Investors always keep looking for the best shares to buy now. At the same time, the stock market always has plenty of surprises to deliver out of the box. The year 2020 was influenced by COVID-related factors and other issues that eventually defined recommended shares to purchase. How is it going to be in 2021?
In the previous year, top shares were generally associated with companies that came up with the emerging trend in the face of accelerating pandemic and lockdowns. Some experts say that the situation in 2021 will hardly change with the same dominating aspects when choosing the right stocks to buy. Meanwhile, they also expect some of the shares to get back to normal positions in the face of recovering economics.
We have sorted out 5 top shares to buy now and follow in 2021.
Software behemoth Adobe is certainly in the lift of one of the most promising businesses with huge potential benefits for investors. Despite stock prices falling down by 4.9% during the first quarter, the positive outcome offers the following:
The revenue keeps growing with new updates and improvements rolled out for Adobe Creative Cloud, Experience Cloud, and some other products.
The company offers one of the best opportunities for investors who follow a so-called buy and gold stock trading strategy. Even after the rebranding, the company managed to perform rapid growth with the introduction of its Disney+ content platform. As the result:
Disney’s cruise business may appear to be another way of generating higher revenues for the company in the nearest future.
Despite the initial gap between BJ’s and its large rival Costco, the company managed to overcome the crisis highlighting sales up by 168% in the third quarter thanks to digitally-enabled performance. The rapid growth continued in the fourth quarter making it obvious that these are definitely good shares to buy now. Besides, the gap between Costco and BJ’s keeps narrowing down, declining from 20% in the 1st quarter to 6.3%.
While the world keeps going online not only because of the pandemic, online marketplaces like Alibaba will always stay in trend keeping the revenues grow rapidly. What’s more, the Chinese eCommerce giant appeared to be one of the safest ways for investors, as it never stopped gaining exposure even despite growing risks during the first quarter mainly resulting in overblown fears of sticks being delisted. However, the situation has currently improved showing:
In other words, we can say that the company managed to price in the risks.
This time we have something special to offer in terms of good stocks to buy now. The sleek speaker manufacturer used to be pretty far from the best stock offers in the market. However, some of its home improvement and personal entertainment projects made it hit the list of the best performing shares with soaring 60.2% during the first quarter along with the net income rising by 87% in 2021.
This material does not contain and should not be construed as containing investment advice, investment recommendations, an offer of or solicitation for any transactions in financial instruments. Before making any investment decisions, you should seek advice from independent financial advisors to ensure you understand the risks.