November 30, 2020 - The stock market has been under some selling pressure lately. Below are some amazing stocks to buy if you are looking to put money to work or looking to switch into high-quality growth stocks.
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Grayscale Bitcoin Trust (GBTC) - Bitcoin surged up near 19,500 and almost hit my 2020 price target of 20K. GBTC rallied into the $24's but then pulled back to the $17's after an overdue correction. Bitcoin might trade sideways for a few months but I'm super bullish into 2021. I could see the Cryptocurrency hitting 40-50K by December 2021.
Tesla (TSLA) - Tesla (TSLA) continues to soar and hit a record high on Friday. Tesla remains my top long term pick and the company is just scratching the surface of what is possible. I currently hold TSLA at $124 and I will not be selling for at least 5-10 years.
Virgin Galactic (SPCE) - Virgin Galactic (SPCE) rallied from $17-$27 in the past month and is getting close to flying real passengers. I love this stock long term and I'm expecting more big news in Q1 2021. SPCE is a strong buy below $20 for the long term.
Beyond Meat (BYND) - Beyond Meat (BYND) has been dropping lately as traders move to other stocks and analysts doubt this company again. BYND will be a huge comeback story in 2021 and should resume the rise to $200-$250.
Vroom (VRM) - My highest potential stock pick right now is Vroom (VRM). The trend shift to purchasing a car online and having it delivered to your door is very real. Vroom should be trading at $60 right now but instead, it trades at $37. 2021 will be huge for this company and I could see the stock increasing by 50-100%.
Other stocks to buy and hold for the long term - BigCommerce (BIGC), Amazon (AMZN), Chipotle (CMG), Starbucks (SBUX), Apple (AAPL), Square (SQ), Netflix (NFLX).
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Top Stocks 2021
