DXCM - 2 Best Stocks to Buy in January and Hold Forever
The start of a new year may or may not signal the recovery of the broader stock market, but great businesses are staying largely above the fray even if share prices remain volatile. From healthcare to consumer goods, quality companies continuing to build upon a track record of growth that possess sticky business models and strong core financials can see share prices recover in the future.
Investors who continued to buy into these businesses at lower-than-usual valuations could be positioned well for this recovery when it does occur. If you're going stock shopping in January, here are two unstoppable stocks to buy right now and hold for the long haul.
DexCom (NASDAQ: DXCM) is a diabetes care giant, known for its continuous glucose monitoring (CGM) devices. Both Type 1 and Type 2 diabetics use these devices to track blood sugar levels, observe blood sugar trends, and monitor for signs of spikes that could portend a hypoglycemic or hyperglycemic event. Currently, the company controls around 50% of the global CGM market.
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2 Best Stocks to Buy in January and Hold Forever