2020 went down as a BIG year for young up-and-coming companies that are disrupting the world. But by the end of the year, these speculative stocks were very high both technically (the chart) and fundamentally (many have little or no profits).
Going into 2021, I have great confidence in more conservative stocks.
I think there is growth opportunity in more established tech stocks, as well as retailers who became stronger during the COVID-19 shutdowns.
In this newsletter, I have included the 2020 year-end prices for each stock with 2020 profit estimates (note the year-end profits probably haven’t been reported), my Fair Value prices for 2021 & 2022, and our proprietary ten-year charts.
