Ever given thought to how much gain you can see from stocks investment? Or to put it in another way; have you ever considered investing in stocks? Well, if yes is your answer to these questions, you’re certainly not alone. Yes, stocks investment has always been an incredible way for people or households to earn massive passive income. Of course, at this point, chances are your eyes are set on the traditional stock market, which is of no doubt, immensely profitable for investors.
But hey, have you thought about how blockchain technology stocks can revolutionize the market?
Today it’s no longer news that the emergence of blockchain technology has transformed the future of finance, healthcare, energy among other industries. Yes, this revolutionary technology isn’t rooted or focused on just cryptocurrencies. It also boasts the capacity to transform marketplaces and of course, revolutionize how business is done; allowing for greater transparency, security and efficiency.
So now the big question is, which blockchain stocks are worth being on your radar for 2018 and beyond?
Well, the good news is, there are quite a few to keep in mind — 5 to be precise. Interestingly, the list consists of big and promising names, most of which are sure to be familiar to you and other investors. It’s also good to point out that our picks are relatively safe companies that boast steady and highly profitable core operations, with flourishing blockchain projects on the side.
Let’s check them out!
First off is the New York-based firm, NASDAQ — a leading provider of securities trading, clearing, exchange technology, and listing services. It’s also worth noting that NASDAQ is the second largest stock exchange in the world, boasting an impressively combined market cap of listed stocks. And interestingly, the company was one of the first to explore the power of blockchain and incorporate the use into its operations. In fact, Fredrik Ross (the vice president of blockchain innovation for Nasdaq) has made it clear that the company will continue to encourage both people and businesses to explore the technology and get a better understanding of what it has in store.
Moving forward, as a potential investor, you’ll be happy to hear that Nasdaq has already recorded several successes from its blockchain endeavors. Speaking of which, the fintech company launched its proprietary blockchain solution, Linq; it uses blockchain to allow private firms to digitally represent share ownership. It’s also good to point out that in June, NASDAQ alongside EuroCCP, ABN AMRO Clearing and Euroclear announced the completion of a proof-of-concept test that leverage the power of blockchain to solve margin calls via a distributed network of collateral givers, takers, and intermediaries in minutes. And for what its worth, analysts believe that Nasdaq is likely to boost its earnings by more than 12% yearly over the next 5 years. All in all, Nasdaq is one blockchain stock you won’t be wrong to watch in 2018 and beyond.
IBM is yet another tech titan that’s riding the blockchain wave. Yes, for those who might not be aware, the Big Blue is one company that’s seriously embracing blockchain technology. How? Well, first off, IBM has over 1,000 blockchain employees and more than 400 blockchain clients. And when we say clients, we’re talking about the likes of Visa Inc., Wal-Mart, A.P. Moeller-Maersk AS, and DowDuPont Inc. Essentially, IBM’s blockchain platform provides clients with a fully managed blockchain as-a-service (BaaS) offering. It’s basically a cloud-based solution that makes it possible for companies or individuals to record and track all types of complex transactions and record keeping networks securely.
It’s also worth mentioning that IBM believes that its blockchain platform boasts the capacity to reduce financial service transaction disputes from $100 million each year to $30 million. That’s not all — the company also estimated that its blockchain offering would reduce overall resolution time by 77%! To sum it up, every investor should be aware IBM is still yet to realize significant revenue from its blockchain endeavors. But of course, that’s likely to change dramatically over the next two years and eventually push the current price ($157.50) up to $200 (and beyond) by 2020 to 2021.
Next in line is Bank of America (US second largest bank) — a company that clearly stands to benefit the most from Wall Street’s inevitable migration to blockchain technology. Yes, for those who might not be aware, Bank of America is the biggest holder of blockchain related patents right now! And interestingly, today’s tech industry has shown that owning key patents can be incredibly lucrative.
But is Bank of America really interested in blockchain technology?
Well, BoA, for the most part, is one of the many companies that believe in the revolutionary power of blockchain technology. In fact, the bank’s research analysts are of the opinion that the technology can turn out to be a multi-billion dollar industry in years to come. And amazingly, they also predicted that blockchain will be incredibly important or better still, invaluable to leading companies like Microsoft and Amazon. With this in mind, you can tell that BoA is a strong proponent of blockchain technology and its applications. Overall, it’s one stock that deserves a prominent spot on your radar.
Did you ever think Microsoft is a stranger to blockchain technology? If yes, think again — the company has been testing the waters since 2015. And of course, it has recorded its own fair share of successes. Speaking of which, Microsoft boasts a platform (Azure) that offers blockchain-as-a-service to businesses. The cloud computing platform aims to help companies or organizations improve the security of their business transactions by leveraging the power of blockchain technology. And interestingly, the platform has been a key player in MSFT’s success. In fact, Morgan Stanley has predicted that Microsoft could increase its Azure revenue from $3.9 billion in 2017 to $21.6 in early 2020. It’s also good to know that Microsoft has since partnered with India’s BankChain, a consortium of banks that use blockchain tech to curtail financial terrorism, money laundering, and customer fraud. That’s not all — Microsoft is also working alongside Groupe Renault to develop the very first secure digital car maintenance ledger runs on the blockchain. Need we say more?
Last but certainly not the least is the US-based American data storage company, Seagate Technology PLC. Most of us might not be aware but Seagate was one of the first companies to take advantage of blockchain’s capacity to improve corporate finance. So of course, the company will get to enjoy increased storage demand and the incredible efficiencies of the blockchain.
Moving forward, you should know that Seagate has shown interest in supporting Ripple Labs, a blockchain-based solution that works to facilitate fast and secure cross-border transactions. Perhaps another reason to consider Seagate is that it’s basically a backdoor blockchain stock that boasts real fundamentals. For instance, its most recent fiscal report stated that the company’s sales were $11.2 billion, up 4% every year and its non-GAAP earnings per share were $5.51, up 34% year over year. All in all, considering its shares and blockchain advantage, one can tell that Seagate is a stock to watch. And of course, we believe that purchasing a little of it in portfolios could be profitable in the long-run.
Finally, you should be aware that it’s in your best interest to select stocks after careful research instead of just rushing into it. The good news? Each stock on our list clearly have strong foundations in their respective industries and that, of course, is a key criterion to consider before taking the next step. Good luck.