This is the Secret to Investing like a Teenager: StockPick Whiz Kid
NEW YORK ( MainStreet) As a teen investor myself, I encourage other young investors to make certain decisions: stocks to buy, stocks to sell, sectors that they should be invested in, diversification strategies. The younger generation is the future of the economy, and the earlier we start the better. I am going to show you some investments that a teenager should have to grow his portfolio and allow his funding to strengthen throughout the upcoming years. In most cases, a teenager isn't playing the stock market, so we are going to talk about long-term investments. When you think of the future, what do you think of? Oil, pollution, and gray clouds everywhere or green energy, solar panels and cars running on water? Well...hopefully the second option. The renewable energy sector is one of the strongest future sectors, because of the potential impact it could have on every human being's life. As we all know, gas and oil don't last forever, and a switch to renewable energy is inevitable. Here are two companies that are prominent in the energy field and have a future in changing how energy is produced.
First Solar, Inc. (FSLR) is a company that produces, manufactures, and sells solar panels. FSLR specializes in turn-key photovoltaic solar power systems, supplying them to commercial companies, residential properties and other utilities. Located in Arizona, this company has a total of 5,600 employees and growing. With a $3.6 billion dollar market cap and a PE ratio of 9.78, this energy company is a force to be reckoned with. Solar energy has surged about 20% a year for the past 15 years, grossing First Solar a fortune. Harnessing the sun's rays is a great way to produce energy and supply our population in a much cleaner fashion.
The largest electrical power holding company in the United States and a Fortune 250 company is Duke Energy Company (DUK). Duke delivers energy to more than 7.2 million users in the U.S. by supplying electrical power and natural gas. This company is powering new and green devices such as Tesla Motors, Inc. (TSLA) vehicles and other electrically driven cars. DUK has a market capital of $46.36 billion and pays an annual dividend of 4.70%, which is very high. If looked at on a long-term chart, Duke Energy Company has a steady incline and is analyzed to have a positive future. The company's next quarterly earnings date is on November 6.
The future promotes technology and a more efficient form of daily life. As evolution takes place, different forms of technology are applied. This sector is an alive and growing function, grossing billions annually. Here are some large cap, well know, destructive technology companies that are a great long-term investment.