In April, consumer prices rose to new highs as rising demand pressed against supply limits. The increased level of uncertainty has prompted discussion about the federal government’s interest rate policy. The emergence of retail investment and meme stocks has added to the negative picture. After peaking at $64,829 on April 14, Bitcoin, the most popular cryptocurrency, has dropped over 24% in a week. Elon Musk, the CEO of Tesla, Inc., was obliged to clarify recently that his business had not sold any Bitcoin. Alibaba Group Holding Limited has been surpassed by Pinduoduo Inc. as China’s largest e-commerce company. The supply chain difficulties that are causing price increases and inflation, in general, are unlikely to be rectified anytime soon. Smart money is already preparing for further unpredictability.
Here, Insider Monkey presents the list of the 10 best volatile stocks to buy. Lam Research Corporation is a semiconductor processing equipment manufacturer and seller based in California. On the ranking of the ten most volatile stocks to purchase, it ranks tenth. The company’s equipment is utilized in the manufacture of integrated circuits. Over the last year, Lam stock has returned more than 134 percent to investors. The semiconductor company NXP Semiconductors N.V. is based in the Netherlands. More than 30,000 individuals work for the corporation, which has operations in over 35 countries. The stock of NXP has a 52-week range of $93-$216. Square, Inc. is a financial services company based in California that was launched in 2009. On the ranking of the ten most volatile stocks to purchase, it ranks eighth. Over the last twelve months, Square stock has returned more than 171 percent to investors. Coupang, Inc. is a South Korean e-commerce company that was established in 2010. It is the seventh most volatile stock to purchase on the list of ten greatest volatile stocks to purchase. The company went public in March of this year, raising more than $4.6 billion in its initial public offering. The stock has soared since the IPO, and the company currently has a market capitalization of $63 billion. JD.com, Inc. was launched in 1998 as a Chinese online marketplace. It is the sixth most volatile stock to purchase on the list of ten greatest volatile stocks to purchase. In the last year, JD stock has returned more than 22% to investors. For more details, click 10 Best Volatile Stocks to Buy.
