Stocks to buy

Buckle up to go through an interesting lineup of stocks that exhibit strong sales forecasts and a high potential for sales growth. These top-tier investment opportunities should soar, making them ideal choices for investors seeking stocks with promising sales trajectories.

Regardless of whether you’re a seasoned investor or just starting out, these stocks offer an enticing opportunity. Their sales growth projections indicate a favorable future, further enhancing their appeal as candidates for a well-diversified portfolio.

So, don’t miss out on these stocks set to soar! As the market continues its upward trajectory, these carefully curated picks can provide you with the sales growth you desire.

It’s time to make your investment move and seriously consider adding these stocks to your portfolio today. Doing so will set you on a path towards a promising future of sales growth and financial success.

BUD Anheuser-Busch InBev SA/NV  $57.89
ASML ASML Holding N.V. $717.41
CSCO Cisco Systems $51.12

Anheuser-Busch InBev SA/NV (BUD)

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Anheuser-Busch InBev SA/NV (NYSE:BUD) is one of the top stocks with high sales forecasts and tremendous potential for sales growth.

Despite recent challenges, BUD remains an enticing choice for investors seeking stocks with strong sales forecasts and opportunities for growth.

The alcohol industry is expressing concern over the declining alcohol consumption trend among Generation Z. However, BUD has responded proactively by diversifying its product offerings beyond alcoholic beverages.

This strategic move has played a key role in the company’s ongoing success.

In the first quarter of 2023, Anheuser-Busch posted solid results, surpassing Wall Street estimates. The company achieved robust earnings, with non-GAAP earnings per share of $0.65 and revenue of $14.21 billion. Its normalized EBITDA experienced substantial growth, with a 13.6% increase and a remarkable EBITDA margin expansion of 33.5%.

The company expects its core profit (EBITDA) to grow in line with its medium-term outlook of 4% to 8%. Anheuser-Busch anticipates its revenue will outpace its EBITDA growth, reflecting a positive trajectory for the company.

Anheuser-Busch InBev SA/NV maintains a significant global market share, covering over 28%. The company has demonstrated effective financial management. An average annual free cash flow of $8 billion allows Anheuser to exhibit a healthy balance sheet and financial stability.

Considering the company’s resilience, Anheuser-Busch InBev SA/NV presents an attractive opportunity for investors seeking high-potential stocks with sales growth. With its strong sales forecasts and commitment to financial stability, this stock is poised to soar in the market.

Investors looking for stocks to buy for sales growth should seriously consider Anheuser-Busch as a promising addition to their portfolios.

ASML Holding N.V. (ASML)

Source: Ralf Liebhold / Shutterstock

Dutch enterprise ASML Holding N.V. (NASDAQ:ASML) stands out as one of the top stocks with strong sales forecasts and a high potential for sales growth. With its remarkable performance, ASML Holding N.V. is poised to soar. This makes it an excellent choice for investors seeking stocks to buy for sales growth.

ASML’s advanced lithography systems enable the production of cutting-edge microchips, making it a key player in the semiconductor industry.

The company’s dominance in lithography equipment and EUV technology gives it a significant competitive edge. ASML benefits from innovations such as new materials, improved energy efficiency, and quantum chips.

While restrictions on selling ASML’s DUV systems to Chinese companies have been imposed, the impact on ASML is minimal. The company’s upcoming EUV High NA (EXE) machine is expected to be operational by 2025.

This machine will enable the creation of 2nm chips, surpassing the limitations of the affected DUV systems.

ASML’s financial outlook is promising, with Q2 2023 net sales projected between €6.5 billion and €7 billion, anticipating over 25% net sales growth for the entire 2023 fiscal year. The company forecasts substantial revenue growth, reaching €30 billion to €40 billion in 2025 and €44 billion to €60 billion in 2030.

Despite risks and potential revenue impacts, ASML can redirect lost demand and maintains a strong market position. With Taiwan as its largest revenue contributor, ASML shows resilience and flexibility.

In summary, ASML Holding N.V. is a top-tier tech stock with dominance in the semiconductor industry, significant growth potential, and a promising financial outlook. These factors position ASML as a compelling long-term investment opportunity.

On a separate note, if you’re seeking reliable investments for long-term growth, look no further. Louis Navellier and the InvestorPlace Research Staff have compiled a compelling list of 7 blue-chip stocks that offer solid returns. These trustworthy picks can help you secure your financial future.

Cisco Systems (CSCO)

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Cisco Systems (NASDAQ:CSCO), the dominant player in network gear and internet infrastructure, reported a 23% decrease in orders in the previous quarter, causing a dip in its stock price. However, the company remains optimistic due to its strong sales forecast, which exceeded analysts’ expectations.

CEO Chuck Robbins expressed confidence in the steady demand for their products, highlighting an improved supply chain that has instilled customer trust in investing in equipment to handle the ever-increasing data flow. Furthermore, it is noteworthy that the number of order cancellations has consistently remained significantly lower than historical levels.

Robbins attributed the decline in orders from February to April to customers needing time to assimilate the earlier surge in product shipments. He also acknowledged some client caution driven by a challenging economic environment.

Despite the temporary setback in orders, Cisco’s positive sales outlook indicates the company’s resilience. With the reassurance of robust sales forecasts and an optimistic CEO, Cisco is poised to regain momentum.

Cisco is a reliable and promising investment option in an industry where sales growth is crucial. Its strong sales projections and focus on enhancing its supply chain position Cisco as one of the top stocks with high sales forecasts. Investors seeking stocks with strong sales forecasts and potential for growth should consider Cisco. It has the potential to soar and deliver impressive returns.

Dreaming of investing in a trillion-dollar company? Charles Munyi shares 3 undervalued gems that have the potential to reach that milestone. Find out which companies could make you a fortune.

On the publication date, Faizan Farooque did not hold (directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.

Faizan Farooque is a contributing author for InvestorPlace.com and numerous other financial sites. Faizan has several years of experience in analyzing the stock market and was a former data journalist at S&P Global Market Intelligence. His passion is to help the average investor make more informed decisions regarding their portfolio.

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