Buying a Stock is Easy, but Buying the Healthy Stock without any Strategy is Incredibly Hard. So What are the Best Stocks to Buy Now 2021
Are you looking for the right opportunity to invest your money that can give higher returns in the future? Then nothing can beat investment in the best stocks of 2021. I want to be honest there is no shortcut and only investment in stocks can double or triple your investment in minimum duration. In this article, we will enlist some best stocks to buy now in 2021 that will give you handsome returns not only in 2021 but also in 2022. Scroll down now to see complete details about them!
The 5 Best Stocks to Buy Now For A Diversified Portfolio
It is one of the companies that keeps updating itself every day which is reflected in its huge growth. For those who don’t know, Pinterest is a social media platform that has established itself in modern creativity. You can create your own picture boards with visual moods in the design you want to inspire you with endless ideas and projects.
Pinterest also allows you to purchase products through the media site and recently launched new features that allow you to directly purchase the latest Pins (items shown in the image) while notifying you when they are available in stocks.
With this future perspective, by creating an internal online sales system thanks to its images, which are currently ranked among the best in all search engines, growth, and turnover by 2021 will be boosted.
Analysts expect the company’s revenue to rise dramatically, in the range of 60 to 90 percent, next year.
Atlantica Sustainable Infrastructure (AY)
Atlantica Sustainable Infrastructure is a company that builds on the sustainability trend observed in recent years. Many countries have already started their transition to green energy and Atlantica Sustainable could therefore benefit greatly. The British company, which was founded in 2013, offers renewable energy solutions.
The company is also active in electronic transmission, transportation infrastructure, solar power, and sustainable water supply. Atlantica Sustainable Infrastructure also owns natural gas deposits. Also, Atlantica invests in infrastructure, which allows it to have a well-diversified portfolio.
Atlantica Sustainable Infrastructure stock hit an all-time high at the end of January 2021. It then tumbled from $ 48.49 to $ 31.61 in two months. But we can see in this correction a necessary readjustment in a market that had become overbought. The latter seems to have since entered a phase of consolidation, characterized by low volumes and flat moving averages. So these will be the best stocks to buy right now. In a world where everything revolves around sustainability, this action could be among the best 2021 actions.
Lemonade (LMND)
Lemonade Insurance Company is an American insurance company. It offers home insurance to tenants and owners in several US states as well as liability insurance in Germany, the Netherlands, and France in particular. Lemonade offers its insurance services through mobile applications and online using chatbots. The company intends to revolutionize the insurance market with a simplified customer experience and instant claims reporting.
Lemonade entered the insurance industry quite recently. Its IPO in July 2020 did not go unnoticed. Investors who are looking for innovative companies should definitely watch out for this Best Stocks to Buy Now that is likely to spark sparks in 2021.
NVIDIA (NVDA The Best Stocks to Buy Now)
Nvidia is well known in the financial markets. A true leader in the technology market for years, the company intends to remain so. During the March 2020 stock market crash, the stock price collapsed to $ 180.68. On July 2, 2021, the stock closed the week at $ 819.48. This represents an increase of over 350%! Nvidia’s success began when it made chips for video games. Subsequently, the company uses artificial intelligence and innovated a whole series of applications for its graphics cards to carry out the mining of electronic currencies or used in autonomous cars.
Nvidia is fully focused on the development of a new division, namely data centers. Cloud computing has literally exploded in recent times, especially since telecommuting has emerged as the new normal, which has boosted the demand for cloud services and data centers.
The release of first-quarter 2021 results revealed revenue of $ 5.66 billion, while analysts predicted $ 5.41 billion. Demand for video games and cloud computing has exploded during the pandemic. How high will the Nvidia meteor rise? Is it Profitable to buy video games Best Stocks Now?
Starbucks (SBUX)
Like many other companies, 2020 has been a tough year for Starbucks. Before the pandemic, people used to go to Starbucks coffee shops for their coffee, but they were forced to close because of the health crisis. Starbucks nevertheless took advantage of the crisis to invest in sanitary and cleaning devices.
Starbucks also has a free hand in China. After a scandal that erupted within its Chinese competitor, Luckin ‘Coffee, Starbucks now has the option of expanding its network in China. Luckin ‘Coffee would indeed have recorded fake transactions for a colossal amount of $ 300 million. The future of Starbucks in China is therefore rather encouraging.
Last Word on Best Stocks to Buy Now:
From a technical analysis perspective, the weekly chart is clearly showing an uptrend. Both moving averages are ascending. And both highs and lows are higher than previous highs and lows. A bearish divergence between prices and the MACD recently caused the stock to fall. But prices have remained above their moving averages. Since then, the uptrend has manifested itself again, with an upward slope of the MACD histogram.
