His background includes serving in management and consulting for the healthcare technology, health insurance, medical device, and pharmacy benefits management industries. This digital spend is expected to grow by 16% annually through 2024, and is where EverQuote makes its home. Of the roughly $250 million in capital raised since inception, executives and insiders have contributed $45 million. Stock Advisor launched in February of 2002. 2020 was a wild ride in the stock market, with the S&P 500 dropping 35% early in the year and then rebounding by 60% to notch nearly an 18% total return (as of 12/28/20). Aside from improved financial flexibility, Schultz should also be responsible for navigating Teva out of its legal mess. SSR is also kicking off a dividend program in the first quarter. Theoretically, any stock could double in a given year. Though valuations are stretched, I believe the following combination of eight growth and comeback-story stocks have the tools to double your money in 2021. The climate is right for them to keep winning in 2021. Resilient stocks with strong business moats will, however, always have a place in an investor’s portfolio. This includes nine of the 20 stocks I predicted could double your money for 2020. Rather, multiple tailwinds work in their favor and grease the skids for massive gains. Why BCE (TSX:BCE) Is the Perfect Holiday Buy. ... best-performing stocks… Well, the shares jumped 80% to their peak in November. It's eco-conscious and puts the consumer in complete control of their living space. To keep things short and sweet, Teva's been clobbered in recent years by a bribery settlement, its association with the opioid crisis, and due to allegations of generic-drug price-fixing. It's a real estate investment trust (REIT) focused on the U.S. medical cannabis industry. But one pot stock just pulled it off in only two weeks. ... upgraded stocks to buy in January. First, the medical cannabis markets in the states where IIP operates continue to expand. None of them are focused on COVID-19, but a bonus ninth stock is. A whopping 318 of them have more than doubled. Stocks … My top stock for 2021 is Fairfax Financial (TSX:FFH). While these kinds of returns are unsustainable over the long term, some stocks may still have the potential to double up in 2021. [11/24/2020] Is it A Good Time To Double Down On Value Tech Stocks? Returns as of 01/24/2021. ET First Published: Dec. 30, 2020 at 10:12 a.m. Those in CNBC's survey expect an average 2021 year-end target 4,056, or about a 9.5% gain from current levels. ... 3 Stocks I will buy in 2021! There’s a feeling, after all we have been through over the past ten months, that things just can not get worse. Though the company has historically generated most of its revenue from auto insurance, it's been shifting into new verticals organically and through acquisitions (e.g., the purchase of health insurance agency Crosspointe in early September). It wouldn't surprise me if OrganiGram's cost-cutting, coupled with the maturation of the Canadian pot industry, allowed the company to eke out a profit in 2021. It's pretty incredible outcome considering we're navigating our way through a pandemic and the worst recession in decades. In these deals, medical cannabis operators sell their properties to IIP. ... Strong Buy Stocks for February, 2021. The post 2 Pot Stocks That Can Double in 2021 appeared first on The Motley Fool Canada. The ex-dividend date (the date the common stock trades without the dividend) is February 1, 2021. This report reveals the 7 stocks … But it's not just higher gold prices that'll help SSR Mining. With sales growth likely to exceed Wall Street's expectations in calendar year 2021, and the company valued at just over 4 times forward-year sales, Cloudera has plenty of reason to rocket higher this year. … This lets the company to place pot products into more than 575 dispensaries throughout the Golden State. 3 Stocks That Could Double in 2021 NIO – An effective coronavirus vaccine is looking like a real possibility next year. Success begets success in the company's business. Jushi also stands out for its management team have a healthy amount of skin in the game. It's not surprising that Fiverr's net promoter scores for buyers and sellers are 67 and 78, respectively. While it's rare to see a mining stock double in a single year, SSR has a confluence of factors that could allow a triple-digit gain to take place. That's not good news, but the company also has a secret weapon: CEO Kare Schultz. Current federal laws in the U.S. make it difficult for banks to work with companies in the cannabis industry. Here’s how I’d look to make a 1,000% return investing in shares. 3 Stocks That Could Double in 2021 NIO – An effective coronavirus vaccine is looking like a real possibility next year. It seems like there are multiple drivers for pot stocks to crush the broader market this year. Top British stocks for January 2021. There was … Innovative Industrial Properties (NYSE:IIPR) is another stock that more than doubled last year, with its shares vaulting 141% higher. With growth stocks fetching crazy valuations, a focus on value may be a smart strategy. The crazy thing is that Lovesac is still only valued at 1.6 times its forward-year sales. The Land of Lincoln began allowing recreational weed to be sold a year ago. What will 2021 have in store? Deep Dive These are the 20 worst-performing S&P 500 stocks of 2020 — analysts see double-digit rebounds for five of them in 2021 Published: Jan. 2, 2021 at 8:16 a.m. Why Hexo (TSX:HEXO) Stock Will Likely Double Again in 2021. Still, keep these 11 names on your watch list to buy on dips. A Fool since 2010, and a graduate from UC San Diego with a B.A. I think that the company just needs to keep doing what it's doing for the stock to double again in 2021. Opinions expressed by Forbes Contributors are their own. 7 Green Energy Stocks That Could Catch a 2021 Tailwind A friendlier political climate could do wonders for the market's best green energy stocks in 2021… SHARE. With that in mind, here are four growth stocks that could double in the next 12 months: Coty (NYSE: COTY) Here we discuss three stocks -- QLYS, FTNT, FEYE -- that have witnessed a remarkable run this year and are well poised to generate double-digit returns in 2021 as well. For context, that's nearly double its historic average annual return over the last 40 years. 1 COVID-19 Stock I'd Buy After Christmas. Inflation could be a real problem, as soon as 2021. Source: Fred. Finding a company involved in the cloud that's valued at less than 10 times sales is practically impossible. Since the start of this first trading week of 2021, all three are up double digits, an upward trend that began in November of 2020. 4 Red-Hot Growth Stocks That Should Double In 2021 These companies are likely to keep growing as we put the Covid-19 pandemic behind us By Joel Baglole Dec 23, 2020, 12:05 pm EST December 23, 2020 A limited license state caps the total number of dispensary licenses they issue, or assigns licenses based on a specific territory. At current levels, his target suggests a 44% upside for the stock in 2021. With showrooms closed in certain regions, the company has predominantly shifted its sales platform online. From a macro perspective, the outlook for physical gold has never been better. IIP could have another big growth opportunity if it decides to expand into the recreational side of the business. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. As we enter the new year, it’s safe to say that the stocks set for huge returns in 2021 will be largely dominated by the pandemic. The upcoming 12 months could turn volatile, and this stock is a great place to ride out the storm. A … With its shares so deeply depressed, it wouldn't take much for this stock to double. These newer verticals have been growing at a much faster pace than its traditional insurance segment, and they've been responsible for EverQuote regularly upping its full-year sales forecast. But whatever happens not all growth stocks are created equal heading into 2021. About … Though Canadian marijuana stocks have been an awful investment up this point, OrganiGram has a couple of unique advantages that could allow it to surprise Wall Street in a big way in 2021. ... growing again by double digits in 2021. Stocks have gone up so much this year that all of 2021's good news may be priced in and then some. Sentiment is on the rise as the annus horribilis 2020 winds to an end. Opinion: These unsung investing heroes say 10 overlooked stocks are poised to outperform in 2021 Last Updated: Jan. 2, 2021 at 8:25 a.m. The stock soared in 2020, but it could be poised for another banner year in 2021 if the vaccine helps to unlock the global economy. Let’s take a look at two such stocks that have the potential to double your wealth in 2021. The stock skyrocketed 730% and went even higher before a slight pullback in the last week of December. Over the last five trading days: … 5 of the best shares I’d buy now for the stock market rally in 2021. It then leases the properties back to the operators with long-term agreements. The company also eliminates the bidding and negotiation that freelancers don't like. So what has IIP been doing? Investing. Targeted at millennial investors, the yarn used in Lovesac's sactionals is made from 100% recycled plastic bottles. Estimates suggest that Illinois could top $1 billion in annual pot sales by 2024. Brand-name and generic-drug developer Teva Pharmaceutical Industries (NYSE:TEVA) is a logical choice to bounce back in a big way in 2021. Market data powered by FactSet and Web Financial Group. Fiverr (NYSE:FVRR) didn't just double in 2020. Keith began writing for the Fool in 2012 and focuses primarily on healthcare investing topics. Real Money contributor Alex Frew McMillan discusses five Asian stocks that should reward enterprising investors in 2021 who delve beyond Alibaba. The company ranks as one of the top platforms for connecting freelancers with businesses that need digital services. It could be harder for stocks to keep climbing. £1,000 to invest? Fiverr offers transparency to buyers of digital services who don't want uncertainty about the quality and price of the work they're paying for. Here are eight stocks that analysts believe could double this year. SHARE. While it's possible we see some modestly eased restrictions on marijuana from the federal government, Cresco simply needs state-level legalizations and organic growth to thrive. The stock skyrocketed 730% and went even higher before a slight pullback in the last week of December. S quare: This company can't be boxed in. Opinion: These unsung investing heroes say 10 overlooked stocks are poised to outperform in 2021 Last Updated: Jan. 2, 2021 at 8:25 a.m. In the financial space, online insurance marketplace EverQuote (NASDAQ:EVER) could give investors an encore performance after rocketing higher in 2019 and mostly going sideways in 2020. If fully completed, Cloudera could retire an eighth of its outstanding shares. Hopefully, the good news in 2021 will continue unlike the curveball thrown at us in 2020. More specific to OrganiGram, it has just one major cultivation site: Moncton in New Brunswick. Lovesac (NASDAQ:LOVE) is unique in a variety of ways -- and it begins with the company's modular furniture. Buyback programs tend to lift earnings per share and make a company appear more fundamentally attractive to investors. Theoretically, any stock could double … 2 Stocks That Could Easily Double in 2021 … When insiders and investors are on the same team, good things usually happen. The beauty of the EverQuote model is that it's built to take advantage of insurers switching their customer capture activity online. In the October-ended quarter, subscription revenue jumped 18% from the prior-year period. In case you haven't noticed, U.S.-based marijuana stocks are a big theme this year. (In other words, dividend stocks that’ll double while investors are fixated on deflation.) It's a simple platform for consumers to quickly price-shop for insurance without filling out a mountain of forms, and it's an efficient way for insurers to land motivated consumers. 2 Pot Stocks That Could Turn $200,000 Into $1 Million in 10 Years, The 3 Best Dividend Stocks to Buy for 2021, Meet the Marijuana Stock Rooting Against U.S. Your eyes are not deceiving you -- OrganiGram (NASDAQ:OGI) is a Canadian pot stock. So far, IIP has only concentrated on medical cannabis properties. In other words, the supply bottlenecks that've crushed margins and consumer demand should become a thing of the past this year. 3 Stocks That Can Double Again in 2021 There are 3,702 U.S. exchange-listed stocks with market caps above $300 million, according to the Finviz screener. I'd buy dirt-cheap shares now and hold them forever. I’d follow Warren Buffett's advice in 2021. Fiverr (NYSE:FVRR) didn't just double in 2020. Three factors should pave the way for the company to grow its number of properties significantly. Freshpet, Sea Limited, and Magnite are winning growth stocks. ET First Published: Dec. 30, 2020 at 10:12 a.m. Snowflake Stock Could Double in 2021 Here's our analysis and trading strategy on the newly minted analytic data warehouse. The opening of retail locations in Virginia, along with organic growth opportunities in Pennsylvania and Illinois, could see Jushi nearly triple its sales in 2021. If the company can resolve its outstanding opioid and price-fixing lawsuits without much in the way of cash penalties, that alone could more than double Teva's share price. 3 UK shares I’d buy now to double my money in 2021. This includes health, home, renters, and life insurance. In fact, companies in industries like tech and so-called “stay-at-home” stocks have seen shares double, triple, or even better. Value Tech Stocks such as Oracle and Intel have had a mixed year. Thanks to the COVID-19 pandemic, companies and individuals are embracing remote work more than ever before. Not only will most major sporting events resume as … Though it's still landing major showroom partners (e.g., Best Buy), the pandemic has shown that Lovesac can successfully operate with minimal overhead on a direct-to-consumer basis. Beyond a compelling and superior product, Lovesac has done a bang-up job of adjusting its game plan to operate during the pandemic. DBS Group Holdings Ltd (SGX: D05) DBS is Singapore’s largest bank and offers a comprehensive suite of services for individuals and corporations. I bet it will see $100 before summer. As this young bull market stretches its legs, look for Lovesac to become a favorite among growth-seeking investors in 2021. … These deals are attractive to medical cannabis companies because they don't have easy access to the financial services that most businesses do. Going back to the full list of 287 stocks held by the Vanguard Consumer Discretionary ETF, here are the 20 that analysts expect to increase revenue the most during 2021. PHILADELPHIA, Jan. 21, 2021 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE: CRS) announced that its Board of Directors has declared a quarterly cash dividend of $0.20 per share of common stock, payable March 4, 2021, to shareholders of record on February 2, 2021. Arguably the most important of these factors is the massive addressable market that Fiverr targets. Why the defunct South Vietnam flag was flown at the Capitol riot. Stocks are unlikely to repeat last year's record-shattering performance in 2021 as a V-shaped recovery is largely priced in, Morgan Stanley says Emily Graffeo Jan 14, 2021, 21:17 IST To build on this point, OrganiGram also employs three tiers in its cultivation rooms, which maximizes its licensed space and helps to improve overall yield. The more freelancers use Fiverr, the more businesses will be drawn to its platform. This ongoing transformation allows the company to generate cash flow from its legacy operations, while also transitioning these enterprise customers into higher-margin, cloud-native platforms. The first stock on the list is multistate operator Cresco Labs . 20 Dividend Stocks That Could Double In 2021. Cloudera is also looking out for its shareholders with a $500 million share repurchase program. 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