Sharesies is one of the biggest platforms in NZ where people above 16 can invest in companies, buy shares and became a part of the NZ stock market as a potential investor. This is why Sharesies is acknowledged by almost everyone in NZ and has the most customer registrations than any other digital invest company.
In this article, you will find out which are the best NZX stocks for a maximum profit outcome and how you can do that. All you need to know here, in this article is what the names of those stocks are and the rest you will be able to do it yourself on Sharesies website.
If you are new to Sharesies you can open an account by clicking HERE. Doing so will mean that you will receive FREE $5 in your account and so we will for referring you.
1. Spark New Zealand (SPK)
Spark NZ is a New Zealand owned company that provides telecommunication and cell phone services to the entire country. It is the best in terms of revenue and profit-building.
2. Pushpay Holdings (PPH)
Pushpay Holdings is a donor system where this company provides donor tools to management systems to schools and educational institutions. It has a great revenue system with a high profit-margin. This is a company where you can buy shares or buy funds.
3. Genesis Energy (GNE)
This is again an electricity providing company that provides electricity, natural gas and LPG. Genesis Energy is a retailing company that helps customers with what they need in concerns to power. With its profits sky-rocketing, this company is the perfect place to buy some shares and become shareholders.
4. EROAD Limited (ERD)
EROAD is a transport company that is based in NZ and helps all kinds of transportation that go through roads. They help provide services to pay for the road tax and any other charges that may fall on regular commuters once on the road. This all works, as they provide with special systems that can be easily accesses. This company again has a high rate of profit outcome thus being one of the best stocks present in NZX.
5. Port of Tauranga (POT)
Port of Tauranga is a port in New Zealand which controls the shipments, cruise and cargo. This is a great investment opportunity for those who wish to give back to the people as this port helps to transport goods from one port to the other. The revenue collected from this company along with profit is enough to convince someone who is looking to buy some stock in NZX that this is the best place to do it.
Summary
This concludes our list of the best NZX Stocks to buy in Sharesies for big profits in 2020.