3 Stocks I’m buying Now Until The End Of August 2020

With businesses shut down in recent months, it is obvious that this is a result of the negative impact of the pandemic. This has affected many things, including the stock market. Although there might not be the rapid growth of wealth for some certain stocks, there are certain stocks that had done exceedingly well, even when everyone thought there would be a fall in its value.

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In this post, I will be revealing to you the three stocks I added to my portfolio recently. In the last few months I’ve been keeping a diary of stocks I’ve been buying and what I recommend to others. You can check out my video stock I’m buying in June and stock I’m buying in July. Of course, you can expect to see the stock I will be buying in September.

These stocks on my list have all done wonderfully well in July, and I believe they have deserved a place in my portfolio. They also have great potential which I love. Please be always reminded that this is just my recommendation. In no way are you mandated to follow this neither am I saying that other stocks are not worth it. Also, be informed that the information you will see are all current for the 1st day of august 2020. Okay, let’s begin.

Berkshire Hathaway

There is a little risk, though, since the end of 2018, the company has had a lot of shakey periods, but they have remained strong, which is what I like in a company, the ability to stay strong even in the worst moments. Also, the company is a hub for diversification. What more can an investor want than a hub for diversification? Now let’s not even mention that you get Buffet himself as an investment manager. Excluding all the personal reasons why the stock is a great choice for me, I should say that the market acceptance of this stock is large, they received dividends from many companies, and their capital and revenue have been enticing for years. In my opinion, buy now and thank me later, no matter how bad things get you can’t lose from the company.

Cirrus Logic Inc (CRUS)

They are a company I genuinely see a bright future for. First of all, they have a demanding product, then their client list is huge, and finally, there is a great future for them in a world of technology. I have them already in my portfolio, but they will remain there except a drastic change happens, which I doubt greatly. I know that the company, for now, isn’t as big as say Birkshire, but what I love is the growth potential. It just means that in five or ten years, this company is not going to run down if anything I suspect that there will be immense growth in its value, its returns and everything else.

Nordstrom Inc (JWN)

Also, shopping through their online platform, nordstrom.com has made shopping easy for its customers. In the last few weeks, this company amassed more new customers due to their outstanding services that are being rendered during this pandemic. Talking about the recent feat Nordstrom achieved, there’s the likelihood of their profit going down by just 10 per cent. With companies reopening and businesses returning to usual, it can be scary for them. But in my own opinion, I don’t see this company going under any time soon.

They have proved themselves during this period as a company that can survive the test of time. According to the group of some selected stocks ranking on social media, they have outstandingly performed well. The market performance of the company has been so wonderful that investors are all turning to it. With a market cap of $2 billion, they are in for business. Although the stock went down of late, it is expected in the next coming years that the net profitability level will drastically rise.

I am also of the opinion that as regards the dividends stock, the dividends will return for the stock, in the end, half 2021 or in the early period of 2022. This is because the company looks to have profitability each year. When they are back to comfortability, the dividends will come back without touching the preserved capital for the rest of the year. With proof that Nordstrom is going to be profitable, this has convinced me that the dividends and profits will be great.

With a consistent payment of 37 cents of each share, you buy from the company for multiple years. This is convincing enough that the company would pay dividends again. Although it might not be the exact amount being paid before on the past payments, there’s every possibility that it will be close. As regards Nordstrom stock, under $25 for a share appears to be a good value in my view. This is more convincing for me to add more to my portfolio. I am also of the opinion that if a share has a sales value of under $20 value, it isn’t bad. Taking a look at these stocks, I had no choice but to put some money and buy them in August.

Disney (DIS)

If the price of these stocks remains as low as 15, then I would be a consistent buyer. Also, with the experiences I have gained in the market for years, there’s a possibility that soon, there would be a rotation and change in prices. This may be around September or October, and a lot of funds would be under force to rotate some money into different sectors.

Conclusion

As I said earlier, there are so many great stocks which I believe you can add to your portfolio this month and if you would like to talk about it, you can leave me a comment. I will be sure to get back to you. But if you are looking for my opinion on stocks that although might not be shaking the world with their names, they are still able to do exceedingly well, then these are what I will list out. No stock is without its risks, but these I have written out have a lot of growth waiting for them, which is what any investor is looking out for. Remember to go through my channel for more links. Also, I would love to receive your support through likes. For those of you yet to subscribe, what are you waiting for? Don’t miss out. Thanks and see you next month.

© Lifestyle Tips by Antoaneta

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