The stock market is very cyclical. Business cycles usually have a time horizon of five years or beyond. Any investment made in the stock market which is of a shorter duration than five years, is considered as a short term investment. A lot of people might confuse short term investing with short term trading but they are actually quite different. Intraday trading, buying today & selling tomorrow or any other short term trading do not qualify as short term investments. While short term trading options like intra day trading provide great returns and can seem very lucrative, there are quite a few pros and cons associated with it. In fact, you should consider taking up intra day trading only if you are a full-time trader and you are able to identify entry and exit points. What that means, is that you must be well versed in technically analyzing stocks through chart-patterns and position your entry and exit timing accordingly. In case you don’t have those things going for you, you should stay away from intra day trading. However, when income tax is calculated on short term capital gain for share market investments, any investment which is shorter in duration than one year, is considered a short-term investment. In case you are looking for some stocks to buy right now for short term investment, check out the following stocks in our list. They will most likely give you good returns. Let’s get started.
Best Stocks to Buy Right Now : Short Term Investment
1.Triton International Limited (TRTN)
Kicking off our list of the best stocks to buy right now for short term investment, is Triton International Limited. The company was founded in 1980 and is based in Hamilton, Bermuda. Triton International Limited engages in the acquisition, leasing, re-leasing, and sale of various types of intermodal containers and chassis to shipping lines, and freight forwarding companies and manufacturers. It operates in two segments, Equipment Leasing and Equipment Trading. The company primarily leases dry, refrigerated, special, and tank containers; and chassis used for the transportation of intermodal containers, as well as provides maritime container management services. As of December 31, 2019, its total fleet consisted of 3.6 million containers and chassis representing 6.1 million twenty-foot equivalent units or 6.9 million cost equivalent units. The company also purchases containers from shipping line customers and other sellers, and resells these containers to container retailers and users. It operates in Asia, Europe, the Americas, Bermuda, and internationally..
2. Amedisys Inc. (AMED)
Next on our list of the best stocks to buy right now for short term investment is Amedisys, Inc. The firm, along with its subsidiaries, provides healthcare services in the United States. Amedisys, Inc. was founded in 1982 and is headquartered in Baton Rouge, Louisiana.It operates through three segments: Home Health, Hospice, and Personal Care. The Home Health segment offers a range of services in the homes of individuals for the recovery of patients from surgery, chronic disability, or terminal illness, as well as prevents avoidable hospital readmissions through its skilled nurses; rehabilitation therapists specialized in physical, speech, and occupational therapy; and social workers and aides for assisting its patients. The Hospice segment offers services that are designed to provide comfort and support for those who are dealing with a terminal illness, including heart disease, pulmonary disease, Alzheimer’s, or cancer. The Personal Care segment provides assistance for patients with the activities of daily living. As of February 18, 2020, the company owned and operated 479 care centers in 38 states and the District of Columbia.
3. Cirrus Logic Inc. (CRUS)
Next on our list of the best stocks to buy right now for short term investment, we have Cirrus Logic, Inc. It is a fabless semiconductor company, develops, manufactures, and markets analog and mixed-signal integrated circuits (ICs) in the United States and internationally. It offers portable products, including codecs-chips that integrate analog-to-digital converters (ADCs) and digital-to-analog converters (DACs) into a single IC; smart codecs, a codec with digital signal processer; boosted amplifiers; micro-electromechanical systems microphones; haptic drivers; digital signal processors; and SoundClear technology, which consists of a portfolio of tools, software, and algorithms that offer enhanced voice quality, voice capture, and audio playback features. The company provides its portable products for use in smartphones, tablets, digital headsets; and wearables. It also offers non-portable and other products comprising codecs, ADCs, DACs, digital interfaces, and amplifiers for use in laptops, home theater systems, and musical instruments; satellite radio systems; and high-precision industrial and energy-related applications, including digital utility meters, power supplies, energy control, energy measurement, and energy exploration applications. The company markets and sells its products through direct sales force, external sales representatives, and distributors. Cirrus Logic, Inc. was founded in 1984 and is headquartered in Austin, Texas.
4. Diodes Inc (DIOD)
Diodes, Inc. manufactures and supplies semiconductor products. It offers diodes, rectifiers, transistors, MOSFETs, protection devices, functional specific arrays, single gate, dual gate and standard logic, amplifiers and comparators, Hall-effect and temperature sensors. The firm operates through the following geographical segments: Asia, North America, and Europe. It also provides power management devices, including LED drivers, AC-DC and DC-DC switching, linear voltage regulators, and voltage references along with special function devices, such as USB power switches, load switches, voltage supervisors, and motor controllers. The company was founded on June 15, 1959 and is headquartered in Plano, TX. It definitely belongs on any list of the best stocks to buy right now for short term investment.
5. National beverage Company (FIZZ)
National Beverage makes and distributes the popular LaCroix sparkling water brand, including a variety of flavors. National Beverage also makes the Shasta and Faygo brands of flavored soft drinks (both of which were launched more than a century ago), the ClearFruit flavored waters, Everfresh and Mr. Pure juice and juice-added drinks, Rip It energy drink, and Ohana lemonades and teas. Customers include national and regional grocers, convenience stores, and foodservice distributors. The firm’s stock is definitely one of the best stocks to buy right now for short term investment. National Beverage operates a dozen facilities located in ten US states. Founded in 1985, chairman and CEO Nick Caporella owns 74% of the business.
6. WD-40 Company (WDFC)
This company has been fixing squeaky hinges for many decades now. As a matter of fact, if a lot of horror movies use WD-40, they won’t seem that scary. The company’s flagship WD-40 product is used as a lubricant, rust preventative, and penetrant, is a staple in many homes. The famous aerosol spray maker has one of the best stocks to buy right now for short term investment. As well as unsticking locks and loosening rusted bolts, the omnipresent blue-and-yellow aerosol can contain the slippery stuff of myth, said to combat arthritis and attract fish. Its WD-40, 3-IN-ONE Oil, and Blue Works lubricants account for most of the company’s sales. It also makes household cleaning and deodorizing products under the brands X-14, Carpet Fresh, No Vac, 1001, and 2000 Flushes and heavy-duty hand cleaners Lava and Solvol. WD-40 contracts with various companies to manufacture its products.
7. Nevro Corp (NVRO)
Next on our list of the best stocks to buy right now for short term investment, we have Nevro Corp. It is a medical device company, provides products for the patients suffering from chronic pain in the United States and internationally. The company develops and commercializes the Senza spinal cord stimulation system, an evidence-based neuromodulation platform for the treatment of chronic pain. It also offers Senza II system and Senza Omnia system products for chronic pain. The company’s solution for chronic pain also includes HF10 Therapy, which delivers neuromodulation solutions for treating chronic pain based on available clinical evidence. Nevro Corp. sells its products through its direct sales force, and a network of sales agents and independent distributors. The company was founded in 2006 and is headquartered in Redwood City, California.
8. Acadia Pharmaceuticals (ACAD)
Next on our list of the best stocks to buy right now for short term investment, we have ACADIA Pharmaceuticals. This firm develops small molecule drugs for the treatment of central nervous system disorders. The biopharmaceutical company’s pimavanserin (Nuplazid) was approved by the FDA in 2016 as a treatment for Parkinson’s disease psychosis, a common development with the disease. Two other clinical-stage candidates are being developed in collaboration with Allergan to treat patients with chronic pain. The company’s pipeline also includes pre-clinical candidates in development for chronic pain and Parkinson’s disease. All candidates are a result of ACADIA’s own R-SAT drug discovery platform.
9. Synaptics Incorporated (SYNA)
Next on our list of the best stocks to buy right now for short term investment, we have Synaptics Incorporated. The firm is engaged in the development, marketing and sale of intuitive human interface solutions for electronic devices and products. The Company is a developer and supplier of custom-designed human interface product solutions that enable people to interact with a range of mobile computing, communications, entertainment and other electronic devices. It operates in the market of smartphones, tablets, personal computer (PC) products, Internet of things, (IoT) products and other electronic devices, including devices in automobiles. Its products include ClearPad, ClearView, TouchView, Natural ID, TouchPad, SecurePad, ClickPad and ForcePad. Its other product solutions include dual pointing solutions, TouchStyk, and TouchButtons. The Company’s dual pointing solutions offer TouchPad with a pointing stick in a single notebook computer, enabling users to select their interface of choice.
10. Quidel Corporation (QDEL)
Rounding off our list of the best stocks to buy right now for short term investment, is Quidel Corporation. The company makes rapid diagnostic in vitro test products used at the point-of-care (POC), usually at a doctor’s office or other outpatient setting. Unlike tests sent off to a lab, POC tests can be read on the spot. Quidel’s leading products are diagnostics for infectious diseases (such as influenza and strep throat) and reproductive health, sold under the QuickVue, D3 Direct Detection, and Thyretain brands. The company also makes diagnostics for streptococci, chlamydia, and the ulcer-causing H. pylori bacterium, as well as Sofia, a next generation, rapid, immunofluorescence-based, point-of-care diagnostic test system.
So that was our list of the best stocks to buy right now for short term investment. These stocks have performed well in recent times and are expected to perform well in the near future. If you are looking to do some short term investment in the stock market, these stocks are a good place to start. Good luck!