New Year brings new opportunities for the investment community. After the most volatile years in the history of the stock market, investors are looking forward to the young bull market in 2021.
Although a crash or correction in the stock market is always possible, there are enough tailwinds to indicate that equities may continue to march higher. Borrowing rates should remain at historic historic lows or near the near future, which will encourage growth stocks to borrow. This extra cash can be used to rent, innovate and acquire other businesses.
As we prepare to say goodbye to 2020, there are four high growth trends for 2021.
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Precision medicine
We have learned a lot in 2020 about where the future of healthcare lies. There is little question as to whether you want to invest in precision medicine. By precision medicine, I am talking about drugs, devices and services that are designed to personalize the previous one-size-fits-all treatment process.
A good example is the telemedicine giant Teladok Health (NYSE: TDOC), Which saw three times more virtual visits in the previous two quarters than in the same period of the previous year. Teledock fully understands that virtual visits are more convenient for patients and physicians. They are usually cheaper than visits fee visits for health insurance companies. With the addition of the rapidly evolving application health signals company Livongo Health, Teladoc is on the leading edge of personalization of treatment.
Investors will also consider the leader of medical devices such as Dexcom (Nasdaq: DXCM). Dexcom manufactures and sells continuous glucose monitoring (CGM) systems that help diabetic patients monitor their blood sugar levels. Dexcom’s CGM can also be used to provide immediate data to physicians. U.S. Given that there are 2.2 million people with diabetes and 88 million other abetes with prediabetes, Dexcom should be busy.
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Cloud Infrastructure
Prior to the Coronavirus Disease 2019 (COVID-19) epidemic, large and small businesses were constantly creating pre-online presence and increasingly sharing data through the cloud. Epidemics have easily fueled this trend and highlighted the importance of cloud building-block infrastructure.
One of the more obvious key players in the cloud infrastructure is the e-commerce giant Amazon (Nasdaq: AMZN). Retail accounts for most of Amazon’s total sales, but most of its revenue-earning revenue comes from the cloud infrastructure platform Amazon Web Services (AWS). AWS currently has an annual sales rate of $ 46 billion. It should be responsible for tripling Amazon’s operating cash flow over the next four years.
Don’t ignore Alphabet (Nasdaq: Google)(Nasdaq: Google)Either way. Its ad placement on Google, its internet search platform, is the key growth driver of Alphabet. Still, the company’s fastest growing segment is Google Cloud, with 45% sales growth in Q32020. Cloud’s annual sales run rate is 14 billion. Alphabet’s deep pockets and Google brand name should be more than enough to give Amazon a run for its money.
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U.S. Marijuana
In 2021, U.S. Growth seekers would also be wise to consider putting their money to work in marijuana stocks. U.S. The world’s largest cannabis market. 2021 looks like it will push the recurring profitability of integrated multistate operators (MSOs) anyway. Additional state-level legislation could boost industry sentiment.
Green Thumb Industries (OTC: GTBIF) There is an MSO to go green for good. The company derives about two-thirds of its revenue from income derivatives (i.e., foodstuffs, infused beverages, VPs, topicals and concentrates). These derivatives boast a significantly higher margin than the dried cannabis flower, which will help the green thumb to beat some of its peers in the profit column. Green Thumb currently has 0 operational dispensaries, but a dozen states have enough licenses to open total stores.
Cresco Labs (OTC: CRLBF) The banner should also be on track for years. The company has about 19 open hospitals in the limited licensed state of Illinois. The land of Lincoln opened its doors to recreational pot sales on January 1, 2020, and it looks good to move north to વેચા 1 billion in annual sales by 2024.
Next, Cresco has a large wholesale presence in California which gives it access to more than 575 dispensaries. California is the world’s largest cannabis market by annual sales.
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Companion animals
The fourth and final high growth trend that investors should have is pet ownership. According to the American Pet Products Association, today there are approximately 85 million households with pets, of which ર 2 billion is expected to be spent on companion animals. The cost of American pets has not decreased year by year in 2020.
Pets Health Insurance Trupanian (Nasdaq: Troop) Is one of the biggest opportunities in its industry. Trupanian has been collaborating with veterinarians at the clinic level for two decades, giving it invaluable benefits to other competitors entering the pet insurance space. At the moment, only 1% of U.S. pet owners have health insurance on their furry family member. The education of pet owners at the clinic level will help significantly increase this penetration rate in the current years.
Freshpet (Nasdaq: FRPT) Fellow Pets is yet another growing company in the space. Like Grocery, which entered the developmental phase of organic and natural food in the 2000s, Freshpet understands that pet owners will pay to eat high quality pet food and items. Freshpet is still in its marketing infancy, it has still entered 22,000 retail doors. The opportunity for sustainable double-digit growth lies ahead.
