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5 Stocks to Buy in 2019

- By Jacob Maslow

The new year is here, and it's not too late to change up your stock portfolio for 2019. Whether you're looking for companies whose stocks have taken a beating lately or you want to beef it up with more diversity, the following list of stocks is sure to contain something that sparks your interest.

Sirius XM

There are several reasons why Sirius XM Holdings Inc. (SIRI) should be in your 2019 portfolio. Its low share price and the fact it's basically a legal monopoly within the satellite radio system make it attractive. As an added bonus, Sirius XM is primarily a subscription-driven company and currently boasts about 33.7 million subscribers, according to its recent quarterly report. Just for reference, subscription fees generated $1.16 billion of the company's $1.47 billion in revenue.


A leader in wireless and telecommunication services, Verizon Communications Inc. (VZ) is the largest such company in the United States. In spite of some bad business decisions, such as acquiring a few Yahoo! properties as well as AOL, which resulted in a write-off to the tune of $4.5 billion, Verizon is still the leader in connecting people. Among its industry-leading moves was the company's rollout of a 5G network -- the nation's first. In a nod to its staying power, Verizon has proven again and again that it can secure and keep its market share even when faced with stiff competition such as the introduction of the un-bundling plans by T-Mobile.


Formerly known as TASER International, Axon Enterprise Inc. (AAXN) changed its name in 2018 to better encompass its core functions: to offer police body cameras as well as the software that supports, stores and analyzes the data that's recorded. In 2018, Axon accounted for 61% of the tasers sold in the United States. However, it's the company's growing business in body cameras that make its stock one to hold in 2019. The company's software platform allows police departments to access the footage from their body cameras for a monthly fee.


Alibaba Group Holding Ltd. (BABA) is the impetus behind the Chinese version of Amazon (AMZN). Much like its American counterpart, Alibaba's reach now extends far beyond online marketplaces. It has added media, electronic payments and cloud computing to its roster of additional businesses. At this point in time, Alibaba is a good buy due to China's economic woes. Although its shares have plummeted over 30% since June, Alibaba's revenues continue to rise sharply. Even more enticing is the fact most of its market is domestically-based, so the company isn't likely to be affected by trade wars with the U.S.

IHS Markit

Based in London, IHS Markit Ltd. (INFO) made a mark for itself in the growing data technology and analytics sector with a focus on transportation, energy and financial companies. With over 50,000 clients, IHS Markit counts a full 80% of those as Fortune 500 companies.

It can be tough to shake up your stock portfolio after the holidays, but doing so is crucial if you want to meet your investment goals. HG Finans can help you free up more cash so you can take advantage of these hot stocks for 2019.

Disclosure: The author does not have any stakes in the listed equities.

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This article first appeared on GuruFocus.