According to financial expert Arin Ray, investors in the United States have been continuously pouring money into overseas equities since the creation of the American Depositary Receipt (ADR) in the early twentieth century. By the end of 2010, the figure had surpassed $4 trillion. Chinese corporations such as Alibaba Group Holding Limited and Baidu are now accounting for a growing share of overall ADR-related expenditures in the United States, displacing British enterprises in recent years. The most popular ADR on the market is NIO, an electric vehicle manufacturer. This year, Baidu, Inc. has been one of the most active and volatile stocks in the US market. The Chinese internet search engine is run by an internet services firm.
Here is Insider Monkey’s list of the 10 best ADR stocks to buy in 2021. On the list of the top ten ADR stocks to purchase in 2021, BioNTech SE is ranked tenth. Over the last few months, the company’s stock has returned more than 402 percent to investors. It has a market capitalization of more than $57 billion. Gold Fields Limited is the ninth best ADR stock to purchase in 2021, according to our ranking. With mining holdings in Chile, South Africa, Ghana, Australia, and Peru, the company has returned more than 36% to investors in the last year. On the list of the 10 best ADR stocks to purchase in 2021, AstraZeneca PLC is ranked eighth. Over the last three months, the company’s stock has provided investors with returns of more than 15%. It was one of the first companies to create a coronavirus vaccine. Vale S.A. is the seventh best ADR stock to purchase in 2021, according to the ranking. The stock has recovered over 100% in the last year, and its market capitalization is over $113 billion. Pinduoduo Inc. is a Chinese technology company that operates an agriculture-focused e-commerce platform. Over the last few months, the company’s stock has returned more than 72 percent to investors. It is ranked sixth on the list of the best ADR stocks to buy in 2021. For more details, click 10 Best ADR Stocks to Buy in 2021.
