Got $10,000? My 2 Highest Convictions Stocks for 2021 Could Make You a Fortune Over 10 Years
Sometimes investors can draw parallels from other fields of study to help inform their investing decisions. One that comes to mind is from the realm of science -- Newton's first law of motion: An object in motion tends to stay in motion unless acted upon by an outside force. That same premise can be applied to investing in successful companies. Put another way, winners tend to keep winning.
There's a special breed of company that operates from a market-leading position, is riding significant secular tailwinds, and is focused on a large addressable market that can combine to provide the momentum necessary to drive the business to new heights.
With that in mind, my two highest conviction stocks for 2021 have already delivered significant gains over the past year, but I believe they have all the elements in place to handsomely reward investors over the coming decade and beyond.
Source Fool.com
