It is a good idea to keep your stock portfolio diversified. For example, you might have some blue-chip companies that pay dividends and some faster-growing companies that don’t pay dividends. It’s best to spread your dollars across a variety of industries as well, perhaps including some investments in real estate (via REITs) and foreign companies. It’s a good idea to keep some cash as well, so you can take advantage of a great opportunity that may arise.
Here are three companies to consider for the growing equity portion of your portfolio. Understand that growth stocks can often trade at high levels, so plan to stay long and take on some volatility as well.
1. Universal screen
With a market capitalization recently close to $9 billion, the stock price is recently down 27% from its 52-week high, universal screen (NASDAQ: OLED) It looks rather attractive. The company specializes in “energy-efficient OLED technologies and materials for use in solid-state lighting and display applications.”
over there Lots of things you like About the global view: It’s growing fast, with management forecasting 30% year-over-year revenue growth this year while revenue grew 55% year-over-year in the first half of the year. The fact that she has a lot of cash and little debt is also attractive, as cash can help grow through acquisitions or additional hiring, for example; Less debt also means he doesn’t have to funnel valuable income toward paying down debt. Its OLED technology is likely to appear in more and more screens of devices and television as well as lighting equipment over time, as it can consume less energy and can be better for our health, as it emits less blue light.