As we enter into a new year, investors are looking for new opportunities to grow their portfolios. While the stock market is always unpredictable, there are certain stocks that are likely to outperform the market in 2021. Whether it be due to promising developments in their industry, strong financial performance, or other factors, these stocks have caught the attention of investors and analysts alike. Here are the top stocks to watch in 2021:
1. Amazon (AMZN): As the e-commerce giant continues to dominate the online retail space, Amazon’s stock is expected to continue to perform well in 2021. With the shift towards online shopping and the company’s expansion into new markets such as cloud computing and entertainment, Amazon is well-positioned for growth in the coming year.
2. Tesla (TSLA): Tesla has been a standout performer in 2020, with its stock price soaring to new heights. As the electric vehicle industry continues to grow, Tesla is expected to be a major player in the market. With new models in the pipeline and increased production capacity, Tesla’s stock is one to watch in 2021.
3. Apple (AAPL): As a leader in the technology industry, Apple is a stock that investors should keep an eye on in 2021. With the release of new products such as the iPhone 12 and the continued growth of its services business, Apple is poised for another strong year.
4. Moderna (MRNA): With the development of a successful COVID-19 vaccine, Moderna has emerged as a top stock to watch in 2021. As the company continues to ramp up production and distribution of its vaccine, Moderna’s stock is expected to see continued growth in the coming year.
5. Zoom Video Communications (ZM): As remote work and virtual meetings have become the norm, Zoom has seen a surge in demand for its video conferencing platform. With companies and individuals relying on Zoom for communication, the company’s stock is expected to perform well in 2021.
6. Alphabet (GOOGL): As the parent company of Google, Alphabet is a stock to watch in 2021. With its dominant position in the online advertising market and its growth in cloud computing and other technology sectors, Alphabet is expected to continue to see strong performance in the coming year.
7. Pfizer (PFE): Another pharmaceutical company that is worth watching in 2021 is Pfizer. As a major player in the development and distribution of COVID-19 vaccines, Pfizer’s stock is likely to see growth as the company continues to work on new treatments and vaccines.
While the stock market is always unpredictable, these stocks have the potential to deliver strong returns in 2021. By keeping an eye on these companies and staying informed about their developments, investors can make informed decisions about their portfolios in the coming year. It is always important to do thorough research and consult with a financial advisor before making any investment decisions.
