There’s been a lot of hype in the stock market. We had the giant drop before the election and the incredible bull run election week and beyond. Now add a potential Moderna vaccine to the mix? Man, it’s an interesting time to be an investor!
Let’s make some money with these top 5 stock picks so we can give our loved ones the gifts they want this holiday season!
My Top 5 Picks from November
- Ark Innovation ETF — $99 to $112
- Apple — $115 to $120
- Snapchat — $43 to $44
- FedEx — $283 to $284
- Zoom — $511 to $476
Almost all of my stock picks from November gained value. Let’s hope it's the same for December!
1. Palantir Technologies Inc. (PLTR)
We all know about the hype of Palantir by now. They were valued at just $10 nearly a month ago and have blown up tremendously!
Palantir has been growing by continuing to get big government deals while also building up its roster of private sector clients. Cash said the company has a “nice pipeline of contracts,” including business with customers using its data tools for Covid 19 response, whether in public health or to route medical supplies according to CNBC.
I like the bull run on Palantir and believe it has plenty of growth potential in the future, especially because they’re continuing to get big government deals, which is where a lot of the money sits!
2. Tesla, Inc. (TSLA)
Tesla is going to be added to the S&P 500 on December 21st of 2020! This is excellent news for any Tesla shareholders. I always know that Tesla has the ability to pop like no other.
The S&P 500 has announced that Tesla will be joining the index. Tesla has had a strong 2020, posting five profitable quarters in a row and maintaining a pace to sell 500,000 vehicles this year. However, the company’s valuation has gone beyond rich into an area rarely touched by tech stocks, let alone automakers according to Investopedia.
If you’re a fan of this company, plan on loading up at any time because they’re not going anywhere, nor are they slowing down their growth. Load up and watch this stock skyrocket.
3. Riot Blockchain, Inc. (RIOT)
We all heard the news about Bitcoin reaching all-time highs. It just hit $19,000. XRP, Doge, and so many other cryptocurrencies are beginning a bull run. This could be the best time to hop in on the crypto train before it's too late.
Riot Blockchain Inc. focuses on bitcoin mining, supporting the bitcoin blockchain by participating in Bitcoin’s consensus system through proof-of-work mining, racing to find the next block and building upon the chain. We aim to be one of the largest and lowest-cost producers of bitcoin in North America.
Crypto seems to be a train that doesn’t plan on derailing. If you know the value or believe in Bitcoin's value and crypto-like that, then RIOT is a perfect stock for you to pick up and watch gradually grow over time.
4. Moderna, Inc. (MRNA)
Moderna is so close to being able to vaccinate people and stop the spread of COVID. Keep an eye on them to really make a killing like they have the past two weeks.
Moderna’s coronavirus vaccine is 94.1% effective in preventing COVID-19 and 100% effective in preventing severe illness, according to final results announced by the company on Monday (Nov. 30).
Moderna is also planning to file for an emergency use authorization (EUA) from the Food and Drug Administration (FDA) on Monday According to LifeScience.
If you’re a firm believer that we’re near having a quality vaccine to defeat the virus, this is a perfect company to buy some calls or stock to make some profits.
Keep an eye out on the news of them actually putting the vaccine out, and this thing is ready to skyrocket even more.
5. NIO Limited (NIO)
I wasn’t initially going to add NIO to my portfolio, but then I remembered that I don’t want to miss out on the potential of an EV stock-taking off to the moon. It’s a great time for EV stocks because that’s what people are excited about.
Overall, while Nio’s faster recent growth and unique innovations such as Battery as a Service (BaaS) — which allows customers to subscribe for car batteries, rather than paying for them upfront — are no doubt interesting, we think it remains a riskier investment compared to Tesla according to Forbes
Their financials are strong, and it seems like they’re headed somewhere in the next few months and especially years.
Keep an eye out for this EV stock. They were a sleeper, and they have great potential if they pull it together!
If everything goes to plan with the vaccine, all of these stocks are guaranteed to jump up! If you’ve been following my stock picks, I hope I’ve helped you make some money!
Long-term, short-term, doesn’t matter. I am confident all these stocks will go up.
Take care, be safe, and good luck in the stock markets!