher profits? Here are the top 10 places to invest and make higher profits in 2016:
1. Arista Networks
Arista Networks (ANET) is a leading cloud networking solutions provider that helps large-scale internet companies with its innovative software solutions. It also caters its cloud computing solutions to data centers and service providers. Arista’s sales increased in the last reported second quarter approximately by 42% and it reported EPS of $.54 versus $.35 in the same quarter last year.
2. National Oilwell Varco
NOV designs, manufactures and sells components and equipment used in gas and oil drilling and production and is a global leader. The company is expected to expand from 7 to 9 billion creating opportunities and its current dividend payout stands at 4.3%.
3. Stage Stores
SSI is a specialty department store with 850 stores operating in 40 states. It is closing down its 90 underperforming stores and modernizing the remaining with loyalty programs and technology. With its solid liquidity and supporting cash flow of $350 million it is all set to give an attractive dividend yield of 5.6%. They remain one of the top ten places to invest in 2016.
4. Imax Corporation
IMAX specializes in motion picture technologies and presentations and provides complete cinematic solutions comprising of theater architecture, proprietary software, and equipment to create a high-end motion picture experience. The company has a network of 934 theater systems that operate in 62 countries. The latest sales report of the company reported increased sales of 35% and its EPS increased from $.25 to $.40.
5. Physicians Realty Trust (DOC)
Physicians Realty Trust (DOC) is a healthcare real estate company that acquires, develops, owns and manages health care properties leads to health care delivery systems, hospitals, and physicians. The company’s revenue reported an increase of 159% in 2015. Its net income lies at $3.10 million and it has a dividend yield of 6.2%.
6. Geo Group
Geo provides detention, correctional and community reentry services to 106 facilities in the United States, Australia, United Kingdom and South Africa. The company reported revenue of $445.91 million in the second quarter of 2015 and a net income of $28.33 million. Its dividend yield is 8% and it can be considered for high-risk long-term investors. This record puts Geo Group in the top ten places to invest in 2016.
7. Douglas dynamics
The company makes snow plows and is a seasonal business. However, its valuation and dividend yield make it an attractive long-term investment. It serves domestic market and isn’t affected as much by global economic problems or the exchange rate.
Supervalu is one of the largest grocery retailers and wholesalers in the US. The year 2014 wasn’t as good for the company with its slightly lower than expected sales but the next fiscal year started strong with increased sales and earnings in the first quarter. This trend is predicted to continue and you can make a safe bet investing your funds in this stock.
BXLT manufactures and markets products for the treatment of immunological diseases. Recently the company received a takeover bid valued at over $45 per share from a pharmaceutical company based in Ireland but Baxalta believes the price to be inadequate and there is speculation the company may raise its bid.
10. Wabash National
The final place on the list of the top places to invest in 2016 is Wabash National. WNC is a maker of semi-truck trailers and in the past four months, its shares have advanced by 4%. In 2015 industry ide trailer production is expected to increase by 14%. The per share profits midpoint is $1.3 which indicates a 46% growth. By early 2016 its stock may reach $20 if it meets its profit estimate of $1.29 and the P/E ratio reverts to 16.
These are some of the best stocks to invest in for 2016 if you are looking for higher profits. Remember that high-risk stocks yield higher returns and in the long term, all these companies show positive growth. Investing your hard earned funds is a big deal and before you put your money into any kind of Investment Avenue you must be certain it will pay you off well. With this in mind make sure you conduct thorough research before investing in any stock and make a wise decision with your money.
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