2020 is really great! Unprecedented events have occurred on Wall Street, including the fastest and steepest bear market on record and the fastest recovery from a bear market to a new high. Talk about roller coasters!
2020 is coming to an end, and now we can take the time to discuss which industries (and stocks) have outperformed the market so far and which industries have underperformed the market.
Worst area: energy
of Energy Select Industry SPDR ETF (NYSEARCA:Lele) This year has fallen more than 51%, making it the worst performing industry. There are two reasons for this, including the Russia-Saudi Arabia oil price war, which lowered oil prices for the first time before the COVID-19 pandemic. The industry has not recovered.
As fewer people traveled early this year, and then rose back to almost normal travel levels, the volatility pattern has led to poor performance in the industry.It is oil stocks that caused the energy sector to fall, such as Chevron Corporation (New York Stock Exchange:CVX), Valero Energy (New York Stock Exchange:flea)with Exxon Mobil Corporation (New York Stock Exchange:XOM). So far this year, they have fallen by 40%, 47% and 52% respectively.They are also currently in my F grade Portfolio grader, Make them all powerful sellers.
Best Department: Information Technology
The field of information technology covers a large number of technical industries, such as hardware and software, semiconductors and communications equipment. The overall market volatility does not have much impact on the industry in 2020.Although the industry’s average annual rate of return is about 18%, Technology Featured Industry SPDR Exchange traded funds (NYSEARCA:XLK) The current rate of return to 2020 is 32%.
Some of the leading high-tech stocks are Microsoft Corporation (Nasdaq:Microsoft), ServiceNow Inc. (New York Stock Exchange:just now),as well as Zoom video communication (Nasdaq:ZM). The truth is that they played an important role in contacting people during this year’s blockade.
Zoom connects people through video, and the stock has soared 618% so far this year. Microsoft has also contributed to the online video workplace through its workplace video and messaging applications team.
ServiceNow is a primarily software-based company that manages cloud computing software for information technology (IT) service management and digital workflow products. ServiceNow applications can manage various internal departments-from IT to security to human resources to customer service. These applications can be customized according to the specific needs and organizational structure of each company. They are designed to reduce the time required for employees to find answers, which can also save money.
mine Portfolio grader Rate both ZM and NOW as A, while MSFT makes all three purchases for B-.Currently, these three stocks are located in my Growth investor Purchase list The rate of return is high-94%, 180% and 37% growth respectively.
Why does my system work
The reality is that this is an exciting year for technology stocks.This year, with new advancements in AI, autonomous vehicles, Internet of Things (IoT), 5G and many other technological developments, I have been adding a large number of technology stocks Growth investor Purchase list.In fact, I recommended eight new technology stocks to me Growth investor Subscribers only this year!
As 5G technology and development continue to make headlines this year, I am particularly excited about 5G technology stocks.But there is a 5G technology stocks, Especially I think I will see huge benefits in the next few months.
I call it King of 5G.
It is already one of the world’s largest semiconductor equipment manufacturers because the products it provides cover the entire field of 5G technology, such as autonomous vehicles, robotics, cloud computing and the Internet of Things (IoT), and can be used for machine learning, Optics, sensors and analysis.
If you are looking for Fundamental advantages of 5G inventory Strong revenue and sales growth, Growth investor The company matches the bill with “T”. It shattered third-quarter earnings yesterday and hit a 52-week high!
Click here to watch my free briefing on 5G and join us in the following ways Growth investor Nowadays.After completion, you will receive my special report King of 5G “Turbo Button” Technology that gives you insight into 5G and why the stock is expected to profit from all 5G trends. This report is yours-completely free.
You can watch my free briefing on 5G and join us for a copy Growth investor Nowadays.
Note: The editor hereby declares that since the date of this email, the editor directly or indirectly owns the following securities, which are the subject of reviews, analysis, opinions, suggestions or suggestions, or are mentioned in this guide, the article is as follows :
Microsoft Corporation (MSFT), ServiceNow Inc. (NOW), Zoom Video Communications (ZM)
Louis Navellier made an unconventional start because he was a graduate student and accidentally built a stock system that beats the market-even competing with Warren Buffett. In his latest feat, Louis has discovered the “Master Key” that can profit from the greatest technological revolution of this generation (or any generation).
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