Question

WHAT ARE THE BEST 7 STOCKS TO BUY ASAP LIKE RIGHT NOW? AND WHY

Answer 1

Microsoft (MSFT)- Microsoft stock has reached a double-bottom purchase stage of 175.10. This came a couple of days after reclaming the 50-day first. MarketSmith's review shows that Microsoft undercut the main technological benchmark on 27 Feb. Its stock slipped after Microsoft warned the coronavirus pandemic would harm sales for the current quarter. Microsoft stock's relative strength line provides yet another cause for optimism. This is just off all-time highs, and during the coronavirus epidemic it was climbing strongly. The RS line, which is the blue line in the charts below, tracks the performance of a stock versus the S&P 500.

Domino's Pizza (DPZ)-Despite a challenging overall market, Domino's stock continued to hold up well, and is now in a buy zone after breaking out of a cup-with-handle base with a 353.52 entry. In the coronavirus crisis, restaurants only shut down or move to delivery by option or by legal orders. Yet distribution is practically the entire business of Domino and it has gained. Meanwhile, it could be that many people who used to go out to eat will order in. Domino's Pizza is well positioned to profit from it, or at least keep it up well. Domino's is rushing to add staff to meet pandemic demand.

AMD (AMD)- The AMD stock also holds a perfect 99 Composite Ranking. AMD profits and revenue have risen for the past two years, after two decades of declines. In the last quarter, AMD earnings per share rose by 300 percent with revenue increasing by 50 percent. New innovations and increased competitiveness fuelled its success.

Abbott Laboratories (ABT)-But Abbott is a central figure in the middle of the pandemic. A series of coronavirus tests were conducted at the medical outlet. Two are treatments to assess current infection with Covid-19. The third one will identify the virus-related antibodies to determine whether anyone has been infected before.

Fortinet (FTNT)-The cybersecurity stock has found its way past a 112.09 cup-with-handle base buy-point, but the breakout came on a low number.Fortinet stock's relative strength line is still near all-time highs since smashing into new high ground beforehand. Fortinet stock is a member of the prestigious list of IBD 50 firms. Partly because of its best-possible Composite Ranking of 99, it has earned a spot on the list. An EPS Score of the stock is a primary attraction for investors. It has top marks in this critical metric which gages the output of a company's earnings.

Apple- First off, Apple is a tech company's behemoth, with around $207bn in cash in late 2019. That means investors can be assured that Apple will survive the coming economic storm the coronavirus is making. The tech giant will have no trouble meeting its debt obligations and is, in fact, already using some of its cash to boost its business as it did with its Dark Sky weather app acquisition last month.

Shopify- Although Shopify's management recently said the company will reach or surpass its first-quarter revenue and adjusted operating income expectations, because of COVID-19, the company has suspended full-year expectations.But this e-commerce software business still has a lot of potential to come out of this crisis stronger than it had been before. That's because Shopify already has a large user base of over 1 million retailers using the company's platform and, once the worst is over for the economy, Shopify will be there to deliver its online services to help small businesses get up and run quickly.