So far in 2018, the markets are looking a tad wobbly. There is talk of possible interest rate hikes and a potential global recession, but that doesn’t necessarily have to stop perspective investors from dominating the stock market. In order to find a good investment, you need to know the markets well and do your homework before you decide to invest. Here are a few companies that are looking promising for 2018:
Live Ventures Incorporated, they are a publicly traded company on the NASDAQ Capital Market. LIVE achieved close to $18 Million in net profit in 2016. $120 million assets and over 1,200 employees. Wall Street has a close eye on (LIVE) because they are aware of the growth potential and that is why they have been buying a lot of (LIVE) stocks. The reason behind Wall Street buying these stocks is because (LIVE) recently announced that they will be acquiring $65 million per year, it is estimated that their revenues will rise 42$ on an annualized basis. They also hit a company record of $152 million in revenues which is a 92% increase from the year before and earnings per share increased by a whopping 988% since its acquisition of Vintage Stock in 2017. Wall street knows that the current share price of $13 per share is extremely undervalued and is worth over $30.
UnitedHealth Group Incorporated is one of the largest U.S. insurance companies, UnitedHealth is stepping up and looking very attractive to buyers. The company just bought Banmedica, a Chilean health for $2.8 billion. Michael Wiederhorn who is one of Wall Street’s best analysts has a $260 price target on UnitedHealth. UnitedHealth has full support from wall street and in last couple months, the company has received 9 buy ratings from analysts. Meanwhile, the $269 average analyst price target shows us that there is a 18% upside potential from the current share price.
“UNH is well positioned by virtue of its diversification, strong track record, elite management team and exposure to certain higher growth businesses.” – Oppenheimer analyst, Michael Wiederhorn
Ashford Hospitality Trust (AHT) is a real estate investment trust with a portfolio of 121 properties. The Marriott, Hilton, Starwood and Hyatt are some of the properties in their portfolio. Ashford reported second-quarter 2017 financial results of $134.1 million, it has increased by 1.4% from the previous year. Adjusted earnings before interest, taxes, depreciation, and (EBITDA) for the same period was $125.5 million which decreased by 5 .5% from the previous year. Funds from operations were $58.8 million and $0.52 for shareholders. This investment is suitable for medium-risk portfolios with tax-deferred strategies.