Investing.com investing.com 30 Dec, 2020 14:30 am

3 Blockbuster Stocks To Bet On As 2021 Kicks Off

3 Blockbuster Stocks To Bet On As 2021 Kicks Off
Stocks Analysis by Investing.com (Jesse Cohen/Investing.com) covering: S&P 500, Dow Jones Industrial Average, Apple Inc, NASDAQ Composite. Read Investing.com (Jesse Cohen/Investing.com)'s latest article on Investing.com

stocks across the board, with Wall Street’s major indexes all ending the year with surprisingly robust gains as the potent combination of fiscal stimulus, easy monetary policy, and vaccine rollouts helped alleviate concerns over the ongoing coronavirus health crisis.Additionally, Wall Street was encouraged by expansion in its wearables segment, which include AirPods and the Apple Watch, as well as in its subscription services business, such as iTunes Music, Apple TV+ and Apple Arcade.p The high-flying Canadian-based company, which helps merchants set up online retail venues and manage their brands, reported positive earnings surprises for all four quarters of the year, easily surpassing Wall Street’s expectations for profit and sales.Cloudflare (NYSE: NET ) set the market on fire this year, with shares of the content delivery network and web security firm rocketing an astonishing 347% in 2020.

p Cloudflare reported earnings and revenue which easily topped views in each quarter this year, reflecting the growing demand for its web security, content delivery, and enterprise networking services and solutions.Taking all this into consideration, we expect Apple’s stock to continue its strong uptrend over the next 12 months.

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