Four stocks to invest in this year 2020

In this article, Investing Port is bringing to you a list of four stocks that we believe will perform excellently in 2020.

Stamps.com Inc (NASDAQ: STMP)

Stamps.com is a leading provider of Internet-based postage services. its service for postage online enables small businesses, enterprises, and consumers to print U.S. Postal Service-approved postage with just a PC, printer and Internet connection, right from their home or office. The Company targets its services to small businesses and home offices, and currently has PC Postage partnerships with Microsoft, EarthLink, HP, NCR, Office Depot, the U.S. Postal Service and others. Stamps.com provides easy, convenient and cost-effective Internet-based services for mailing or shipping letters, packages or parcels. Stamps.com (NASDAQ: STMP) was upgraded by investment analysts at Bidask Club from a “hold” rating to a “buy” rating. In 2019, Stamps.com had a twelve month low of $32.54 and a twelve month high of $207.25. The stock has a market capitalization of $1.46 billion, a PE ratio of 8.72, a P/E/G ratio of 2.41 and a beta of 1.06. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.64 and a current ratio of 1.64. On the 7th of Nov., 2019, Stamps.com issued its quarterly earnings results and reported a $0.71 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.34 by $0.37. The company had revenue of $136.17 million for the quarter, compared to the consensus estimate of $126.19 million. Stamps.com had a return on equity of 16.87% and a net margin of 14.03%. 

Investing Port believes Stamps.com to going to be a top-performing in 2020 and thinks you should consider investing in it. 

Biogen Inc. BIIB

Biogen Inc. is an American multinational biotechnology company based in Cambridge Massachusetts and specializes in the discovery, development, and delivery of therapies for the treatment of neurological diseases to patients worldwide Over the last twelve months Biogen has recorded a ROE of 39%. There are reports that Biogen and other drug companies hiked U.S. list prices on more than 50 drugs on Wednesday, bringing total New Year’s Day drug price increases to more than 250. Biogen price increases included a 6% price hike on multiple sclerosis treatment Tecfidera. Biogen Inc stocks currently trades at $296.73 per share and Investing Port believes it going to be a sure bet for investors.

Uber (NYSE: UBER)

Uber Technologies, Inc., is an American multinational ride-hailing company offering services that include peer-to-peer ride service hailing, food delivery, and a micro mobility system with electric bikes and scooters. Based in San Francisco, Uber has operations in over 785metrpolitan areas worldwide and its platforms can be accessed via its websites and mobile apps. Uber is estimated to have 110 million worldwide users as of 2019 and a 67% market share for ride-sharing in early 2019 and a 24% market share for food delivery in 2018. Uber stock is currently trading at $29.74 with a market capitalization of $50.73 billion. Investing Port believes Uber would still perform better in 2019, the set-backs notwithstanding.

LYFT Inc (NASDAQ: LYFT)

Lyft is a platform-technology company that offers ride-hailing services in combination with other services. Consumers can access scooters and see public transit options on its mobile app. On Friday, Nov. 22, Lyft reported significantly better than expected revenue and opening earnings. Currently, Lyft stocks are trading at $43.02 with an increase of 1.10% and a market capital of $12.81 billion. Investing Port believes Lyft will perform better in 2020.

Investinport owns Uber, Lyft, we do not own BIIB and STMP, but we are considering holding a position in it very soon.