As a millennial, it is understandable that you would be apprehensive about investing, what with all the ups and downs in the market and economy that you have been experiencing in your lifetime. But some stocks are still worth investing.
Although company shares have suffered minor setbacks, they are likely to make a comeback. Google isn’t going away anytime soon, anyway. It has a forward price-to-earnings ratio of 18.0 and its stocks are priced reasonably. You have to admit it’s a combination with a positive outlook.
Apple has an attractive price-to-earnings ratio of 14.9 and sales that are only going on one direction—up. With more than 39 million iPhone devices sold, the company is stronger than ever, and has now established itself as a technology leader. As higher demands of the iPhone and other devices grow, buying stocks from Apple would be the best move to make.
As the largest public traded international oil and gas company in the world, Exxon Mobil remains an attractive source for stock options despite the drop of oil prices in the market. It has maintained a price-to-earnings ratio of 11.0 and is predicted to have an earnings-per-share growth of over 4% in 2015. What is even better is that the company doesn’t panic when oil volatility rears its ugly head, a lesson every investor must know and follow.
As a pharmaceutical company and the third largest generics prescription drug manufacturer in the world, Actavis is an ideal company to invest in. With its position in the industry, it is safe to say that they will endure compared with other pharmaceutical firms. But the real highlight is that its stocks are continuously growing and the company has made successful acquisitions, increasing its net revenue to over $3 billion.
Other stocks worth investing in include eBAy, Kellogg, Rocket Fuel and Bank of America.