Stocks to buy in 2021

Stocks to buy in 2021

2020-12-23 • Updated

Looking back at 2020

Stocks are generally classified as riskier assets. Investors tend to flow capital into stocks amid the risk-on market sentiment, and in the opposite, withdraw capital out of stocks amid the risk-off period. For instance, most stocks dropped significantly after the coronavirus outbreak and surged after the speed of the virus spread slowed down and countries started recovering. This example demonstrates the general movement in the stock market. 

Covid-19 cuts both ways

Speaking about specific stocks, Covid-19 brought more benefits than losses for some of them. Online shopping, deliveries, streaming, tech, and biotech stocks skyrocketed amid the coronavirus lockdown. For example, Amazon managed to hit 3 500 in September, while its pre-pandemic levels were around 2 200. At the same time, airline, tourism, entertainment, and hospitality stocks plummeted. Some of them are still on the dips. 

Forecasts 2021

The vaccine rollout encouraged investors to stream their money into riskier currencies and stocks. But what stocks have the highest potential to grow now?

Druckenmiller’s stock list

Billionaire investor Stanley Druckenmiller shared the list with the stocks to buy in 2021. It contains Microsoft, Amazon, Alibaba – stock giants that nobody doubts will grow further no matter what. More interesting picks are Netflix, Disney, and Starbucks. Disney will reopen its entertainment parks and shops, therefore its revenue should surge. Elsewhere, its new streaming service Disney+ will add tailwinds to the stock. Starbucks was hit hard by the lockdown. However, it has managed to go through the storm. Since shops are reopening, we may expect the resurgence in sales.

More ads!

Alphabet or Google is the one that worth considering buying now. The company was hit significantly by the coronavirus as its main profit source is advertising. Many companies stopped buying ads amid the pandemic as they needed money for more necessary purposes. Now the company is back on track, that’s why it’s a good time to invest in it. 

The price has touched the support of the 50-day moving average of $1 700, therefore it should reverse to the upside. It may meet a barrier at the key psychological mark of $1 800. The next resistance of $1 830. GOOGLEDaily.png

More entertainment and coke!

Coca-Cola was damaged by the pandemic as half of its sales come out from restaurants, stadiums, and other out-of-home locations. Since the US businesses have started to reopen, we might see soon growth of this stock. However, Europe and especially the UK imposed stricter restrictions now as the new coronavirus variant appeared there. Hopefully, it won’t spread around the world. 

Coca-Cola is moving in an ascending channel. If it jumps above the high of mid-November at $54.50, the way up to the next round number of $55.50 will be clear. Support levels are $51.50 and $50.00.

COCA-COLADaily.png  

No cash!

PayPal would be a smart investment as e-commerce continues developing. Indeed, Covid-19 changed the way customers buy products and services. Now, most prefer to make purchases and get services online, therefore digital payments will be in high demand. 

PayPal is edging higher to the key psychological level of $250.00. If it crosses it, the way up to the next round number of $260.00 will be clear. Support levels are at the recent lows of $210.00 and $200.00.

PYPLDaily.png

This list isn’t full, we will share new insights with you further! Check our website for more fresh ideas! 

TRADE NOW

Similar

S&P in the Сrosshairs
S&P in the Сrosshairs

Institutional investors speak about further growth in the stock market. In the exact market that has doubled since COVID-19 and doesn’t plan to stop. Is it possible?

Latest news

European Currencies Ahead of the Banks' Statements
European Currencies Ahead of the Banks' Statements

On Thursday, the 2nd of February, the Bank of England will publish its report concerning interest rates and inflation data for the Eurozone. Professionals and investors anticipate that Andrew Bailey’s lead team of policy makers will likely raise interest rates to 4%; the highest in over a decade, for the tenth time in a row.

Will the FOMC Surprise the Markets?
Will the FOMC Surprise the Markets?

The first FOMC meeting comes after a buildup of anticipation from traders and investors alike, as the markets await what posture the Fed will take regarding the interest rates; would there be a hike or a cut in interest rates?

What awaits the Oil Market in February?
What awaits the Oil Market in February?

Western countries are trying to find other options for oil and gas supplies after a 10th package of sanctions, which will put more pressure on Russian oil and decrease global oil supply. Italy, for example, is in talks with Libya.

Deposit with your local payment systems

Feel the Team Spirit

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Next callback request for this phone number
will be available in

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later

Don’t waste your time – keep track of how NFP affects the US dollar and profit!

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera