4 “Strong Buy” Robinhood 100 Stocks to Invest in for 2021

Inclusion in the Robinhood 100 list means that a stock is popular, but popular stocks do not always perform well. However, there are certain stocks on the list currently that have performed well this year and look poised for significant gains in 2021 also…

PayPal Holdings, Inc. (PYPL – Get Rating), Pfizer, Inc. (PFE – Get Rating), Starbucks Corporation (SBUX – Get Rating), Square, Inc. (SQ – Get Rating) are four such stocks that are ready to enter 2021 with strength and promise. These companies delivered better-than-expected performance numbers in their last quarterly reports and are well positioned to keep showing improvements in the upcoming quarters.

These stocks do have strong fundamentals and their business models are succeeding even amid current economic uncertainty. These companies are seeing high demand for their products and services, which we expect will continue.

PayPal Holdings, Inc. (PYPL – Get Rating)

PYPL operates a platform that allows users to transfer money in the US and internationally. The platform facilitates both digital and mobile payments. PYPL’s stock has gained 100.5% so far this year.

PYPL’s remittance company XOOM recently announced that users in the United States will now be able to send money directly to a recipient’s bank account. Recipients will be able to receive the money without having to sign up for an account with XOOM. The move comes at an opportune time during the pandemic, allowing users to send money to their loved ones entirely online.

For the quarter ended September 2020, the company’s total payment volume rose 38% compared to the same period last year. The company also saw an addition of 15.2 million Net New Active Accounts to its service.

PYPL is expected to see revenue growth of 13.2% for the quarter ended February 2021 and 15.4% in 2021. The company’s EPS is estimated to grow 12.4% in 2021 and at a rate of 17.4% per annum over the next five years.

How does PYPL stack up for the POWR Ratings?

A for Trade Grade

A for Buy & Hold Grade

A for Peer Grade

A for Industry Rank

A for Overall POWR Rating

The stock is also ranked #2 out of 46 stocks in the Consumer Financial Services industry.

Pfizer, Inc. (PFE – Get Rating)

PFE develops, manufactures, and markets pharmaceutical and healthcare products. The company’s brands include Celebrex, Lipitor, Viagra, Zyvox, Sutent, EpiPen, and more. PFE’s stock has risen 14.5% year-to-date.

PFE is responsible for the first clinically proven and government approved coronavirus vaccine in the world. This development is likely to lead to…

Continue reading at STOCKNEWS.com

 

Leave a Reply

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