Looking for the best shares to buy right now? Although 2020 has been a tough year, it has created some exciting opportunities that I believe have mostly gone unnoticed.
Best dividend share: Warehouse REIT
The shift towards online shopping has caused popular stocks like Amazon to explode in recent years. However, few investors are paying attention to Warehouse REIT.
All online retailers need storage facilities for their products. As it stands, the supply isn’t keeping up with the demand. Warehouse REIT is attempting to solve this problem by providing affordable, premium warehouse facilities for businesses.
At the current share price, the stock is yielding 5.4% in dividends. This high yield, combined with the enormous potential growth makes it one of my best shares to buy right now.
Best e-commerce share: dotDigital
In my eyes, dotDigital works hand in hand with Warehouse REIT. The tech stock provides a cloud-based marketing platform to help businesses attract, retain, and convert customers. That’s quite different from operating a warehouse, but it serves the same e-commerce industry that grows with each passing day.
In addition, dotDigital has been forming strategic partnerships with the likes of Shopify, Microsoft, and Adobe, giving it a significant advantage over its competitors.
Best real-estate share: Persimmon
The UK population is growing, and with it, the need for new homes. Persimmon is the second-largest homebuilder in the country.
While size is a good advantage, that’s not what has my attention. Persimmon operates in an almost entirely vertical manner. In other words, it is not reliant on third-party companies for core operations. Persimmon manufactures its own construction materials, has its own builders, and an in-house sales team. Having this level of control eliminate service fees, and grants the ability to eradicate almost all business inefficiencies.
Best tech stock: Learning Technologies Group
One critical requirement for any successful business is a talented workforce. However, with social distancing preventing people from meeting up, training staff has proven to be challenging. Learning Technologies Group has created a solution.
The company provides a wide range of digital learning software designed to seamlessly integrate with client processes. Completing training courses from home makes the learning process more enjoyable for employees and reduces costs for the employer.
Best gaming company: Keywords Studios
One of my favourite shares in my portfolio is Keywords Studios. Gaming stocks have performed exceptionally well in 2020, primarily because everyone has been stuck at home and games are a great way to pass the time. But even without the influence of Covid-19, the gaming industry has been growing rapidly over the years.
Keywords Studios provides specialist services to 23 of the top 25 game developers worldwide – including Activision Blizzard and Microsoft.
Developing a video game can be a risky project. After all, if the final product doesn’t meet expectations, it can have a severe financial impact on the studio. Keywords helps minimise this risk by providing talent on a per-project basis, allowing its clients to retain a smaller permanent workforce.