{"id":463720,"date":"2021-02-07T15:00:36","date_gmt":"2021-02-07T13:00:36","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=463720"},"modified":"2021-02-05T16:15:38","modified_gmt":"2021-02-05T14:15:38","slug":"5-stocks-to-watch-this-year","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/wealth\/463720\/5-stocks-to-watch-this-year\/","title":{"rendered":"5 stocks to watch this year"},"content":{"rendered":"

Daniel Kibel, co-founder of CM Trading<\/a>, discusses five industries that may perform in the year ahead.<\/p>\n

\u201cDuring the Covid crisis, we\u2019ve seen a major increase in online trading. And while 2021 is well underway, it\u2019s likely we\u2019ll still see a few lingering effects of 2020 in the markets.<\/p>\n

“One of the main take-outs from 2020 was major volatility on oil. That was a huge trading opportunity in terms of \u2018going long\u2019, selling and buying,” he said.<\/p>\n

Gold performed well in 2020 and has historically been a safe place for traders.<\/p>\n

“It\u2019s where they go when they\u2019re concerned about what\u2019s going on in the world. That said, there is a rising trend of traders moving to Bitcoin instead of gold.<\/p>\n

“For the most part, though, the whole stock market was dragged up by just a few stocks last year. And some of them may still be worth watching in 2021.” Kibel said.<\/p>\n

Kibel outlines 5 stocks on his watch-list for the year:<\/p>\n

\n

Amazon
\n<\/strong><\/p>\n

Lockdown has been an obvious winner for Amazon. With people all over the world forced to stay at home and unable to shop in person, a boom in online shopping was a natural conclusion.<\/p>\n

And Amazon performs in terms of service, price and quality delivery, which really helped their case. Shopping has changed forever due to Covid -19.<\/p>\n

And because of the convenience factor, online shopping is probably going to continue to do exceptionally well, even beyond the pandemic. Plus, we aren\u2019t quite out of the woods yet, as vaccines roll out in phases globally. So, it still makes absolute sense to shop from home.<\/p>\n

\"\"<\/a><\/p>\n

\n

Tesla
\n<\/strong><\/p>\n

\u201cTesla stocks absolutely flew through the roof by around 400% in 2020. With several countries set to phase out fossil fuels, Elon Musk\u2019s vision of having electric cars take over the roads is set to become a reality.<\/p>\n

And January saw a further surge in value. In 2020, Tesla achieved its target of producing 500,000 vehicles. And production shows no signs of slowing down, with worldwide expansion in the works.<\/p>\n

Electric vehicles will soon be the way of the future \u2013 by law. That bodes very well for the world\u2019s top electric vehicle manufacturer.<\/p>\n

\"\"<\/a><\/p>\n

\n

Google
\n<\/strong><\/p>\n

\u201cAs online activity increased, so did the value of Google Stock. More people online meant more advertising activity. So, Google\u2019s ad revenue surged. And as Google\u2019s main source of income, this had a very positive effect on their shares.<\/p>\n

Google hasn\u2019t only performed well during lockdown, it is one of the most successful stocks of the 21st<\/sup> century. The company is also constantly investing in value-added apps and systems, like cloud storage and mobile technology.<\/p>\n

For now, Google still looks to be a stock that\u2019s on the move.<\/p>\n

\"\"<\/a><\/p>\n

\n

Apple<\/strong><\/p>\n

\u201cThe iPhone remains the biggest money-spinner for the tech giant. And stocks flew due to the launch of the new 5G iPhones late last year. The associated services business provided by Apple to a billion iPhone users is also attracting major investment.<\/p>\n

And while their streaming service may have been met with a lukewarm reception by viewers, Apple\u2019s mobile division still accounts for around 44% of their total revenue. And much like Google, the company remains ahead of the pack when it comes to investing in new technology.<\/p>\n

\"\"<\/a><\/p>\n

\n

Oil
\n<\/strong><\/p>\n

\u201cEvery trader needs a wild card. And this is it. As vaccines roll out globally and a semblance of \u2018normal\u2019 begins to return, we may well see oil prices rise. With air travel and business beginning to revert to what it was before, oil will be back in demand.<\/p>\n

It is all very tied to the dollar\u2019s performance, though \u2013 as are most major commodities.<\/p>\n

Nonetheless, if I was a gambling man (which I am not), I would say that oil is one to look out for in 2021. By the same token, as things do normalise, we may see the gold price falling.<\/p>\n

\n

Read: How South Africa\u2019s \u2018game changing\u2019 transformation law will work<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Daniel Kibel, co-founder of CM Trading, discusses five industries that may perform in the year ahead.\u00a0<\/p>\n","protected":false},"author":10,"featured_media":451446,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9880],"tags":[657,51,53,26,6118],"class_list":["post-463720","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-wealth","tag-amazon","tag-apple","tag-google","tag-headline","tag-tesla"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/463720","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=463720"}],"version-history":[{"count":5,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/463720\/revisions"}],"predecessor-version":[{"id":466014,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/463720\/revisions\/466014"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/451446"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=463720"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=463720"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=463720"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}