Stocks To Watch 2021
Good Day Readers,
In a couple of hours we will be in March (as at the time of writing this post) which is the end of the first quarter of the year 2021. As your go to place for investment advice and financial watch, we remain ever committed to fulfilling all the goals and objectives set for the year on having a more organised web page.
Today we will be discussing on the stocks to watch in 2021. The stocks listed below were carefully curated from the end of last year till now and they were picked based on forecast of future financial growth, all round company growth, business acceptability in the long run and both present and future world events.
- NIO - We believe this is one for the future. NIO is a Chinese owned electric vehicle company set to rival TESLA. Now trading under the $50 mark per share, the stock forecast expects that in 5years or less it would have grown by over 900% to about $450. If you buy $1,000 worth of NIO now, in 5years it would be worth $9,000. We think just because the company is Chinese it would get all the support it needs from the Chinese government. It is worth noting that one of the reasons why TESLA grew during the pandemic is because while most corporations or factories around the world was shut down, Chinese factories were allowed to work because they (China) "contained" the virus first.
- SQUARE - Square is an American financial service firm and mobile payment company. Focusing on its mobile payment company which produces card readers that help sellers accept contactless cards, chip credit cards, apple and google pay. Although the profit is in the short run, square share price is poised to increase as the year pans out due to the global disease (COVID). With a 5year forecast, the current price of $230 should be around $1,100 which is a 380% increase. In a year the share price would close to double trading at $426 per share.
- ALPHABET - Parent company to google on the stock market. Alphabet features on the list because of the company size and general acceptability. It is safe to say that google is going nowhere in the nearest future so even if the forecast for just a year is an increase of just $246 dollars from its $2,022 to $2,268, it is a safe stock trade to make knowing you will not loose money and are bound to gain fairly enough.
- TESLA - We are sure a couple of you were expecting to see it on the list. Tesla makes the list as a stock you can buy in the short run and be guaranteed a $200 increase in share price by the end of the year. When it comes to electric vehicles, Tesla owns 2021 and as such will have a good number in terms of production. The 5year forecast is pegged at 163% with share price at $1,774 which is not bad at all but compared to other EV company NIO is low.
- PAYPAL HOLDINGS - They operate an online payments system in various countries that support online money transfers. Paypal at the moment is trading at $260 and in a year is expected to have gone up to $390 per share. The 5year forecast however is more interesting as it expected to have a 250% increase to $909 per share. Your $1,000 now is expected to be around $3,490 in 2026.
Others listed below would not be discussed at length but are also very good options to buy in 2021.
- Lululemon Athletica
- Castle Biosciences
- Twilio
- Wayfair
- Nvidia (Intel)
We can guarantee that if you trade any of the stocks listed above, you will be making a profit come this time next year.
Till the next post;
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