SHOP - Your 2 Best Profit Opportunities in 2021
Trying to pick the stock that will win the year is a fun game to play. Not to mention, if you're smart in your selection, you can come away with massive returns. I came pretty close last year with my Novavax pick; the stock shot up 2,700% in 2020. Can I name the winner of 2021? It's unlikely, but I'll give it a shot -- Infinity Pharmaceuticals (NASDAQ: INFI) . It's just a tiny biotech right now, with a market cap of $244 million. I'm hopeful that Infinity will have amazing returns this year. My family's investment in Infinity is small, because the risk is very large.
Shopify (NYSE: SHOP) , on the other hand, is a major investment for us in 2021. That's because my conviction level is so high. Shopify gets my vote as the stock most likely to go up this year, next year, and over the next 10 years. If you're trying to get the highest possible returns in 2021, Infinity is my pick. But if you want to invest for the long term, Shopify is my favorite stock. Read more to find out why I like both of these names.
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Your 2 Best Profit Opportunities in 2021