Suppose you are thinking of investing in the stock market for the first time, then you need to analyze the ongoing scenario. Because none will want to waste their hard-earned money, you should make sure that you are investing in the right stocks before investing in the stock market.
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Another thing we would like to mention is that you should keep in mind what is trending around. In 2021, you can look into five types of stocks. They are growth, green, e-commerce, travel, and last but not most minor, health care. There are plenty of opportunities in those mentioned stocks. Keeping that in mind, here we have come up with the five best companies to invest in 2021:
Online retail companies have become ultimate beneficiaries of the COVID-19 pandemic. Staying at home has made us dependent on online companies. Amazon is the most successful e-commerce website in the world.
From June 2020, Amazon’s stock price has risen around $2545 per share to more than $3500 per share. With this growth, this pioneer of e-commerce websites has become the most substantial stock on the market today.
Who hasn’t attended a zoom meeting since the pandemic started? Almost everyone knows about the zoom video calling platform. It is another fastest-growing stock of 2021. Its market capitalization is $108.3B, and revenue growth is 191.4%. Don’t you think it will be wiser to invest in this fastest-growing stock?
Do you consider yourself a game-freak tech junky? Then you MUST know about Nvidia. This company is the inventor of the Graphics Processing Unit (GPU). Its chips are being used widely in many technologies, such as artificial intelligence, autonomous driving, etc.
Nvidia has come up with a four-for-one stock strategy so that small investors can also participate. This company is trading over $800 per share. They are the pioneer of high-end computer graphics, and they have continued to innovate to make their position a step ahead. It is worth investing in Nvidia for its pledge approach.
Moderna is a biotechnological company. They are involved in inventing RNA therapeutics and vaccines. It makes mRNA medicines for infectious, immune-oncology, cardiovascular diseases. Globally, Moderna’s COVID-19 vaccines are the highest demanding product. Investing in Moderna’s stock can be categorized as momentum investing. Momentum investment refers to the faster-rising store than market stocks.
Moderna’s market capitalization is $131.9B. For 12-months trailing, its total return is about 311.1%. Now, you can assume Moderna’s profit-loss percentage a little more!
Game Stop Corporation
Game Stop conducts 4,000 stores and e-commerce properties in 10 countries in the world. This company sells and distributes video game hardware, software, and other accessories. Recently, Game Stop has come to the focus attention of investors.
The market capital of Game Stop is $12.4B, but the actual game is on the other part, while this company’s 12-month trailing total return is 4350%. Surprising, right? Have you started calculating your investment here?
We believe this write-up will help you to find the best company to invest in in 2021. Nevertheless, it would be best to start researching to make wise investment decisions for the long run.