Just wanna get some ideas and other people’s due diligence for investments that you are making within the app.
I’ll start, I looked through nearly every stock available in the app, at the share price history and what market they’re in. In my view good companies to invest in currently for the foreseeable future are tech companies and biotech/medicine. I have a friend who works in medical devices who has said they expect large growth over the coming years, in that market. I started reading articles about UK company, AstraZeneca. They’re growing rapidly in the US and also China [1][2], which is experiencing large growth in the healthcare market [3]. That’s the only stock I’ve bought so far, a few weeks ago, which is +7%, but I’m looking more long term.
I also have some knowledge of new drug trials from speaking to people who are knowledgeable in this area. There don’t seem to be many tech companies available to buy, which is probably an accurate reflection of the UK market for large tech companies. The NASDQ 100 fund looks attractive, however, and is available and is probably a low risk bet if holding long term. What stocks/funds are people buying and what was your research that led to this?
