As the Sun Sets on 2020, These 5 Stocks Are My Highest-Conviction Holdings
This very miserable year is nearly over, and like most people, I say good riddance! Between political tensions, social unrest, and a worldwide pandemic, 2020 will easily go down as a year to forget. Amazingly, the stock market's been one of its few bright spots. The S&P 500's going to end the year up on the order of 14%.
Don't misunderstand though. While the global economy may be in recovery mode, it's recovering into a different sort of business environment. Consumer-facing companies must offer online shopping options now. Disinfecting is a stand-alone industry. Streaming has become the preferred form of entertainment. And these are just a sampling. Much more has changed.
With these evolutions in mind, here's a rundown of my top five stock picks for the so-called "new normal" we'll see firm up in 2021.
Source Fool.com
