Top stocks to watch this week: 20/12/2021

These are our weekly picks for the top stocks to be watching over the week commencing 18/12/2021.
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Our top pick: Airbnb

Airbnb’s IPO took place a little over a year ago on the 9th of December 2020 and began trading on the following day (the 10th). The company has had a difficult time since the pandemic began, in some periods lockdowns throughout the world caused travel to grind to a halt, but there were periods were travel saw a huge increase. The issue is now that winter has arrived the outlook for travel does not look promising, some governments are hinting at lockdowns and further restrictions and some countries are basically banning travellers from certain countries as France has done with UK travellers.

Due to all this, if restrictions go deeper it could cause issues for Airbnb, but as the world saw last year, everything did eventually open up again.

As mentioned below Airbnb is currently trading at a significantly lower price compared to where it was over a month ago. For the potential, this company has it could be seen as an attractive price. We would say Airbnb is still at an early stage as a company and has much more growth to offer in the future.

Airbnb stock is down by around 11% since the start of 2021, it is currently trading at around $154.85, which is down from its peak at $208.38. Over the past month, it is down around 21.46%.

Visa

Visa is a hugely popular brand best known for its Visa-branded credit, debit and pre-paid cards. The company is deeply involved in the current financial system, but recently they have been pushing strongly into cryptocurrency. Should crypto continue on its promising path, Visa may be well-positioned to take advantage, however, it is yet to be seen how exactly Visa will make a difference in the cryptocurrency world.

Recently Amazon has made the decision to stop accepting UK issued Visa Credit cards, while this is not exactly great news for Visa, it also likely won’t harm them. Some have speculated that the ban may not actually take place or won’t last long, as Amazon may just be using the ban on Visa Credit cards as an attempt to push for lower fees.

Visa stock is up by around 1.51% since the start of 2021, it is currently trading at around $214.37, which is down from its peak at $250.93. Over the past month, it is down around 0.67%.

Mastercard

As Visa above, Mastercard is a very similar company. Mastercard is also interested in cryptocurrency and also like Visa it is yet to be seen how its interest in crypto will actually make a difference.

There is one simple good outlook for Mastercard however, and that is: In the UK at least, there has been a slow trend of banks switching away from issuing Visa cards and switching to Mastercard. This has most recently happened with NatWest, which is moving all its Visa issued debit cards over to Mastercard.

There is no doubt that Mastercard is an important company in the finance industry and they do appear to be continuing with innovation and pushing the company further.

Mastercard stock is up by around 4.76% since the start of 2021, it is currently trading at around $352.92, which is down from its peak at $401.50. Over the past month, it is down around 0.47%.

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