Experts believe that despite the uncertainty on the stock markets today, some stocks are extremely promising for investors.
By Adedamola Bada
Updated
3 mins read
Analysis streaming out from Wall Street suggests that the year 2020 has a lot of profitable stocks available for investors who choose such companies as Facebook, Verizon, and McDonald’s, among others.
Recent operational changes within McDonald’s in terms of innovation and marketing have made the company’s stock an attractive investment choice in 2020. McDonald’s has released a new advertising campaign for the first time in many years and is also making plans to roll out a stronger breakfast menu, in addition to an upgraded chicken sandwich delicacy. Furthermore, the fast-food chain, which is known to constantly make improvements on its tech, has launched a digital customer engagement team to enhance its relationship with its customers.
McDonald’s, a fast-food restaurant chain, was established in the 1950s to make access to quality foods easy and quick for people. The foods include chicken sandwiches, burgers, coffee, pies, ice cream, fried potatoes and lots more.
As the U.S. warms up for yet another election, Facebook will most definitely be on everyone’s lips again. Facebook is one of the companies that are not new to criticism. And now it is presently at the receiving end of it from people who believe that it is wrong for the company to allow political advertising on its website without adequate fact-check. This came after Facebook announced that only a few political ads would be allowed for people to see on its website this week.
All the same, analysts are of the opinion that a lot of money will be generated by the company from political advertising as elections draw nearer, leading to a very profitable for Facebook 2020. Also considered in the analysis is a live video feature from the company called Facebook’s Stories, which has the potential of attracting more ads viewing.
Facebook is a social media giant where users can chat live, comment on topics, watch short video clips, post news links, and share photographs.
Analysts have commended Verizon for its current strategy and plan which has found a way to remain within the company’s original plan of being a connectivity and network provider. Refusing to be deterred by the new projects of its competitors, which includes ventures into media and content, Verizon has remained all about the network. All these and the company’s fiber roll-out have led analysts to conclude that Verizon will achieve important milestones in 2020.
Verizon is an American company that provides cable, broadband, and wireless services. It also happens to be the country’s largest wireless communications service provider. Its establishment came as a result of a lawsuit involving the U.S. Department of Justice and AT&T.
Among other stocks that experts believe to be very promising in 2020 are Estee Lauder, Simon Property Group, and ViacomCBS.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
Damola is a crypto enthusiast, marketer, and writer who is seeking to achieve career excellence through positive contribution to the organization that aspires for excellence.
