Fortunately, we have made through the first half of 2020! However, the next half of the year looms with numerous questions about the global economies amid this COVID-19 pandemics.
Right now, the global stock market took a complete beating, but there is a popular saying in the world of investing – market crashes should be seen as opportunities to lap up quality stocks. This may prove right even now as well.
If you are a first-time investor (preferably looking for long term) and don’t want to be a ‘Robinhood trader’, then you are in the right place. While Tesla, Hertz, and others are trending, we tell you which European companies you should put your money on.
Adyen (Amsterdam, Netherlands)
Founder: Pieter van der Does
Stock symbol: AMS: ADYEN
Adyen is a payment company that allows businesses to accept e-commerce, mobile, and point-of-sale payments. With offices across the world, Adyen serves customers including Facebook, Uber, Spotify, Casper, Bonobos, and L’Oreal.
Spotify (Stockholm, Sweden)
Founders: Daniel Ek, Martin Lorentzon
Stock symbol: NYSE: SPOT
Spotify is a commercial music streaming service that provides digital content from a range of record labels and artists. The streaming platform is available on mobile device platforms such as Android, Blackberry, Boxee, iOS, Linux, MeeGo, Squeezebox, Windows mobile, and more. To date, Spotify is the most popular global audio streaming service with 286 million users, including 130 million subscribers across 79 markets.
ASML holdings (Veldhoven, Netherlands)
CEO: Peter Wennink
Stock symbol: SWX: ASML
ASML is the provider of lithography systems for the semiconductor industry, manufacturing complex machines that are critical to the production of integrated circuits or chips.
Takeaway (Amsterdam, The Netherlands)
Founder: Jitse Groen
Stock symbol: AMS:TKWY
Takeaway.com is an online food delivery marketplace in Continental Europe and Vietnam. With over 31,000 connected restaurants, Takeaway.com offers consumers a wide variety of food choices. The group mainly collaborates with delivery restaurants.
Teamviewer (Göppingen, Germany)
Founder: Tilo Rossmanith
Stock symbol: ETR: TMV
TeamViewer is a cloud-based all-in-one solution for remote access, support, collaboration, and desktop sharing over the internet. As per the company claims, TeamViewer has been activated on more than 2 billion devices and more than 45 million devices are online at any time. Founded in 2005 in Goppingen, Germany, the company employs about 800 people in offices across Europe, the United States, and the Asia Pacific.
AMS (Unterpremstatten, Austria)
CEO: Alexander Everke
Stock symbol: SIX: AMS
ams develops high-performance solutions for the most challenging applications in sensors, sensor interfaces, power management, and wireless. The company offers sensors (including optical sensors), interfaces, and related software for consumer, communications, industrial, medical, and automotive markets.
DISCLAIMER: Our content is intended to be used and must be used for informational purposes only. It is very important to do your own analysis before making any investment based on your own personal circumstances. You should take independent financial advice from a professional in connection with, or independently research and verify, any information that you find on our website and wish to rely upon, whether for the purpose of making an investment decision or otherwise.
Main image credits: Adyen