The best way to invest in Nigerian stock exchange stocks that can net you over 40% to 100% in profit

There are a lot of stock trading strategies out there, and each market around the world has something that may work for investors who are ready to make money. The Nigerian stock market is a market that has been under the radar and but it's making some people money.  Those that understand it and know when to buy and when to sell can take big advantage of some stocks that are listed on the Nigerian stock exchange. 

A lot of investors have seen their stocks reach new highs in recent times and this is why Investingport has decided to evaluate the Nigerian stock market to see if it’s still good to hold on to or sell stocks when they reach an all-time high.  There is a system that can net investors over 40% to 100% return if used to invest in the Nigerian stock exchange. However, you must do your own due diligence before using this system. 

The Nigerian stock exchange stocks can be rewarding and risky at the same time depending on the stock price buy-in point. Those who invested at the 52 weeks low price have and are enjoying the big move. However, if care is not taken, the gains and profits may be given back really fast.

These stocks listed below have been rewarding because they were at the 52 weeks low during the onset of the Covid-19 pandemic, but now they very close to their most recent 52 weeks high.

Zenith Bank is now trading at #26.50, not long ago it was trading at #10.70 which was its lowest price in 52 trading weeks on the Nigerian stock exchange. This means those that bought at 52 weeks high have made more than 50 percent of their money that was invested. Keep in mind that these stocks also pay dividends.

Next is GT bank. GT Bank Nigeria's stock symbol is GUARANTY. Five years ago, the GT bank branch was trading at under #20.00 per share. Now it’s trading at #33.10 share. GT Bank Nigerian stock’s market cap as of January 2020 is 974.2 billion Naira. The company pays 7.55 in drive dividend yield. The 52 weeks high #38.45. Per-share while the stock is trading at 33.10 per share, just 5 Naira lower than the 52 weeks stock price high.  For those that bought GT bank stock at the #20, which is the company's 52 weeks low, that a  60% gain in stock appreciation only.  Now if you add the dividend paid along the way, that can be a lot of money. 

UBA Bank is another bank that was at a stock price level that was not attractive in the past but now it coming back to glory.  UBA bank stock was trading at #4.40 Naira before and now it at N8.70 per share.  Although it only gave a 0.58% percent return for a full calendar year. A lot of money can be made in these stocks if bought at it 52 weeks low.

What we have learned from this post is that it may be worth it to buy Nigerian Stock Exchange stocks when they are at 52 weeks low. Especially the good stocks.  Since these stocks are at their 52 weeks high again, this means that if we buy them at 52 weeks low, we may be able to catch a big move.