What is the best stock to buy in Nigeria in 2024? (2024)

What is the best stock to buy in Nigeria in 2024?

Though, Access Corporation, FBN Holdings, FCMB Group

FCMB Group
First City Monument Bank (FCMB), a member of FCMB Group Plc, is a financial services holding company headquartered in Lagos.
https://en.wikipedia.org › wiki › First_City_Monument_Bank
, Fidelity Bank, and UBA have been rated stocks to buy in 2024 by Lagos-based United Capital analysts. This is even as CardinalStone Research analysts asked investors to buy shares of Access Corporation, GTCO, United Bank for Africa, and Zenith Bank.

What stock will boom in 2024?

2024's 10 Best-Performing Stocks
Stock2024 return through March 31
SoundHound AI Inc. (SOUN)177.8%
Vera Therapeutics Inc. (VERA)180.4%
Avidity Biosciences Inc. (RNA)182%
Arcutis Biotherapeutics Inc. (ARQT)206.8%
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Apr 1, 2024

Which stock will boom in 2024 in Nigeria?

Banks Lead Nigerian Stocks to World's Second-Best Gains in 2024.

Which penny stocks to buy in Nigeria 2024?

Investors should look at penny stocks like AIICO Insurance, AXA-Mansard, Jaiz Bank, and Chams as stocks that will do well in 2024. The current market development suggests that penny stocks are where to go in 2024 for investors to smile at the banks because it offer good returns on investments.

What is the world's best performing stock market in 2024?

Japan is a case in point; in February it's Nikkei 225 index closed above its previous high reached in 1989. It has been the world's best-performing major index in 2024, surging 13% for sterling investors and trouncing the impressive near-7% advance of the S&P 500.

What are 10 stocks to buy in 2024?

12 Best Growth Stocks to Buy and Hold in 2024
  • Adobe Inc. (NASDAQ:ADBE) ...
  • Advanced Micro Devices, Inc. (NASDAQ:AMD) ...
  • Uber Technologies, Inc. (NYSE:UBER) ...
  • Salesforce, Inc. (NYSE:CRM) ...
  • Apple Inc. (NASDAQ:AAPL) ...
  • Mastercard Incorporated (NYSE:MA) Number of Q4 2023 Hedge Fund Shareholders: 141. ...
  • Visa Inc. (NYSE:V)
2 days ago

What stock will double in 2024?

  • Fintech company SoFi Technologies (NASDAQ:SOFI) is set to have an excellent 2024. The company reported its first-ever GAAP profit in the fourth-quarter results and has seen a steady rise in user base. ...
  • Palantir (NYSE:PLTR) enjoyed an impressive run in 2023. ...
  • The electric vehicle (EV) industry has had a rough road.
Apr 17, 2024

What are the best stocks to invest in right now in Nigeria?

Most Active - Nigeria Stocks
Guaranty Trust Holding 14:30:00 |GTCO36.00 +0.25+0.70
Presco 14:15:00 |PRESCO208.40 -23.10-9.98
Transcorp Hotels 14:10:00 |TRANSCOHOT87.93 -9.77-10.00
Dangote Sugar 14:10:00 |DANGSUG43.20 -4.80-10.00
ETI 14:16:00 |ETI23.45 -2.55-9.81
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What stock will grow fast?

10 Best Growth Stocks to Buy for 2024
StockExpected Change in Stock Price*
Tesla Inc. (TSLA)61%
Mastercard Inc. (MA)14.2%
Salesforce Inc. (CRM)7.2%
Advanced Micro Devices Inc. (AMD)11.3%
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Mar 25, 2024

What is the best bank to buy shares in Nigeria?

On stocks to invest in, Boboye recommends tier 1 banks alongside others, “we love Access, GTB, Zenith, for other sectors, we like Transcorp, we also like Total and Seplat for the oil and gas sector,” he said.

Will 2024 be good for stocks?

Fortunately, analysts see positive earnings and revenue growth for all eleven market sectors this year. The healthcare sector is expected to generate a market-leading 17.8% earnings growth in 2024, while the information technology sector is expected to lead the way with 9.3% revenue growth.

Which stock is best for 2025?

Top Multibagger Penny Stocks for 2025
  • Titan Company Limited (Titan):
  • Wipro Limited (Wipro):
  • PVR Limited (PVR):
  • Page Industries Limited (Page Industries):
  • Eicher Motors Limited (Eicher):
Feb 21, 2024

What are the 10 best penny stocks to buy?

Overview of Top 10 Fundamentally Strong Penny Stocks in 2024 in India
  1. Vikas Ecotech Ltd. ...
  2. Comfort Intech Ltd. ...
  3. Rajnandini Metal Ltd. ...
  4. G G Engineering Ltd. ...
  5. Indian Infotech & Software Ltd. ...
  6. Genpharmasec Ltd. ...
  7. Accuracy Shipping Ltd. ...
  8. Goyal Aluminiums Ltd.

What 7 stocks could double or triple in 2024?

Instead, it's the stocks of mega-size companies – Alphabet (GOOGL), Amazon.com (AMZN), Apple (AAPL), Meta Platforms (META), Microsoft (MSFT), Nvidia (NVDA) and Tesla (TSLA) – that have soared in price over the past year, propelling the broad market to double-digit returns.

What are the top 10 stocks to buy?

Overview of the top long-term stocks in India as per market capitalisation
  • Reliance Industries. With a market capitalisation of ₹19,91,203 crore (as on 19th February 2024), Reliance Industries Limited is the biggest stock in Indian markets. ...
  • Tata Consultancy Services (TCS) ...
  • HDFC Bank. ...
  • ICICI Bank. ...
  • Infosys.

What are the top 10 stocks to buy right now?

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Company (ticker)Analysts' consensus recommendation scoreAnalysts' consensus recommendation
Amazon.com (AMZN)1.30Strong Buy
Microsoft (MSFT)1.32Strong Buy
Delta Air Lines (DAL)1.35Strong Buy
Nvidia (NVDA)1.38Strong Buy
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Which stock will double in 3 years?

Stock Doubling every 3 years
S.No.NameCMP Rs.
1.Guj. Themis Bio.404.35
2.Refex Industries160.55
3.Tata Elxsi7085.75
4.Tanla Platforms967.85
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Which stock will double in one month?

Stocks with good 1 month returns
S.No.NameCMP Rs.
1.Life Insurance981.45
2.Hindustan Zinc410.90
3.I R C T C1025.45
4.Lloyds Metals731.75
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What to invest in 2024?

Overview: Best investments in 2024
  • High-yield savings accounts. Overview: A high-yield online savings account pays you interest on your cash balance. ...
  • Long-term certificates of deposit. ...
  • Long-term corporate bond funds. ...
  • Dividend stock funds. ...
  • Value stock funds. ...
  • Small-cap stock funds. ...
  • REIT index funds.

Which stock will double in 6 months?

6 months double
S.No.NameCMP Rs.
1.Spright Agro31.24
2.Jai Balaji Inds.1037.50
3.Waaree Renewab.2755.35
4.Insolation Ener1702.50
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Which stock is best in March 2024?

In the trading session on 21st March 2024, the Sensex witnessed NTPC, Power Grid Corporation Of India, Tata Steel, Indusind Bank, and Tata Motors as the top gainers, with gains of 3.55%, 3.40%, 2.99%, 2.93%, and 2.57% respectively.

Which stock to buy for the next 5 years?

Growth stocks for next 5 years
S.No.NameCMP Rs.
2.Brightcom Group14.94
3.Axita Cotton23.63
4.Easy Trip Plann.46.36
5.Radhika Jeweltec63.50
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What to invest in Nigeria with 500k?

The business to start with 500k in Nigeria include e-commerce, food, logistics and delivery, as well as event planning. You could also establish a car wash, a bookstore, a small-scale grocery store or a thrift store. So, are you looking for a business to start with 500k in Nigeria?

Which share has the highest price in Nigeria?

Nigerian stocks with the highest price
SymbolPriceChange %
ZENITHBANK D36.90 NGN+2.50%
GTCO D36.00 NGN+0.70%
CAP D28.85 NGN+9.90%
NB D28.00 NGN0.00%
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What stock gives the most money?

9 Highest Dividend-Paying Stocks in the S&P 500
StockTrailing annual dividend yield*
AT&T Inc. (T)6.3%
Verizon Communications Inc. (VZ)6.3%
Healthpeak Properties Inc. (DOC)6.6%
Altria Group Inc. (MO)8.8%
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Mar 29, 2024

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