If you’re active in the stock market, then there are stocks that you should always monitor closely, whether you’re on Wall Street, at the office, or on the go. Watching the stock market is critical to identifying the best times to buy and sell. It can also help you track how well your business is doing — or how your competitors are doing. As such, you may want to consider using digital signage to monitor the stock market in real-time.
If you set up digital signage to track the stock charts, you’ll be able to check the NASDAQ or the Dow Jones at a glance — and never worry about missing an opportunity. With all that in mind, the following are a few of the best stocks to put on your watchlist, whether you own them or not:
As one of the world’s largest tech companies, Apple is a staple in most portfolios. Not only are its devices ubiquitous, but it also continues to dominate the smartphone and tablet market. There are even plans to release lower-cost versions of their iPad and iPhone in the near future. Not to mention that they only recently joined the streaming wars with Apple + and are investing in original content for their platform every year.
Yet another tech heavyweight, Alphabet is the parent company of Google. A massive amount of their profits come from search, no surprise considering that they have almost 93 percent of the global search engine market share. They also have a massive war chest, meaning that as far as tech stocks go, Alphabet stock is generally considered a sound investment.
Netflix is in an interesting spot right now. They are without a doubt one of the streaming giants; however, more and more competitors emerge from the woodwork every year. Netflix predicted this would happen, which is why they invested heavily into original content. However, stock prices have still fallen substantially over the past year in part because they missed their new subscriber target and reported a massive financing loss.
Changes will likely need to be made for Netflix to recover — but they’ve always been ahead of the curve in regards to the streaming wars. As such, you’ll want to keep a close eye on their stock.
It’s hard to bet against Microsoft. Recently, they were named the biggest company in the world with a $1 trillion evaluation (although this title seems to be traded back and forth between Microsoft and Apple). Not only do they have a grip on the desktop operating system industry with a market share of around 75 percent, but their grip on the gaming industry is tightening as well with their recent acquisition of Activision, giving them ownership of the multi-billion-dollar gaming franchise Call of Duty.
With Sony recently announcing the purchase of Bungie, many expect an all-out software development acquisition war between the two, making Microsoft a must-watch stock option (especially since experts believe a stock split may be coming soon).
As far as online retailers go, Amazon is king and it’s not even close. They’ve also been shown to be resilient, even when the economy is doing poorly. Just look at the Pandemic for proof: while every other business struggled enormously, business for Amazon boomed. They currently have over 200 million Prime members and their AWS services are thriving. Although their stocks had a few hiccups recently, it’s probably nothing to be concerned about as it’s in line with current market trends.
Finally, although Amazon has already begun to open up retail stores around the world, there are plans to expand their retail presence even more by opening stores that are similar in size to department stores, which means that they’ll be competing directly with the Walmarts of the world.
Tesla Motors Inc. (TSLA)
Tesla is the most valuable car manufacturer in the world and its stocks have skyrocketed over the past few years. However, their stocks are currently stuttering despite record earnings and profits. This is because there are some supply chain issues affecting the rollout of their electric vehicles.
Despite this, the world’s focus on the importance of clean energy makes Tesla a huge player and worth keeping an eye on. Not to mention that Tesla gets constant exposure, whether it’s because of their investment in cryptocurrency or their CEO (Elon Musk) constantly making the news (such as for showing up on Joe Rogan’s podcast).
These are some of the top stocks you should be watching. Even if you have a financial advisor who helps with your stock trading, you should still monitor the market closely, especially if you’ve invested in stocks that have shown some volatility. Additionally, if you don’t own any stock other than stock in your own company, it’s still worth following the market to see how your competitors are doing.