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Category: Investing

  • Top 3 Work-From-Home Stocks in 2021

    Top 3 Work-From-Home Stocks in 2021

    A little over a year ago, people were not even familiar with the term ‘work from home’ and now, because of this worldwide pandemic, almost everyone has worked from home one way or the other. The COVID-19 pandemic proved to be catastrophic for many companies but it also opened up many opportunities for companies as well as investors. With the introduction of work from home, this pandemic has changed the business model of many companies. Many big corporations such as Google and Facebook have even adopted this work from home for long term. This shift towards working online has created demand for digital platforms that are designed to help meet the requirements of working from home. A survey conducted by research and advisory firm Gartner showed that almost 80% company leaders are planning on allowing employees to work from home part time and 47% are planning to allow their employees to work from home full time. In another survey conducted by PwC of 669 CEOs, almost 78% agreed that work from home will be implemented in the long run. Since office based work is substituted by work from home, we’ll be looking at some of the best work from home stocks in 2021. Here are top 3 work from home stocks for 2021:

    Zoom Video Communications, Inc. (ZM)

    Zoom has witnessed an immense increase in its demand amidst this global pandemic. Zoom’s model has helped businesses all over the world because of its remote working model. The company currently carries Zacks rank #3 (Hold). In February 2020, Zoom’s stock was valued at $87.66 and as of yesterday it closed at an astonishing $337.43. This accounts to an increment of almost 285% in little over a year. Every day, almost 200 million people login to Zoom, compared to 10 million users just before the pandemic. In the US, Zoom is the most used conferencing application and has 43% market share. The fundamentals of this company looks promising, and investors should surely keep their eyes on this stock’s movements.

    DocuSign Inc. (DOCU)

    DocuSign is an organization that provides e-signature solutions and allows companies to manage agreements online. DocuSign has benefited many organizations that transferred to work from home amidst the global pandemic. Since many companies have shifted their business model online, this e-signature solution is to benefit them in long term. Organizations such as Oracle and Microsoft have integrated themselves with DocuSign which will further help them grow their customer base. The company carries a Zacks Rank #3 (hold). To date, the company’s shares have soared up to 143% in a year. In March 2020 the stock price was $84.02 and it has increased to $204.31 as of 5th March 2021. According to Zacks Consensus Estimate for fiscal year 2022, the earnings has estimated to be moved up by 28.2% to $1.09 per share over the same time frame.

    Dropbox (DBX)

    Dropbox, a cloud service provider, has become a crucial part of many organizations in this digital age. Dropbox has an estimate of over 600 million users. During the coronavirus pandemic, cloud storage and other online service providers saw a dramatic increase in their usage and demand as consumers shifted towards these platforms. Dropbox witnessed a rise of nearly 25% in daily trials of its premium package. Dropbox has been consistently profitable and for 8 consecutive quarters their earnings per share have risen. Dropbox stock has risen up by 30% to date, as compared to the price before the coronavirus pandemic.

  • Best Cryptocurrencies to Watch in 2021

    Best Cryptocurrencies to Watch in 2021

    With the pandemic starting in 2020, cryptocurrency stocks have seen a new interest as the world has started to see a larger appeal in digital currency and Bitcoin has been at the forefront of everyone’s mind. With the start of the new year, cryptocurrency stocks have gained a lot more traction and reached past the $20,000 and $40,000 marks in a short amount of time. Earlier, an investment of $1.5 billion was made by Tesla into Bitcoin, which once again gave it the boost it needed with it breaking its $50,000 high mark. Some of the best cryptocurrency stocks expected to keep rising this year are:

    Bitcoin (BTC)

    It’s hard to talk about cryptocurrency without mentioning the cryptocurrency giant Bitcoin which has been dominating the market since the start of 2009. BTC suffered in 2018 but it proved itself strong to recover and surge higher than $40,000 in the start of this year with a market cap larger than $1 trillion. Bitcoin also has the edge with being the biggest known name in the world of cryptocurrency which makes it attractive to new buyers. Bitcoin has also been the inspiration for Bitcoin creators to introduce new features like Bitcoin Cash.

    Stellar Lumens (XLM)

    Like Bitcoin, Stellar (XLM) has also made a big comeback this year after its previous struggles and has come through with new and interesting projects such as its most recent $5 million investment in Wyre, a dominant blockchain payment provider which let Stellar access to new currency pairs. XLM has even been preferred as the blockchain for Ukraine’s central bank. With the way Stellar has been dealing with savings and compliance accounts such as Wyre, it has seen 260 per cent more growth of its users and this could lead to it becoming a new Pay Pal company.

    Chainlink (LINK)

    Chainlink is an Ethereum platform which works between two parties engaging in a blockchain network and records the transaction into data blacks. While a lot of other platforms working these transactions need to use real data to execute smart contracts, Chainlink has come up with the innovative solution of using oracles to revive the needed data for the network while ensuring that the data stays safe for the smart contracts. With the confidence the platform has been gaining, it is become a top choice for cryptocurrency and decentralized finance is also contributing to this.

  • Look Out for these Fintech Stocks in 2021

    Look Out for these Fintech Stocks in 2021

    Fintech stocks are a broad category of stocks consist of stocks which are part technology and part finance. Fintech stock companies are largely companies which are applying newer technology models to their financial business models and offer a large potential for investment. Some of the services offered by companies under the fintech model are services such as online banking or mobile banking, financial software and services, payment processing, and person to person payments. With the pandemic, the growth and use of fintech companies has increased with the use of e-commerce and digital payments with the fintech group rising to 98th place out of 197 industry groups, according to IBD.

    Square Inc (NYSE: SQ)

    Since the last few years, Square Inc (SQ)‎ has evolved itself into a large-scale small business and separate financial network which has been processing card payments at an annualized mark of more than $100 billion. Square has been gaining major traction with bigger trading companies along with keeping its initial smaller based business clients and has been blooming as a small commercial loaning platform.

    Square has also been expanding its services with its Cash App which allows its more than 300 million active users, which generate more than $2 billion in revenue, to enjoy features such free trading, depositing through mobile phones, and using services such as those integrated with Credit Karma. And it also presents as a better option than Paypal because it has proven itself more open to trying new options as it started on cryptocurrencies in 2018 and have been profiting largely from it. The fintech stock has also bought 4,709 bitcoins at the price of $50 million, proving that it sees crypto currency as the future investment and economy.

    Green Dot Corporation (NYSE: GDOT)

    One of the oldest fintech companies is Green Dot Corporation (GDOT) ‎which is largely known for being the first to bring the prepaid debit card more than twenty years ago. Even now Green Dot is the biggest pre-paid debit card company in the world by its market capitalization. Some of its clients include Walmart, Google, and Uber. Ever since Green Dot sold off in March, its stock has grown more than 220 per cent.

    Green Dot also launched a new mobile bank to deal with the problems of those Americans which are struggling to find proper employment. The company has also been invested in providing economic solutions for the struggling class by using the rich industry. The company’s banking-as-a-service platform is in its early days and has a lot of potential as it is used by companies such as Apple and Uber. Green Dot presents as an innovative solution for companies by letting them use its banking infrastructure to fund their own projects and products.

    Paypal Holdings Inc (NASDAQ: PYPL)

    Paypal Holdings Inc (PYPL)‎ is a fintech global giant which has more than 300 million customers in more than 200 markets which use its platform all over the world. The company’s stocks hit a high of $244.01 a share recently and its share prices have increased more than twice year to date. It also seems more attractive in the market currently because it has announced that those American which will receive their first stimulus check through PayPal or even Venmo will have the benefit of automatically receiving their payments through Direct Deposit the next time which will allow the customers to receive their checks remotely.

    This presents as a huge attraction to investors and PayPal has proven itself as a reliable company to be depended upon during the pandemic. PayPal has repeatedly proven its performance and has even ranked $5.4 billion in total revenue. PayPal has also been invested in the pandemic high and has also been invested in cryptocurrency through Bitcoin. Since March it has gained more than 230 per cent.

  • Apple (AAPL) or Alphabet (GOOGL): Which is the Better Stock Pick?

    Apple (AAPL) or Alphabet (GOOGL): Which is the Better Stock Pick?

    Apple (AAPL) and Alphabet (GOOGL) are two renowned names all over the world in the tech industry. There is a great rivalry between these trillion-dollar tech giants as both are giving their best shot to innovate as well as to expand their network in the globe through their products and services.No doubt both companies have brought massive returns to their long-term investors and will continue the trend in the future.

    Generally, it becomes difficult to decide the best stock between the two when both tend to keep winning but a deep understanding of the company’s infrastructure, strategies, and developments helps investors to determine which stock is better to add to their portfolio. Let’s look at both stocks to determine which will be the best bet for you in the future.

    Apple (AAPL):

    Apple (AAPL) Inc. is an American multinational technology company that works on products and services related to computer hardware, computer software, consumer electronics, cloud computing, fintech, and artificial intelligence. The stock price has surged about 460% with an increase in revenue from $215.6 billion to 274.5 billion over the past five years. The net income grew to $57.4 billion from $47.5 billion in the same tenure.

    Despite the Corona Virus pandemic, the company’s revenue growth and gross margin from its products remained stable mainly due to its multiple innovative electronic products including Macs, iPhones, iPads Apple watches, Apple TVs, etc. Besides its products, Apple is growing its ecosystem day by day as 20% of revenue was generated from its online services and now it has more than 600 million paid subscribers from all over the world.

    The iPhone 12 series which is the first iPhone series to support the 5G technology could add more hype in the future as rough estimates from its suppliers suggest that it could ship 230 million iPhones in 2021. Moreover, Apple will repeat its innovation strategy by launching new versions of its other hardware products. The company is also working on an augmented reality headset which is expected to launch in the next year followed by a pair of AR glasses in 2023.

    Apple’s not done yet as the tech giant has also been working on the development of electric vehicles.Analysts suggest that Apple will launch its car between 2024 to 2026 and if it happens,it will be a game-changer for the tech giant, but some analysts think that Apple will have to face great competition in the automobile industry.

    Alphabet(GOOGL):

    Google is an American multinationalconglomerate company that provides internet-related services and products which include search engine, cloud computing, artificial intelligence, online advertising computer software, and hardware, etc. The investors enjoyed the massive return in the past and hoping to get more profits from the company in the future.

    There is no doubt that Google is leading over the internet as its search engine has a 90% market share which is about 89% ahead of the secondly ranked Bing. The company has generated 80% of its total sales with $147 billion in revenue in the past year through online advertising services. The company’s leadership is making serious efforts to innovate its services and products and to evolve Google into digital. Google has launched many professional certificate training programs to diversify its ecosystem.

    Google Cloud Platform is the strong competitor of Amazon Web Services and Microsoft Azure now it is ranked third among public cloud service providers. With the evolution of Big Data, the demand for the cloud is increasing day by the day so we can expect that Google will likely generate handsome profit through its cloud services.

    Another important thing to notice about Alphabet as it never pays dividend rather it returns money to its shareholders via a share buyback. Management believes that share buyback is the tax-efficient process to return cash to the shareholders and it is more beneficial for the shareholder to retain and use the earnings for future business growth.

    Conclusion:

    Both tech giants are evolving rapidly and have enough cash in their balance sheets. It is for sure that investors of both companies would be happy in the decade from now, but Apple is the favorite between these two due to its launching iPhone 12 series, AR headsets with AR glasses, and EV car that would prove to be the gamechanger for the stock. On the other hand, Alphabet is facing great competition in online advertising from Facebook.It has shown much growth in cloud services last year but still, it’s a small segment in Alphabet and requires significant effort to compete with AWS and Azure.

  • 3 Top Telecommunications stocks adherent to continue their victory in stocks in 2021

    3 Top Telecommunications stocks adherent to continue their victory in stocks in 2021

    The telecom sector consists of companies helping people communicate better with each other. Especially in the present Coronavirus pandemic, these companies proved to be the best service providers and helpers as all the interactions between people were only through these communication facilities. These include internet services, broadband, wireless connections, and traditional landline services. Some of these companies, such as Facebook Inc. (FB), T-Mobile U.S. Inc. (TMUS), and many others, are also involved in making TV shows, movies, streaming services, and entertainment content.

    Corona Virus pandemic brought enormous losses for the financial markets, hospitality, and other sectors. Still, the telecom sector made large-scale profits as all the people depended on this sector’s facilities. Despite difficulties in business operations, the telecom sector provided high-speed, low-latency technological innovations, especially 5G. Virtual connections are the need of consumers as most of the official and non-official interactions depend on these, making huge profits and revenues for these telecom industries. 

    Consumer and business demands made them change their network infrastructures, provide video transcoding. They have improved wireless network systems and started providing remote facilities using advanced software models and compression technologies. 

    In short, telecom companies emerged as the most significant market players by changing their consumers’ entertainment experiences. Secondly, they introduced and commercialized new products and services. Thirdly, now they have enhanced customer engagement. 

    For a growing revenue in the telecom industry, investments are made in wireless network technologies. According to the expert’s analysis, 5G will generate approximately $700 billion in the year 2021 for telecom industries. 

    3 top telecom stocks for 2021:

    We have developed a thorough understanding of the 3 top telecom industries that will make massive profits in 2021. Let’s dig into the details of that.

    1: Ubiquiti Inc. (UI):

    UI is providing and working in the advanced networking technology sector. The services are being used by communication service providers, enterprises, and people from around the globe. UI’s web stores are serving to reduce operational costs with a quick product support model. Their working has increased direct interaction with customers, by launching products with uncontrollable prices made UI the boss of all telecom companies. 

    Their robust business model is the best of all. They are also making investments in inventory and operations management structures. According to an estimate, Ubiquiti is expected to grow abundantly shortly. In 2021 it will have an increase of about 18% in its stock price. According to the IBD Stock Checkup, UI had a 99 Composite Rating. It was on a scale of 1 to 99. Moreover, in January, its stock sales rose to 56%, which resulted in $480 million in revenue. 

    2: United States Cellular Corp. (USM):

    USM comes under the flag of ‘Best Value’ stocks in 2021. It’s working all over the United States, providing the best wireless communication, data usage, voice, and messaging services. Its products include tablets, smartphones, and other wireless devices. In February, there have been a 2.0% in the company’s revenue. According to USM CEO and President named Laurent Thrive, there was an increase in its profits in 2020. Total operating revenues also increased along with the maintenance and operational costs. Data usage was at the peak, but the company managed to make considerable gains rather than losses. 

    There are 6 Wall Street research analysts who have voted in favor of buying the USM stocks in 2021. They have a consensus that the United States Cellular Corporation stock will prove profitable in the future.

    3: Roku Inc. (ROKU):

    Roku is a streaming media service provider. It also produces electronic items for its consumers. People can stream audio and video content through the wireless-enabled devices made by Roku. Roku’s services and products are useable worldwide. Streaming can be done through the internet to all the entertainment systems in the home. 

    Roku’s gross profit in February reached up to 58%. Active accounts of Roku grew by 38.8%, revenue got increased, and the company gained profits. Even today, Roku’s stock is a good buy, according to analysts. 

    Wall Street analysts are in favor of buying Roku’s stocks. Its earning are improving and growing faster as the stocks are moving upwards. 

  • Three Best Epicenter Stocks to Watch for in the First Half of 2021

    Three Best Epicenter Stocks to Watch for in the First Half of 2021

    There are several companies that lie around the re-emergence point.

    The COVID-19 pandemic has been one of the hardest hits on the global economy. The epicenter stocks are the companies badly affected by the pandemic but are on the verge to bounce back following the economic stability.

    As we are heading forward, things seem to get going as the pandemic has become part of our lives. Moreover, with the vaccine deployment and gradual decline in cases, there are stocks that are expecting to end 2021 with profit following heavy losses in 2019.

    The current bull argument is that top epicenter stocks could be looking at the biggest recoveries once the pandemic comes to an end. So, let’s have a look at the potential investment options among the epicenter stocks.

    Royal Caribbean Group (RCL)

    Royal Caribbean Group (RCL) is being called one of the top epicenter stocks bucking the trend when the market goes south. The largest cruise line company world-wide and the second-largest by passengers, RCL gathers over 14% in revenue of the entire cruise line market and 19% by passengers. With the strong basis and good post-COVID-19 track, analysts believe that RCL has the big guns to pump one the pandemic ends.

    The shares of RCL stock have been on the bullish side during February. Of course, the rise in shares price wasn’t based on the quarterly results, which were on the negative side. The company reported a loss of $1.4 billion in the most recent quarter.

    The company is aiming for a comeback and the RCL is foreseeing good times ahead.

    Komos Energy (KOS)

    Another company that lies in the epicenter stocks is Komos Energy (KOS). Kosmos is a leading deepwater exploration and production company focused on meeting the world’s growing demand for energy. With the energy department getting more focus during the Biden reign is expected to help Komos have a bullish run post-pandemic.

    The company has been on the downward for a while now. The CEO of Komos in the Q4 report said that with the strategic actions they took in 2020, in 2021 they would have a lower cost base which will strengthen its balance sheet.

    Komos Energy (KOS) is trading just above $3 per share and there are chances that it would drop further before going for the extreme bullish run. So, investors must keep their eyes on the stock and buy at its lowest.

    Ring Energy (REI)

    Another energy firm, Ring Energy (REI) that focuses on oil and gas exploration. The company has been brutally impacted by the pandemic.

    The company recently updated its plan for this year and how operations unfolded during the last quarter. Ring produced 9,307 net barrels of oil equivalent per day last quarter. While the company expects to drill 6-8 wells and complete 8-10 wells in 2021.

    For this year, the company is working on a new strategy and has a disciplined capital program. Ring Energy’s new capital program would be funded by operational cash flow, which will help in maintaining production levels with the potential for some minimal growth. The bottom line is that REI is working to improve its balance sheet and get things right for the long-term.

  • The Three SPAC Stocks to Buy Anytime Soon

    The Three SPAC Stocks to Buy Anytime Soon

    The SPAC stocks have been in action and there are some potential investment opportunities to watch for.

    A special purpose acquisition company (SPAC) is a company that is created to acquire other existing firms and for that, the capital is raised through IPOs. SPAC firms do not have any motive to have commercial operations.

    CNBC’s Mad Money host, Jim Cramer bashed Wall Street said that when the SPAC stocks get hammered as a group, Wall Street tends to throw the baby out with the bathwater. He was referring to the events that unfolded earlier this week.

    Mad Money’s host added that the investors should watch the next time when well-positioned SPACs go bearish, that is the potential buying opportunity for investors. So, let’s look at the SPAC stocks that investors should keep under their radar.

    MP Materials Corp. (MP)

    MP Materials Corp. (MP) is an American rare earth materials company headquartered in Las Vegas. The company has had tough times during the pandemic but things are getting interesting. MP is possibly approaching a major achievement in its business.

    With the latest financial year loss of $6.8 million and a trailing 12-month loss of $45 million, the company is expected to get back on track by the end of this year. This is pushing the stock towards its breakeven target. For investors, the most concerning point is MP’s path to profitability – when will it breakeven?

    The two industry analysts covering MP Materials are expecting the stock to be near breakeven. They are anticipating the company to end the loss reign and finally post a profit worth $45 million in 2021. So, MP Materials Corp. (MP) is a stock to keep under insight.

    Social Capital Hedosophia (IPOEU)

    Social Capital Hedosophia (IPOEU) is moving forward with plans to merge with fintech up-and-comer SoFi. The following merger agreement values SoFi at $8.65 billion. SoFi provides various financial services on a smartphone app and is part of the wider growing fintech world.

    SoFi’s flagship app has seen membership growth for six sequential months, as the company has forecasted 75% growth for this year. The company expects the total members to jump over 3 million by the year-end. As of last year, the net revenue was around $620 million. While the company projects its revenue to sixfold to approximately $3.7 billion by 2025. With things shaping up at IPOEU, investors should keep their eyes on the stock, as the stock is under the buy zone.

    Porch Group (PRCH)

    Porch Group (PRCH) is a leading vertical software platform reinventing the home services industry. The company has been in action recently following several merger deals going around.

    Summarizing things down, the company has made a definitive agreement to acquire Homeowners of America. This acquisition will help Porch in better serving the customers as a managing general agent and carrier. Moreover, the acquisition of V12 will accelerate the mover marketing growth strategy. And, the Tuck-In acquisitions of PalmTech and iRoofing will expand the firm’s vertical software network. So, overall, the company is growing its portfolio and aiming for long-term success.

    In that premise, the company expects 2021 to end on a high with a revenue increase to $170 million, up by a whopping 134% year-over-year. Jim mentioning Porch Group (PRCH) said that investors can start buying Porch right here and maybe wait for a dip to buy some more.

  • What are the 3 Top Cosmetics Stocks that can freshen up your holdings?

    What are the 3 Top Cosmetics Stocks that can freshen up your holdings?

    Due to the Corona Virus Pandemic, consumers had limited the purchase of cosmetics. People bought only the basic necessity of items like food and hygiene products. Now the economies in the world are opening up, and life is coming to its track again. People are now going to include cosmetics in their shopping list, which will benefit the company’s stocks. It’s important to know that you should buy the reserves to keep safe from the dangers from which you should purchase the supplies. 

    Now the question arises, what constitutes the cosmetic industry? All companies making makeup, haircare, skincare, perfumes, toiletries, and various oral cosmetics come under the cosmetic industry’s flag. Almost 39% of the global market comprises it. It is assumed that in 2021 Luxury skincare is going to make huge profits. Furthermore, the gains are estimated to reach $429.8 billion in the year 2022. Many multinationals are dominating it. There is a lack of a single benchmark for this industry. 

    Top Three Cosmetic Stocks:

    Beauty is an integral part of our lives, and everybody likes to use beautiful products. Let’s talk about the three top cosmetic stocks that are the fastest-growing, having the best value in the coming months.

    1: L’Oreal SA (OTCMKTS: LRLCY)

    L’Oreal is manufacturing personal care products, and consumers love all its products, resulting in higher trade of its stocks. It is one of the most popular and largest cosmetic industries in the world.

    In the Covid-19 situation, there was a decline in cosmetic sales, but because of its health-related products and open pharmacy channel, we saw a moderation in its profits. In Apri 2020, L’Oreal experienced a decline and gained 7.22 billion euros in sales. While on the other hand, the sales in China and other countries had a positive impact on the share price of L’Oreal. 

    Having partnerships with other cosmetic companies and the fashion industry will make profits in the coming days. Its stock had been rising by 9% in the current year. Its future is even more promising as the Covid-19 is coming to its end, and the global leader of cosmetics LRLCY will go back to its track of making profits.

    2: Ultra Beauty Inc. (ULTA) 

    Ultra Beauty has been a well-known cosmetic company in the United States of America. It has got a chain of beauty stores selling cosmetics, skincare, and hair care products. Moreover, it is also known for the best fragrances and salon service products. During the Covid-19 issue, its net sales decreased by 7.8% YOY. It made the gross income fell to 42.3% consequently. But as the situation will be alright soon, we can see an upsurge in its gross profit and the trade of its shares. ULTA stock is currently considered to be the stock with the most momentum.

    3: Coty Inc. (COTY)

    Coty Inc. has made its name in the cosmetic industry for fragrances, skincare, and sun care protection products. Color cosmetics and beautiful fragrances are also part of its specialties. Mass-market retailers, specialty, departmental stores¸, and duty-free shops are the sources through which its products get access to the public. Coty Inc. is one of those companies that have the most profit growth this year and having an optimistic estimation of an increase in its stock price. 

  • Three Top Cannabis Stocks to Watch For in 2021

    Three Top Cannabis Stocks to Watch For in 2021

    The cannabis industry is growing more than ever before.

    The cannabis market picked hype back in the last year when the state legislation in the US was approved. Following that, the win of Joe Biden in the general elections played the role of catalyst in driving cannabis stocks. In the second half of 2020, cannabis stocks were one of the few to gain massively.

    The bottom-line is if as an investor you are willing to go big on cannabis stocks, choose the stocks of well-run companies with strong growth prospects. We will talk about the emerging marijuana and cannabis and the potential upside of stocks in the long run.

    So, let’s have a look at the three top cannabis stocks to watch for this year.

    Cresco Labs (CRLBF)

    Cresco Labs (CRLBF) has shown signs of being a well-positioned growth stock, as the current market for the company continues to grow. Keith Speights from The Motley Wool has been bullish on CRLBF. When he first predicted on the stock, CRLBF shares were up by 20% year-to-date. Now, the stock has soared over 60%, as of last week’s closing.

    Cresco Labs is one of the leading stakeholders of the cannabis wholesaler in California. While it is the top retailer in its home state of Illinois and is currently operating in eight other states. With a market cap of $3.35 billion, Cresco is there—at the top—to go big with the rising cannabis market.

    The company is working to expand its network into new markets. Recently, the company announced the closing of its acquisition of Verdant Creations dispensaries in Cincinnati, Chillicothe, Newark, and Marion, Ohio. These acquisitions would add four additional dispensaries to Cresco’s network. So, Cresco Labs (CRLBF) is one to watch this year.

    Innovative Industrial Properties (IIPR)

    Innovative Industrial Properties (IIPR) is the first and only real estate company listed on the NYSE that focuses on the cannabis market. The company has felt the need to be part of this new emerging market and pave way for the long-term growth.

    IIRP buys properties from U.S. medical cannabis operators and then leases the properties back to them. This helps the company with much-needed cash, which gives IIPR a steady revenue stream.

    Despite the unprecedented economic circumstances, the company was able to deliver phenomenal growth during the pandemic. Recently, the company released its full-year 2020 results which were quite promising. IIRP’s Acquisitions and Portfolio performance drive growth of 162% in aggregated revenues, 191% in net income, and 180% in adjusted funds from operations.

    The total revenues were reported around $116.9 million and the declared dividends to common stockholders totaling $4.47 per share, a 58% increase over 2019. IIPR as a whole looks solid, so it is definitely a cannabis stock to watch for.

    Canopy Growth (CGC)

    A prominent cannabis company that holds much potential in the long-term. Canopy Growth (CGC) has a great start to 2021 and the shares have skyrocketed. However, recently cannabis firm has been on the downward radar of analysts.

    Jefferies prognosticator Owen Bennett has downgraded his recommendation on CGC to underperform (sell) from the previous hold. The analyst has lowered the price target to $23.03 that shows a downside of 35% from the current price level.

    Canopy Growth (CGC) is a well-settled cannabis company and the investors need to follow the price of the firm’s share in the coming time. If CGC shares touch around $23 per share, that would be the best opportunity for the investors to buy the stock at a low price.

  • What are the TOP 3 Electrical Vehicle stocks for 2021?

    What are the TOP 3 Electrical Vehicle stocks for 2021?

    Do you think that 2020 was the best year for Electric Vehicles and their shares in the market? Think again. There is going to be a blast of profits in the year 2021. Let’s dig into the details.

    We all saw an incredible increase in the usage of electric vehicles in 2020. The electrical industry is based on those companies that are manufacturing electric cars, electrical and commercial automobiles, vans, and trucks. Tesla, Eorkhorse Group Inc, Arcimoto are developing, growing and getting profits by leaps and bounds. For instance, in the year 2020, Russell 1000’s gross total return had been 21.2%. Tesla Inc. had a 21.8% price-to-sales ratio. In 2021 they are growing higher and are estimated to gain more benefits from manufacturing electric vehicles.

    When the companies invest dollars into manufacturing, they must know what will be the outcome. To reach profitability, you have to be cautious about making the right investments. Elon Musk is the founder of Tesla. This company is making huge gains making Elon the richest man in the world. Let’s ponder over the 3 top Electrical Vehicles stocks for 2021:

    1: Tesla Inc. : (NASDAQ: TSLA)

    When Elon Musk added Tesla to the S&P 500 index, Musk’s net profits abruptly pushed to the sky. The recorded total net worth of Elon musk was $60 billion. It’s now the largest publicly traded company and comes at the sixth position in the US. It will not slow down in making profits. It’s worth $834 billion even now. Just think about where it is going. All the competitors, including Johnson & Johnson, Berkshire Hathaway, Walmart, are left far behind. Tesla is going to be more profitable this year. Today Elon Musk’s net worth is 190 billion dollars approximately, $22 billion in 2019.

    2: Nio Inc : (NYSE: NIO)

    Nio knows how to grab the best opportunities in the stock market by making the right moves. It’s fast and furiously speedy EP9 supercar has blown the shadows of bankruptcy with a BOOM. Nio Inc. manufactures family-friendly high-performance electrical vehicles such as Sedans. It was facing difficulties at the start of 2020 when it’s share price was just $3.24. Due to making swift strategy moves, it’s going to become an electrical superstar manufacturer pretty soon.

    When it launched the “Battery-as-a-service” platform and the Chinese invested in multi-billion-dollars, its stock started trading higher at the stock market, having a massive increase of 160.4%. Currently, Nio’s share price is $7.00 and has a market cap of $813 billion. IN short, Nio Inc. is an innovative electric vehicle manufacturer, growing higher, showing large-scale future growth potential.

    3: Facedrive: (FDVRF)

    Facedrive is delivering its services to provide the customers with a virtual gallery of electric vehicles. It has established an electric vehicle subscription service in the United States of America. Moreover, The “EV on-demand” subscription allows the customers to ride in Audis, Teslas, Porsches, and many other vehicles daily. They can ride in a new car every day. Just order with a click, and the car will be delivered at your doorsteps; open the door and dive into your new car. Don’t worry about maintenance and insurance. It’s Eco-friendliness, easy usage, and convenience makes it the best choice for consumers. Ultimately increasing its share price in the US share market.