As 2021 is proceeding to an end, we checked the stock market to assess where opportunities lie. Ultimately, 7 companies struck our attention for their potential growth in the foreseeable future.
Here is a brief overview of 7 stocks that at LonghornFX we are watching closely.
During the last year, Alibaba’s stock tanked. The company founded by Jack Ma more than 20 years ago is having one of the worst periods of its history. However, Alibaba is still the Amazon of China.
Despite the worrisome performance in the stock market, Alibaba's business grew notably in the last 4 years. Should you buy BABA now? Surely the price can still drop but BABA's shares at this level seem a bargain.
Visa is holding its ground against the challenges posed by cryptocurrencies. Compared to the defensive attitude of its competitors, Visa is proactively looking to exploit the opportunities offered by cryptocurrencies.
If the payment giant preserves this attitude, we can expect V stock to shine from this point on.
2021 has been already a memorable year for Amazon. Its founder, Jeff Bezos, resigned from his position as CEO, passing the torch to Andy Jassy. The appointed CEO announced his ambitious plans for Amazon and has already started restructuring the company at his foundations.
While Amazon’s stock 2021 performance wasn't exciting, the company's future seems bright. An entry at this level might be highly rewarded.
Johnson & Johnson – Pfizer (J&J – PFE)
The rise of Covid-19 placed pharmaceutical companies in a position of advantage for growing their business. In fact, most of them have seen their stocks skyrocketing during the last 12 months.
Despite lockdowns and vaccination campaigns, Covid’s disappearance seems far away and it is why
companies such as J&J or Pfizer might score new highs.
Tesla is at the forefront of the electric revolution in the automotive industry. The massive innovation effort put in place by Elon Musk's company match perfectly the upcoming governmental policies toward sustainability. In this context, TSLA seems a stock that can hardly disappoint in the coming years.
Since Covid-19 appeared, Netflix stocks grew consistently hitting unprecedented records. However, Netflix’s success is everything but a coincidence. The company built an amazing entertainment platform and is exploring further industries to pioneer. It is well-known Netflix’s interest in the videogame industry; a $180 billion market that Netflix wants to dominate.
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