Top 5 Stocks To Buy Right Now for 2021
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Some stocks will move while others shake, but 2021 may be the perfect year to start investing once again. With the global pandemic drawing to a gradual close, the once-frozen gears that kept us in lockdown should finally start to slowly thaw.
Dropbox, Inc. (DBX)
In the last twenty years, there has been an increase in the amount of platform stocks available for first-time and seasoned investors. Take, for example, Dropbox. This popular Internet app is a Cloud storage site that is used by teams and has a variety of tools for professionals, from folders to Power Point templates and more. You can even use Trello.
Walgreens Boots Alliance, Inc. (WBA)
Walgreen's is a timeless classic among the stock options. Think the Covid vaccine. With handy shipments from Pfizer and Moderna coming in by the truckloads, this may boost revenue for the giant chain. Be that as it may, customers might do a little food shopping or buy another item as they remain in the store waiting to get that vaccine. The very fact that the vaccine can boost sales means that revenue for the giant chain will increase, which means greater dividends for investors.
JPMorgan Chase & Co. (JPM)
Companies like J.P. Morgan Chase are fully aware of the things that their competition may be doing. As a result, they can get creative and develop reliable strategies in an effort to stay ahead, and this is why so many investors look to them as a stock option. Plus, the employee morale is excellent due to the strong relationship between the current CEO, Jamie Dimon, and those who work at all the branches worldwide. The only real risk is loan losses, which is something that should be considered when dealing with our current situation. The global pandemic has displaced a lot of workers all over the world, leaving many to feel economically disenfranchised and unable to keep up with bills.
Shopify Inc. (SHOP)
Shopify is the latest online venture that holds interest among investors. In fact, like many platform sites, it starts with a bit of a shaky reputation due to the fact that it is a brand new business with an online platform. Currently, investors are predicting a mere 32.50% of revenue growth over the next year, but some are speculating that it could jump up to as much as 50%. This reflects the current price-to-earnings ratio, which caused the platform company to grow to a booming 96% in earnings over the last quarter, and that growth has helped them beat Amazon, their main online rival.
Tattooed Chef, Inc. (TTCF)
America's sudden interest in plant based foods has given birth to a new company. Known as the Tattooed Chef, it specializes in the production of vegan and plant-based foods, from cauliflower crust pizza to acai bowls and more. Perhaps the name offers a catchiness to the product line that spurs rapid sales by motivating an eclectic crowd to purchase their product line, and that gives it a boost to investors. Even with limited information, you know this company has excellent potential, and that should be enough to have you calling your broker for a price share quote.
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