Finding the perfect gift can be difficult. More than anything, you want the sort of gift the recipient is going to have years later, thinking of you every time they use it.
One great gift you can give someone is stock in one of their favorite companies. While cash or even a gift card can seem impersonal, you can buy someone a stock for a company that specifically speaks to their tastes. It provides excellent utility in that it will keep gaining value (fingers crossed), and it could very easily be the sort of gift that someone owns for years to come. If it’s a company that makes a product they use every day, you can subtly work a quick reminder of your place in their life into that process.
With the chance for your gift to keep growing year after year, you could also be giving them the gift of some additional financial security and general peace of mind. After all, what better way to let someone know you care than helping to fund their retirement!
Click through to see five stocks that are gifts that keep on giving.
The online retailer has more than doubled revenues since 2014, and not only is it now profitable, but it’s also more than quintupled its net income in the last two years. Its success means that Amazon is moving even closer to touching everything that you buy.
In addition to soaring revenues and profits, the streaming content company added more than 8 million new subscribers last year.
The entertainment conglomerate operates across multiple segments with a television network, cable channels, film studios and amusement parks, and now plans to launch its own standalone streaming service.
Apple is the most valuable, most profitable company in the entire world. It’s safe to say that the company has garnered a reputation as a tried-and-true stock.
Alphabet is the parent company of Google, which created the new umbrella organization so it could keep its profitable search engine business separated from its more speculative gambles on the future on the company income statements.
Click here to read about 10 stocks that could be the next Apple or Amazon.