In our previous posts, we shared the Top 10 Best Places to Celebrate Christmas Day and New Year’s Day. Today, it’s time to get back all our expenses as we will share the Top 10 Best Stocks to Buy for Investment in 2021. But have you ever heard about the Russell 1000 Index?
The Russell 1000 Index is a weighted index of the market capitalization of the 1000 largest publicly-traded companies in the United States. It represents approximately 92% of the total market capitalization of all stocks listed on the US stock exchange. Therefore, it is considered to be a pioneer in large capital investments. Also, among the largest companies on the index includes Apple Inc. (AAPL), Johnson & Johnson (JNJ) as well as The Walt Disney Co. (DIS).
Here are the top 10 stocks you may watch and buy for investment in 2021. Some of these stocks have been bullish for a long time and could be unlikely to be successful for another year. So, make sure you look closely into these companies before you invest.
TOP 10: Zoom Video Communications, Inc. ($ZM)
Zoom Video Communications Inc. is a communications technology company that provides video communication platforms and web conferencing services. The cloud platform offers video, audio, content sharing, and chat capabilities for mobile devices, desktops, phones, and room systems. This platform supports 1,000 video participants and 10,000 viewers in a single conference call. Among other things, the FTC noted that in 2016.
Zoom mistakenly claimed that its services were protected by end-to-end 256-bit encryption. This level of security means that only senders and recipients can access content posted on the Internet. Zoom has agreed to implement a more robust information security program to resolve these allegations. This action could yield a higher chance of return from this month onwards.
TOP 9: Fastly, Inc. ($FSLY)
In our list of top 10 stocks, Fastly, Inc. holds the 9th place to watch and buy for investment in 2021. Fastly is also a cloud computing services provider. The Edge cloud platform allows developers to run, protect and deploy websites and applications. The company offers content delivery and image optimization, cloud security, streaming solutions, and many more.
The Fastly platform processes hundreds of thousands of internet applications every day. The company announced in October that it had completed the acquisition of Signal Sciences, a provider of web applications and API security solutions. They also agreed to purchase Signal Sciences for approximately $ 775 million.
TOP 8: Enphase Energy, Inc. ($ENPH)
Enphase Energy, Inc is a renewable energy company providing energy management solutions. They design and manufacture solar panels, store energy, and much more. It is estimated that this company employs more than 700 people worldwide and operates in 21 countries.
TOP 7: Moderna Inc. ($MRNA)
Moderna is a clinical-phase biotech company focused on discovering and developing vaccines and messenger RNA (mRNA) therapy. It develops mRNA drugs for infectious, immunomodulatory, autoimmune, and cardiovascular diseases.
The company conducts numerous clinical trials, including phase 3 and the commercial phase of mRNA-1273, a COVID-19. US (FDA) approval of the use of mRNA-1273 in an emergency after clinical trials showed the vaccine to have an efficacy rate of 94.1%. Moderna just announced that they would immediately send the vaccine to the US government.
TOP 6: Tesla, Inc. ($TSLA)
Tesla is the world’s largest automaker and one of the world’s leading electric vehicle manufacturers, with a market value of approximately $ 607 billion. They design and manufacture electric vehicles, including sedans and trucks. In addition, the company produces solar energy and storage products. It is to be seen that Tesla shares were added to the S&P 500 Index by 1.7% weight on December 21, 2020. Tesla has a net gain in the third quarter of 2020, the fifth quarterly gain, long. Nevertheless, they passed a series of financial losses in previous years.
The net sales of Tesla increased by 146.0%, with sales growth of 39.2% compared to the same quarter of the previous year. The company produced more than 145,000 vehicles and more than 139,000 deliveries in the third quarter of 2020.
TOP 5: Pinterest ($PINS)
Pinterest belongs to the social media industry with a market value of $42.3 billion. In addition, Pinterest (PINS, $ 68.47) is a social media app that allows users to group images by keyword. In general, user experience is about finding and providing inspiration. The company makes money from ads.
In collaboration with Shopify (STORE), the new ad technology platform enables advertisers to upload catalogs to Pinterest. Michael Lippert, the development funds manager for Baron Opportunity (BIOPX), shared that they will transform Pinterest’s business. He believes the shares could gain an average of 25% over the next four years. Pinterest’s stocks are still red now, but if Wall Street analysts are hoping to make a profit, it may be one of the best stocks for you to buy for 2021.
TOP 4: Alibaba Group ($BABA)
Alibaba group belongs to the internet retail industry with a market value of $713.1 billion. Glassman is interested in the critical new role Matthews China (MCHFX) played in the global e-commerce giant Alibaba Group (BABA, $ 263.80).
With 11.1% of assets under management (AUM), Alibaba has the second-largest share after Chinese hi-tech company Tencent Holdings (TCEHY, 11.3%). Alibaba is growing rapidly, and its sales tripled in the last three years. The stock is also on the rise due to its upward potential.
TOP 3: Hilton Worldwide Holdings ($HLT)
Hilton Worldwide Holdings belongs to the lodging industry with a market value of $29.6 billion. “The demand will increase when the pandemic fades,” says Matt Gershuny, co-director of Parnassus Mid Cap (PARMX), who recently bought shares in the hotel. The damage the virus has done to Hilton cannot be denied.
On the right track are a 50% drop in sales and a 64% drop in profits for 2020. Revenue per room was $47 at the end of 2020 compared to $102 in 2019. However, Wall Street analysts expected gains to gain ground in 2021. Moreover, Hilton is expected to reach a $ 3.5 billion jackpot.
TOP 2: IEC Electronics ($IEC)
IEC electronics belongs to the electronics industry with a market value of $121.9 million. Small business stocks have been in investors’ favor for the last six years, but gems still exist. Dan Abramowitz, Maryville-based Hillson Financial Management, specializes in these types of stocks and is the one who earns full returns price plus dividends from 56.9% since the beginning of December. IEC specializes in equipment for the defense and medical industries.
Abramowitz expects some slowdown in growth rates, but gains should increase by double digits. According to Abramowitz’s forecast earnings for the next year, stock trading and earnings with a price-to-earnings ratio of 15 may surprise the uptrend. The IEC is just among the best stocks to buy for investment in 2021 due to its potential to be a buyout target.
TOP 1: Castle Biosciences ($CSTL)
The company that holds the top spot in our list of the top 10 best stocks to buy for investment in 2021 is Castle Biosciences. Castle Biosciences belongs to the diagnostic and research industry. The market value of this stock is $1.2 billion. Glassman also researched its Wasatch Ultra Growth (WAMCX) portfolio, a fund that focuses on trends and has averaged an incredible 26.6% over the past five years.
Wasatch makes a big bet on healthcare and accounts for over a third of the fund’s assets. One of those wagers is Castle Biosciences (CSTL, $ 58.05), an organization outside of Houston that develops proprietary tests for skin and eye cancers. Castle’s shares were traded only a year and a half ago and have since risen 262% from the $16 IPO price. However, Wasatch continues to expand its positions, and CSTL is currently one of the positions. The fund has ten leading shares that can be purchased at 2.4% of AUM.
What are the Top 10 Best Stocks to Buy in 2021?
Many of the best stocks to buy in 2021 are closely related to the prospect of economic recovery as the world fights COVID-19. As any investor will confirm, there are always some surprises in the stock market.
So, here are the Top 10 Best Stocks to Buy for Investment in 2021 for you to look into:
- Castle Biosciences ($CSTL)
- IEC Electronics ($IEC)
- Hilton Worldwide Holdings ($HLT)
- Alibaba Group ($BABA)
- Pinterest ($PINS)
- Tesla, Inc. ($TSLA)
- Moderna Inc. ($MRNA)
- Enphase Energy, Inc. ($ENPH)
- Fastly, Inc. ($FSLY)
- Zoom Video Communications, Inc. ($ZM)
Overall, the critical factor experts in determining the best stocks to buy for investment in 2021 is the same factor as in 2020, and that is COVID-19. So, make sure to invest wisely! Check out our post on
WATCH: Top 10 Best Stocks to Buy for Investment in 2021
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Author: Fahad M.
Fahad M. is approachable and energetic about resolving SEO and content-related issues. He is customer-focused and always has the big picture in mind. He is also extremely creative and eager to assist wherever and whenever possible.
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