In the article, Top 10 High Growth Stocks To Buy in 2021 written by Usman Kabir, a detailed analysis of stock growth is highlighted.
Since the launch of COVID-19 vaccines, the stock market has been on a roller coaster ride. Investors have been on edge due to uncertainties in the supply chain and the potential impact of pandemics. The rise of tech startups has turned the S&P 500 value index into a defensive play. Over the past decade, growth stocks have outpaced value stocks.
In a digital world, where there are no rules against market speculation, it has become a part of our lives. However, it should be noted that there are rules against it in the real world. Due to the volatility of the changing financial landscape, many investors have avoided investing in hedge funds. This has tarnished the reputation of the industry. Through our research, we were able to identify some of the best performing hedge funds in 2017.
Our stock picks performed exceptionally over the past 12 months, while a select group of funds that significantly underperformed the S&P 500 underperformed. In 2021, we will see the emergence of many high-growth stocks that will provide good returns. These stocks can grow at a fast pace and are backed by their robust business models and innovative products.
Zoom is a video communications company founded by Eric Yuan in 2011. It was later rebranded as Zoom after a children’s book inspired the company. In January 2021, the company became the official communications partner of the 2021 season of the F1 motor racing. The partnership will allow them to explore new opportunities in the hospitality and business sectors.
Shopify is an e-commerce platform that was founded by Scott Lake and Tobias Lutke in 2006. It was rebranded as Shopify in 2006. Stifel, an American financial services firm, has initiated coverage on Shopify with a target price of $1200. The company has a market capitalization of more than $145 billion and a revenue of over $2.93 billion in 2019.
WELL Health Technologies is a fast-growing Canadian healthcare company that provides electronic medical records and other solutions to health firms. It also offers digital health services through various apps. The company has a market cap of around $1 billion and is one of the leading players in the healthcare industry. It has also made several acquisitions in the past. In February 2019, it bought Canadian health firm CRH for $300 million.
Baidu is a multinational technology firm founded in Beijing in 2000. It is the world’s largest search engine and a leading provider of internet-related products. This is China’s largest search engine and it has a market cap of more than $77 billion. It has also made significant progress in developing autonomous vehicles.
Alibaba is a China-based multinational tech firm that is focused on e-commerce and Internet-related products. It became the world’s largest IPO in 2014. It has a market cap of more than $608 billion and is the world’s largest e-commerce company. According to an analyst, the company will remain the top tech stock in China for the time being. Read on to see Companies with the Highest Growth Stocks.