Top 10 trending stocks of U.S. that are a profitable deal for you

The US is known worldwide for its strong economy and one of the largest stock markets in the world, including major exchanges such as the NYSE and NASDAQ. The US stock market plays a vital role in the global financial system, providing huge opportunities for investors and driving economic growth worldwide. The turmoil in the US market has worsened the condition of global markets. The condition of all IT companies, including the US is horrible.

In today’s article we told that even in such a situation, the shares of many American companies are seen giving profits to investors with a green sign, which we have currently kept in trending shares. Let’s know about the Top 10 trending stocks in the US that are profitable for you.

1. NVIDIA

NVIDIA Corporation is a leading graphic processing unit and artificial intelligence solution company. The company is scheduled to release its fiscal Q2 earnings results on August 28, following the market’s closing with a capital market value of $2.74 trillion. Analysts predict NVDA will record EPS of $2.53 for the fiscal year 2025, up 114.4% from $1.18 for the previous year. NVIDIA was started in the year 1993 by Jensen Huang, Chris Malachowski and Curtis Preem.

Initially, it worked mainly on computer graphics, but seeing the growing era of technology, the company upgraded itself and increased the company’s participation in various fields of technology including artificial intelligence (AI), data centres and autonomous vehicles. Today the company’s net worth is US$ 65.73 billion as of the year 2024 and about 30,000 employees are working in this company.

2. Nexstar Media

Nexstar Media Group’s return on equity was 17.18% with a net margin of 8.29%. The firm held 62,782 shares of the company’s stock after selling 31,351 shares during the quarter. Nexstar Media and Paramount Global renew their affiliation agreements. The strength of Nexstar’s group can be gauged from the fact that it forms the largest local television broadcasting group in the United States, with 116 U.S. cities, 200 owned or partner stations, 220 million viewers, and top network affiliates.

Founded on June 17, 1996, by Perry A. Sook, Nexstar Media Group has established itself as a leading American publicly traded media company. Headquartered in Irving, Texas, Nexstar has continually expanded its influence, amassing an impressive portfolio of television stations, digital platforms and local news networks. With total assets of $2.97 billion in 2016, Nexstar’s growth reflects its dedication to providing high-quality content and innovative media solutions.

3. TESLA

In June 2010, American company Tesla Inc. a manufacturer of electric vehicles was listed on the NASDAQ stock exchange. Tesla’s shares are often in the headlines of magazines and have also given investors a lot of profit. Tesla’s market capitalization is $416.2 billion. Tesla first offered an IPO in June 2010 with an initial price of $17 per share.

Tesla, Inc., founded on July 1, 2003, and led by visionary entrepreneur Elon Musk, has revolutionized the automotive and clean energy industries. Headquartered in Austin, Texas, Tesla is not just an automaker but a symbol of innovation and sustainability. With total assets valued at $106.6 billion in 2023, the company continues to set new benchmarks in electric vehicle technology, renewable energy solutions, and autonomous driving.

4. Walgreens Boots Alliance

Walgreens boots alliance market capitalization is $9.9 billion. WBA is an integrated healthcare, pharmacy and retail organization. Walgreens Boots Alliance stock is seriously underdog. Investors have all but given up, the company’s performance is poor and its future appears dubious. Currently, Walgreens projects adjusted earnings per share for 2024 to range from $3.20 to $3.35.

Walgreens Boots Alliance (WBA), founded in 2014 and led by Stefano Pessina, stands as a global leader and trusted innovator in the retail pharmacy sector. Headquartered in Deerfield, Illinois, WBA has consistently delivered exceptional healthcare services to millions of customers around the world. With total assets amounting to $96.63 billion in 2023, the company’s impressive financial growth reflects its strong commitment to providing accessible, high-quality healthcare solutions.

Read Also: Why are the clouds of Recession looming in America?

5. Next Decade

NextDecade was created in 2010 to fulfil the growing need for cutting-edge infrastructure among oil and gas businesses. NEXT Carbon Solutions will significantly, positively and quantifiably contribute to the global effort to achieve net-zero emissions by 2030. The consensus analyst rating for NextDecade Corporation is a Moderate Buy. Two Wall Street analyst ratings served as the basis for this. The nominal median predicted return for the US equities market over the next ten years is 4.2% to 6.2% for US fixed income it is 4.8% to 5.8%.

6. WIX.COM

The company Wix.com Ltd. runs a cloud-based platform for creating and designing websites. It provides services for email marketing, web hosting, logo creation, web editing, web building, search engine optimization tools and website templates. Wix.com Ltd. is an Israel-based company that provides a website-building platform.

Based on 19 Wall Street analysts’ 12-month price forecasts for Wix over the previous three months. The average target price is $187.88 with a high of $210.00 and a low of $130.00. According to Wix.com’s most recent financial reports and stock price, the company’s total number of outstanding shares is 5,60,98,997. At the end of 2024, the business had 5,60,98,997 exceptional shares.

7. Dollar Tree (Dollartree)

The Dollar Tree Inc. Employee Stock Purchase Plan (ESPP) allows the company to issue up to 8,278,124 shares of common stock to qualifying employees. According to the 20 Wall Street analysts who have released 12-month price targets in the last three months, Dollar Tree has an average target price of $138.61.

The consensus recommendation for Dollar Tree is a Moderate Buy, with 11 buy ratings, 8 hold ratings, and 1 sell rating. The stock reached a 52-week low of $95.49, and its current price is 101.74% above that low.

Dollar Tree’s revenue increased by 7.51% year-over-year, reaching $30.913 billion during the fiscal year ending on April 30, 2024. This marks an increase from the previous year’s revenue of $30.604 billion, which was up 8.02% from 2023.

8. Patterson Companies

In North America and the UK, Patterson expands animal health and dentistry markets. Net sales for the fourth quarter of the year were $1.72 billion up 0.1% from the previous year while internal sales fell by 0.5%.

After the business posted fourth-quarter sales above analysts’ forecasts, Patterson Cos. shares were up 12% to $25.65. With a high projection of $31.00 and a low estimate of $28.00, the average price goal is $29.38. The difference from the previous price of $26.29 to the average price objective is 11.75%.

9. Wedbush Securities

Financial advice company Wedbush Securities provides services for US stocks such as investment banking, wealth management, brokerage and trade execution. Leading the financial services sector Wedbush Securities offers various wealth management, investment banking and securities brokerage services to institutional and individual customers.

The company manages $4.5 billion and has 225 employees across 51 states. Although the company serves 9,055 different kinds of clients & its primary concentration is on people. Wedbush is a prominent supplier of liquidity for NASDAQ equities and is affiliated with all major US exchanges.

10. Apple

Apple has become very powerful in setting high prices by combining stylish hardware with its unique software and services. Apple is the fastest-growing advertising business in the U.S. This creates a closed system that other companies can’t copy. Apple is a big player in the smartphone, computer, tablet and smartwatch markets.

Warren Buffett recently took out 50% of Apple Company’s stake, worth about $70 Billion. After Warren Buffett withdrew his stake from the company a huge decline was seen in the market and this is also one of the main reasons for the fall of the American market. These are short-term market conditions and will give investors huge profits in the coming time. Apple company is known as a long-term and trustworthy company that people like to buy blindly.

Conclusion

In today’s article, we discuss the top 10 stocks in America that are currently providing profits to investors. These stocks are at the forefront of potential future gains. Selecting stocks on a global scale can be challenging, as investors may not have in-depth knowledge about various companies. In this article, we delve into the fundamentals and histories of all the featured companies, helping readers understand each stock’s potential.

Recently, following a statement by the “Oracle of Omaha,” we observed fluctuations in Apple’s shares, which we also address in this article. If you enjoyed this post, please consider sharing it with your friends and family.

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Disclaimer: This article is for informational purposes only and does not constitute financial advice. Investments in Share Market involve risks, including the potential loss of principal. Please consult a financial advisor before making any investment decisions.