The final month of 2021 is here and overall this year has been quite a unique year for investing. Despite the still ongoing pandemic, some stocks have even hit all-time highs, for some stocks this is justified but others do appear to be hugely overvalued. Here are our final monthly top stocks for the year.
Shopify has become a huge provider of eCommerce stores and has become a well-positioned platform for businesses to easily begin selling online. This year’s Black Friday just shows how well Shopify is doing as a platform – almost $2.9 billion was spent on Shopify stores – an 21% increase over Black Friday 2020.
Shopify is a very powerful platform that helps anyone sell online and due to the pandemic the transition for some businesses to turn to online sales has only accelerated. Overall Shopify is a very well run business and just by looking at the Black Friday figures, Shopify clearly has become an important part of the internet and likely is a great stock to hold for the long term.
Cryptocurrency has had an amazing year in 2021. There has been a huge increase in popularity and more people than ever are buying cryptocurrency.
There are many exchanges people can use to buy cryptocurrency, but Coinbase is perhaps the most well-known platform. The increasing popularity of crypto is a huge benefit for Coinbase and if crypto continues to grow and become more popular it can only be good news for the company.
Coinbase is a hugely popular crypto exchange and they are well-positioned to benefit from the increase in crypto popularity. Like with crypto itself, however, Coinbase is a more risky investment due to market conditions. However, the company has huge potential for the future, providing crypto continues on the path it is on.
This company had some difficulties at the start of the COVID-19 pandemic, as many people around the world suddenly started to spend less and that was not good for American Express. The company has mostly recovered from this now, even though COVID-19 caused some issues for the company they were always in a strong position for recovery.
American Express has shown that it can recover from events (such as COVID-19. Amex is a hugely popular, strong and well-known company and brand and as the world continues to open up once again it will only be good news for the company.