Beginer investors need to practie extreme caution and patience when to investing their stock. As beginers they still do not know the markets and would tend to feel frustrated when it does not go as they want it to be.
Long-term profits and gain usually come from investing in growth stocks that promise higher growth in the future. Beginners can invest in EVs, renewable energy, rare earth mining, biotechnology and gaming as these have a good future growth potential.
Here is a summary of Insider Monkey’s 10 Best Stocks to Invest in 2021 For Long-Term Profits.
Match Group, Inc. owns several dating apps like Tinder, Hinge, Plenty of Fish and OkCupid. The company saw a huge spike in usage as people used online these apps to chat and involve in virtual intimacy during lockdowns. Shopify Inc. allows millions of people worldwide to make online stores easily and start selling their products. It has been projected that purchases initiated through online channels, are expected to account for about 58% of total retail sales by 2022.
Canadian Solar Inc. makes solar PV modules, they have sold 1.4 GWp of projects globally in 2020. Their stock has been up 217% over the last 12 months. Sea Limited operates in growth domains like digital entertainment, ecommerce, digital payments and games. The company saw a 100% increase in its revenue, as digital entertainment sales soared by 72%.
Fastly, Inc. offers content delivery network (CDN) services that play a key role in delivering internet content include websites, videos and text from servers to end users. Bilibili Inc. offers a video sharing platform in which users can overlay their videos with animation, cartoons and music. It has over 54 million daily active users.
Emphase Energy, Inc. provides software and hardware solutions to monitor solar energy usage; microinverters to convert direct current power from solar panels into grid-compatible alternating current (AC). The Cannabis ETF gives exposure to some of the best and innovative marijuana companies. Marijuana stocks have grown because of the change in power to democrats who pose no real threat to the plant.
iShares Global Clean Energy ETF is a notable company as many beneficiaries and powerful entities start to shift to renewable energy. MP Materials Corp is a company that mines Neodymium-Praseodymium (NdPr), which is used in the production of motors and equipment installed in EVs, robotics, wind turbines and drones.
Read more of Insider Monkey’s 10 Best Stocks to Invest in 2021 For Long-Term Profits here.