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Stocks to buy now – April 2nd, 2022

Originally published on Best Stocks

Fonte: Getty Images


The past several weeks have been rough for the stock market. The Dow Jones Industrial Average dropped 9% from its May highs, and the S&P 500 and the NASDAQ suffered even bigger losses. But after a period of weakness, the initial gains in the stock market appear to be coming back. Stocks that had been taking a hit came roaring back on Friday as some investors turned their focus to economic growth. Airlines, restaurants, and cruise lines led the way higher on Monday. Here’s why they did it and what this means for investors moving forward.

Contents hide1 Marriott International (NASDAQ: MAR)2 Nvidia (NASDAQ: NVDA)3 Upstart Holdings, Inc. (NASDAQ: UPST)4 Salesforce.com (NYSE: CRM)

Marriott International (NASDAQ: MAR)

Fonte: Getty Images

The global hospitality industry is witnessing a paradigm shift as digital technology and e-commerce take over the traditional business model. To stay relevant and cater to the changing needs of the consumers, Marriot is being forced to adopt innovative strategies and focus on customer service and personalized experience.

Marriott International, the world’s largest hotel company, has recently signed an agreement with Baraka Lodges for foraying into the African safari segment. The collaboration will see Baraka Lodges invest $200 million in Marriott International’s brands and properties by 2020. The partnership will have many benefits for both parties. Marriott International will be offering a wide array of hotels and resorts in the renowned safari destinations of Africa and Tanzania. On the other hand, Baraka Lodges will be able to tap into Marriott International’s vast global network, customer base, and experience in running luxury hotels and resorts.

The hotel chain operates more than 5,000 hotels and resorts around the globe under 65 brands. The company was founded by John Willard Marriott in 1958 and is headquartered in Bethesda, Maryland.

The company’s brands span from luxury to economy. They include Marriott, Renaissance, JW Marriott, EDITION, Courtyard, Residence Inn, Fairfield Inn & Suites, TownePlace Suites by Marriott, Autograph Collection, Le Méridien, Protegest, Gaylord, Magnolia, and World of Hyatt.

Nvidia (NASDAQ: NVDA)

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Nvidia’s stock price has nearly quadrupled over the past year, reflecting strong business and investment demand. As a result, investors have almost unlimited opportunities to grow their stakes in this attractive market leader.

Nvidia’s products have powered the growth of hundreds of AI-driven startups and have been adopted by leading companies across many industries, including Fidelity, Samsung, and Whirlpool. Today, Nvidia is the world’s leading producer of high-performance Tegra processors, the most advanced GPU architecture, and the perfect match for powering next-generation data centers, AI supercomputers, and the next generation of AI-driven devices.

While the stock market has been tearing over the past year, the underlying economy has been steadily growing. Companies across all sectors see demand for their products increase, which bodes well for Nvidia (NVDA). The company’s key offerings in the gaming and data center market have driven revenue over the past year and will continue to do so in the future. Nvidia is a global leader in the semiconductor market due to its strong brand, market presence, and supply chain integration. The company has a diversified customer base and is a trusted partner to many of the world’s leading technology companies.

Its stock recently hit an all-time high, reflecting investor confidence in its long-term prospects. Nvidia’s core gaming and data center revenue should continue to grow over the next few years. Nvidia could reach a market value of nearly $100B in the next five years, which would make it a good candidate for investors interested in the semiconductor sector.

Upstart Holdings, Inc. (NASDAQ: UPST)

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The stock of Upstart, Inc. (NYSE:USPT) has been on a roller coaster ride over the past few months. After a stellar performance in April, the stock has steadily declined from its peak. However, the bearish market conditions have also contributed to bringing the price down for the company’s shareholders. Nevertheless, the stock rose by 9% after the company’s management outlined a bullish outlook for the business. While the stock price has a long way to go, investors should watch this company in the coming months. The company’s goal is to become a $200 billion company by 2022. This will require hard work and perseverance, but the company is up to the challenge.

Lending is an antiquated concept. Even though it is a staple service globally, the lending industry has been struggling with changing customer preferences and competitive pressures. Upstart was founded to believe that the lending industry can be transformed by leveraging digital technology. The Upstart platform is a peer-to-peer lending platform that uses artificial intelligence and machine learning algorithms to assess the creditworthiness of borrowers and provide loans.

Upstart is a non-bank lender, which means it doesn’t have a retail banking license. However, it needs to partner with a bank or credit union to provide consumer loans. The Upstart platform is powered by its lending AI, which makes loan decisions on behalf of the partner bank. The platform has a network of over 6,000 financial institutions worldwide interested in lending to the customer base of the Upstart platform. The Upstart platform partners with over 300 banks in the US and over a dozen banks in other countries.

Salesforce.com (NYSE: CRM)

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Computing software is growing more complex and time-consuming by the day. As a result, businesses are looking to technology to help them save time and streamline processes. Software like Salesforce can help businesses tackle these challenges by automating routine tasks and streamlining data collection. But it can also present an opportunity for buyers who understand how to implement it effectively.

Few opportunities in life are as exciting as the prospect of making money. And few businesses have the potential to make their customers as rich as by buying and selling business software. So even if you aren’t an avid fan of CRM or the cloud, there’s probably at least one thing you can agree on: Salesforce (NYSE:CRM) is one of the savviest businesses in the world.

The company sports one of the best track records, having seen its stock price more than quintupled in five years. And with the stock having recently crossed the $100 mark for the first time, investors are giddy with excitement.

Salesforce is one of the most popular customer relationship management (CRM) software platforms globally. Both large enterprises and SMBs use it to manage customer relationships and pipelines. Salesforce and Salesforce CRM are two different products by the same company. Salesforce is a cloud-based software application that helps businesses manage their leads, contacts, and opportunities. CRM, or customer relationship management, is software that helps businesses manage their customers, accounts, and records.

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