Whether you are new to investing or just looking to diversify your portfolio in 2021, we provide you with fundamental analysis and some great possibilities. We have looked into your options from opening trades in solar energy to the big tech companies. Start your 2021 investments by reading this concise guide.
As Donald Trump leaves office, renewable energy companies may be in for a big boost. The current US president has not been kind to the green economy and even pulled out of The Paris Agreement during his term. But President-Elect, Joe Biden, has a different approach to the environment. There is no doubt that once he becomes the official president early in 2021, there will be infrastructure changes that help renewable companies. Is the coming year the best time to buy into renewable energy companies? We think so.
Online gaming has made massive strides over the last five years, especially through mobile gaming and eSports competitions. The industry is riding a huge wave right now, and it doesn’t look like breaking any time soon. In fact, if you download an app on your phone, there is around a 25% chance you will download a game. Some of the stocks to pay attention to are eSports companies, game developers, and even online casinos. For instance, GVC, buoyed this year by their main online casino, will be changing its’ name to Entain as it looks to consolidate existing brands and new US-partnerships under one global franchise.
The events of 2020 have caused a lot of headaches and process changes. But while many companies are playing damage limitation or just trying to stay afloat, the big tech companies have always been well-equipped for such events, planned or unplanned. By diversifying your portfolio with tech companies that are shielded from these problems, you could be a part of some significant growth. Just like the USA economy capitalized off the destruction of Europe after World War II, these companies could capitalize even further on other wounded industries.
Gold should be on your 2021 investment radar as long as you plan on investing over the long-term. Gold is known to be a volatile commodity and that isn’t going to change in 2021. However, if you are investing and don’t plan on exiting for many years, gold will always be a wise investment because gold has always increased in value through a macro lens.
At the time of writing, Bitcoin has hit highs that it hasn’t reached in over three years. These two cryptos particularly may be worth your investment because they appear in the mainstream more regularly. You can never be super confident with crypto, and it is certainly not as predictable as gold, but it may still be worth your attention in 2021.