After a tumultuous 2020, you will no doubt be feeling somewhat nervous about re-entering the stock market in 2021. This might be an incredibly precarious and uncertain time for the investment sector, but this doesn’t necessarily mean that all hope is yet lost. So long as you remain focused, diligent, and disciplined, there’s no reason why you can’t succeed at stock trading throughout the next 8-12 month period.
Should you decide to take the bull (market) by the horns when it comes to 2021 trading, be sure to heed the following advice. Here are four promising stocks that you should currently consider investing in:
Cryptocurrencies are currently taking the investment sector by storm. Don’t worry, there is still time to invest in this burgeoning form of digital currency… you just have to find yourself a profitable currency to invest in. Bitcoin is now far too popular to provide a lucrative trading price, which is why you should consider some of its lesser-known alternatives. Here are five cryptocurrencies that are currently enjoying a sustainable growth period:
- Ethereum (ETH)
- Litecoin (LTC)
- Cardano (ADA)
- Polkadot (DOT)
- Tether (USDT)
If you want to keep up with the latest news, triggers, and alerts when it comes to crypto trading, be sure to follow AI-powered signals at best-trading-signals.com. This will help you to remain on top of your cryptocurrency portfolio, which in turn will increase your chances of making a profit from this trading venture.
If you’re looking for a promising yet stable stock, Adobe is the perfect investment for you. Having beaten its fiscal earning expectations in the quarter that ended on March 5, this software giant is on course to enjoy its most fruitful year on record in 2021. Adobe’s upturn in revenue and surge in share prices can be attested to a whole host of differing factors, the most obvious one being that more people than ever before are now making use of home-based tech solutions. Having had nowhere to go for the past year as a result of the global lockdown, consumers have been purchasing Adobe Creative Cloud, Document Cloud and Experience Cloud in their droves.
Another business that has seemingly benefited from lockdown is Spotify. In the past 12 months, this audio streaming and media services provider has enjoyed a 27% rise in active users, taking its grand total of users to a whopping 345 million. This is no doubt a knock-on effect of music venues, bars, and nightclubs being shut down. People haven’t been able to attend concerts, so they’ve gone ahead and started listening to their favorite tunes at home. Spotify (and the thousands of traders that have already been wise enough to invest in them) certainly aren’t complaining!
After the COVID-19 pandemic brought the global economy crashing down to its knees, people needed to start saving money. This resulted in consumers seeking out cheaper alternatives to costlier retail enterprises, and that’s when Lowe’s began to flourish. The overall affordability of this home improvement company attracted customers in their droves, and this upturn in revenue saw its stock price skyrocket. Trading experts expect Lowe’s to enjoy a 14% EPS growth over the next five year period, which is why you should seriously consider investing in it — pronto!