to top

Best-Performing Stocks: March 2021

IMG_1887

Despite coronavirus pandemic some individual assets showed significant growth in value and allowed investors to multiply their capital. Read in my article what individual the stock market showed very significant gains last year.

Tesla

Obvious record holder of the year was the manufacturer of electric vehicles Tesla, whose securities have risen in price almost 6.5 times. The main driver for the rise in Tesla shares was the fact that the company ramped up production of electric vehicles, but that's not all.

The company had gains for the past 5 consecutive quarters. Moreover, Tesla shares were included in the S&P 500 index, which has supported the quotes recently.

The company's shares are currently trading at around $ 1,500. Thanks to the competent management strategy, cost reduction, and strong sales dynamics during the quarantine period, and now the assets are showing growth.

NVIDIA

NVIDIA took the second place, having risen in price by 125% over the year. One of the largest graphics card manufacturers has demonstrated its strength this year during the spread of the coronavirus. The company's two key areas are games and data centers, and these segments have shown strong demand this year thanks to the pandemic, which has contributed to improved financial results and support from investors.

working place

PayPal

The third place was taken by the payment service PayPal, whose shares have risen in price by 113%. This happened not only due to the increased need for online payments, but also because the company began to engage in cryptocurrency, which also received significant support from investors.

Amazon

Amazon shares recently showed a very significant increase on the background of a favorable forecast published by Goldman Sachs. Equities quickly recovered losses that had appeared when the pandemic began. Many analysts expect the price to rise further. Citigroup analysts have increased the target value of the shares. According to them, the company will continue to benefit from the growth in online sales, boosted by the spread of the coronavirus.

If we talk about smaller companies, the returns were even higher. For example, biopharmaceutical companies Novavax and Vaxart, which are developing a vaccine against coronavirus. Their shares are up 2929% and 2040% this year, respectively. Another example is the electric car company NIO, which has risen more than 1000% this year as Tesla launched a race in that direction.

In order to invest profitably, it is important to have a deep knowledge of the market, the skill of analysis and a trading strategy. Do you have any investment experience? Share your opinion in the comments below! If you wanna learn more or know more you can contact my team or you can jump into a one-on-one call with me right now clicking one of the the below buttons.

Alessandro Rocco Pietrocola is an entrepreneur, fintecher, investor, blogger and author based in London and operating mainly in Europe, Asia and Oceania with main focus on UK, Baltic Countries, Russia, China, Hong Kong, Malaysia, Singapore, UAE, Middle East and New Zealand as area of interest! At the moment is the CEO of Astorts Group. He is an UK FCA (Financial Conduct Authority) and NZ FSPR (Financial Service Provider Register) Approved Person and has great experience as director of regulated companies.
He uses to dedicate part of his life to inspire others and help them achieve the most out of their lives. Since he was 20, he had successfully founded and managed several companies operating in the field of management consulting, wealth management and fintech. He is Member of Institute of Directors in London, Member of Changer Club in Riga, Member of Fintech Association of Hong Kong, Member of Singapore Fintech Association, Member of Non Executive Director Association in London and Member of Alumni Network of Draper University in San Francisco. He loves travelling, he is a cigars lover, an amateur golfer and a dapper man.
DO YOU NEED MY TEAM HELP?

Please write me an email with your specific case, my team will be more than happy to help you to find the best solution for your business need or to advice and support you to start a new business venture.

Contact me
DO YOU WANT TO JUMP INTO A ONE-ON-ONE CALL WITH ME?

Take your chance to learn from who have done most of the stuff he is talking about for himself and he knows what works – and what doesn’t – in the real world.

Consulting

Book a Wake Up Call with me, if you are moving the first steps in the business world and you wish to learn how to get started!

Wake up call

Book a Check Up Call with me, if you are already in business and you wish to check up your business and leverage my experience to improve your structure or expand your business.

Check up call

Leave a Reply

Your email address will not be published. Required fields are marked *