10 Stocks to Buy for Your 10-Year-Old

Primarily, the company has managed to upend the taxi industry. Frankly, it’s about time someone did. Taxis are expensive and service is variable, from professional to downright fraudulent. And that variability can be truly unpredictable abroad.

The beauty of UBER stock is that the underlying business consolidates riders and drivers under a mutually beneficial relationship: if either party acts up, that could spell a loss of convenience or income.

trying ride-sharing platforms. Given that Uber has the largest footprint in the space, I believe Uber stock is an easy pick among stocks to buy.

Fiverr International (FVRR)

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direct plays toward the gig economy, FVRR stock is a somewhat speculative idea. However, if you’re building a portfolio of stocks to buy for the long haul, my reservations for the underlying company fade quickly.” data-reactid=”118″>One of the direct plays toward the gig economy, FVRR stock is a somewhat speculative idea. However, if you’re building a portfolio of stocks to buy for the long haul, my reservations for the underlying company fade quickly.

RHI). Here, the concept focused on large, networked organizations marketing talent to their client corporations. If a match was found, the talent would typically find themselves working as a full-time employee.” data-reactid=”119″>Prior to the surge of independent gig workers, many professionals sought the assistance of traditional employment agencies such as Robert Half International (NYSE:RHI). Here, the concept focused on large, networked organizations marketing talent to their client corporations. If a match was found, the talent would typically find themselves working as a full-time employee.

But that model is becoming less relevant today. Instead, we have Fiverr, which connects gig workers to businesses that require work completed via short-term contracts.

Over time, I see Fiverr working out its kinks — such as exposure to too many low-quality jobs. In the meantime, I think a long-term speculative bet on FVRR stock is warranted given where our society is headed.

Square (SQ)

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If you’ve followed my work for some time, you’ll know that I’m generally very bullish on Square. Therefore, when I witnessed the sizable hit to SQ stock due to coronavirus fears, I was not alarmed.

I’ll go a step further. Because Square appears technically vulnerable, shares are liable to fall more. Even so, put Square on your list of stocks to buy for your 10-year old.

Most people are familiar with Square due to its now-ubiquitous payment processors. Right here, the company demonstrated its true intent: to disrupt the payments space and level the playing field for small businesses.

With their innovations, entrepreneurs received a viable alternative to inking a less-than-favorable contract with a traditional payment-services provider.

But the driving force behind SQ stock is its development of a small-business ecosystem. It’s not a stretch to say that most entrepreneurs hate the day-to-day administrative BS: they’d rather focus on the fundamentals that make their business distinctive. Thanks to Square’s intuitive ecosystem, small-business owners can do exactly that.

PayPal (PYPL)

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blistering growth rate of its active users.” data-reactid=”175″>I’ve spoken glowingly about digital payments processor PayPal. Primarily, I’ve been impressed with the blistering growth rate of its active users.

It’s making a fool out of the law of large numbers. However, no one should be surprised: PayPal is incredibly convenient and is aligned perfectly with the burgeoning gig economy, bolstering the case for PYPL stock.

Over the next decade, I view PayPal as a no-brainer opportunity among tech-related stocks to buy. Yes, the market panic has severely hurt shares and more pain could follow. But no viral outbreak can unseat the progress that the underlying company has made. Unless, of course, you believe that we’ll move back to analog payments!

help bank the unbanked.

Due to social dynamics, not everyone can participate in the digital economy because of lack of access to the financial system. PayPal is actively bridging this gap, which gives it an ethical angle for those interested in positive social impacts.

H&R Block (HRB)

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Even before the coronavirus outbreak wrecked the early positive start in the markets, tax preparer H&R Block never was a favorite among investors.

Easily, it’s one of the choppiest names you’ll encounter among New York Stock Exchange-traded equities. However, with changes to our taxes along with a shift in working culture, HRB stock may surprise down the line.

wasn’t popular with many employees who felt cheated on their refunds. As a result, it’s conceivable that in the future, a liberal or progressive administration will try to make things right. If I know anything about the government, whoever’s in charge will probably screw it up.

But the more important catalyst for HRB stock is the gig economy. With many Americans making the shift from W-2 employees to 1099 workers, they will incur significant tax reporting changes. For 1099 rookies, it may be an overwhelming transition. However, H&R Block is here to help, so speculators shouldn’t ignore it when it comes to considering stocks to buy.

Splunk (SPLK)

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As we dive deeper into the information age, the commodity that is most important isn’t necessarily physical but digital. I’m referring to data.

Every day, we transmit data through the internet. Further, companies pay big money for it as it holds the key to our consumption behaviors. But making sense of all this data is a difficult task. And that’s where Splunk comes in.

While most tech firms talk about big data, Splunk consolidates vast and seemingly disparate information into actionable advice. Called the Data-to-Everything Platform, this powerful system allows Splunk’s clients to make well-informed decisions. Further, the platform facilitates real-time data acquisition, giving clients tactical capabilities. Essentially, SPLK stock runs on harnessing the potential of the digital age.

Earlier, though, I felt that SPLK stock was running a little too hot. Clearly, I was wrong when shares spiked in November of last year. However, due to the broader panic, Splunk has lost some of its momentum. This is giving investors a chance to buy on the dip.

American Outdoor Brands (AOBC)

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positive development.

Furthermore, Pew reports that only a very small, single-digit minority view diversity as a negative. However, I think this latter statistic is misleading because very few admit to their prejudices.

the attacks against Asian Americans due to ignorant coronavirus panic. Moreover, sociological studies have demonstrated that human differences are among the catalysts for armed conflicts. That being the case, it’s time to take a long look at American Outdoor Brands.

I think the time has come for us to have a real discussion about firearms in America. The sad reality is that we have a sickness in this country. And yes, the deranged have access to weapons. But gun control will disproportionately affect law-abiding citizens who wish only to protect themselves and their families.

The cat’s out of the bag. America will probably be a much more divided and violent country in the future, which is why AOBC stock will cynically thrive over the long haul.

Teva Pharmaceutical (TEVA)

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Out of the stocks to buy on this list, Teva Pharmaceutical has endured the most difficult journey over the last five years. For starters, the healthcare system is essentially broken. Families are paying exorbitant costs while often receiving less-than-ideal care. For TEVA stock specifically, the underlying company has found itself embroiled in multiple controversies, including price gouging.

However, TEVA stock is off to a brilliant start in 2020, gaining over 34%. In fact, while the major indices printed red ink, Teva has steadily moved forward. Logically, some of the bullishness is based on the idea that the company is relatively insulated from the coronavirus outbreak. No matter what, demand for pharmaceuticals will always be strong.

And this segues into another point. Admittedly, TEVA stock is optically one of the less favorable stocks to buy right now. Over time, however, most folks will realize that the organization is a necessary evil. Our broken healthcare system will not fix itself anytime soon. But in the interim, we need access to affordable generics. Like it or not, that’s Teva’s forte.

Disney (DIS)

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stepped down from the top role. For someone who has frequently pushed back retirement, Iger’s move was a surprise. and it may have come too soon — as coronavirus continues to afflict the company, Iger has actually put his retirement on hold once more.

But the way I see it, Disney owns the trifecta in entertainment. First, through incredibly viable acquisitions like the Star Wars franchise, they dominate the summer blockbuster narrative. Second, through their resorts and theme parks, Disney levers an enviable physical footprint. Third, the company has made huge strides in streaming with Disney+.

Therefore, unless you think entertainment will go out of style, you can confidently bet on DIS stock.

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