The recent headlines about the market being in trouble may have some investors worried but don’t give up just yet. There is still plenty of time in 2016 to make good on your investments, as long as you have chosen the right stocks to purchase. Even though we are in a so-so market at the time, investors can still expect to see a mid-single digit percentage increase in stocks as a whole. And we all know that an increase is better than a decrease. Here are a few companies that you should keep your eye on in the near future if you want to invest your money wisely.
This company’s primary product is Humira, a drug that is used to treat rheumatoid arthritis and other similar medical conditions. Big pharmaceutical companies that are capable of reaching out to a global market will benefit long-term investors. This company has a 52 week high of $71.60 and a 52 week low of $45.45 while their annual revenue is $21.9 billion.
Another healthcare company that is making headlines is Acadia which runs the largest network of private treatment centers for mental health patients and addiction patients. They have 256 locations inside the U.S. and the U.K. As more people are gaining access to insurance and revenues, it is expected that Acadia’s profits will rise in 2016.
Bed, Bath & Beyond
This home goods retailer is a bargain hunters paradise and while it may have struggled some in the past to keep up with its competition, BB&B’s stock sells at 11 times expected earnings for the fiscal year that ends in February 2017. The chief investment officer at Bryn Mawr Trust believes that the home décor company has turned a corner.
This company designs software that helps employees of large businesses navigate throughout the complex world of benefits such as health insurance or life insurance. And even though the company has been losing some money, they expect to see revenues on the rise by 24 percent in the coming year.