The post 2 Pot Stocks That Can Double in 2021 appeared first on The Motley Fool Canada. Why BCE (TSX:BCE) Is the Perfect Holiday Buy. Returns as of 01/24/2021. Innovative Industrial Properties (NYSE:IIPR) is another stock that more than doubled last year, with its shares vaulting 141% higher. IIP's niche is conducting sale-leaseback transactions. Its furniture can also be rearranged to fit any living space, with over 250 machine-washable covers that can be purchased. That's why he is recommending Honeywell International Inc. (HON), Iridium Communications Inc (IRDM), and Trimble Inc. (TRMB). Thanks to the COVID-19 pandemic, companies and individuals are embracing remote work more than ever before. In 2020, IIP added 20 properties, boosting its total to 66 properties in 17 states. A … But one intriguing name slipped through the cracks: Cloudera (NYSE:CLDR). At this trajectory, Teva's net debt should decline from north of $34 billion in 2017 to potentially less than $15 billion by 2023. Nevertheless, here are four of the top TSX stocks that could double in 2021. That's not good news, but the company also has a secret weapon: CEO Kare Schultz. Any NPS above 50 is viewed as exceptional. … ... 3 Stocks I will buy in 2021! Resilient stocks with strong business moats will, however, always have a place in an investor’s portfolio. For context, that's nearly double its historic average annual return over the last 40 years. It's a real estate investment trust (REIT) focused on the U.S. medical cannabis industry. Second, two states voted in November to legalize medical cannabis, with more potentially on the way. Why Is Everyone Talking About Innovative Industrial Properties Stock? With that in mind, here are four growth stocks that could double in the next 12 months: Coty (NYSE: COTY) Here are eight stocks that analysts believe could double this year. About … Growth stocks cleaned up in 2020, but they could have a rockier 2021. Despite more than quadrupling in value over the trailing six months, vertically integrated multistate operator Jushi Holdings (OTC:JUSHF) gets my nod as a candidate to double. Its number of active buyers jumped 37% year over year in the third quarter of 2020, while its new U.S. freelancer registrations soared 48% year over year -- more than two times the growth in the prior-year period. Green energy stock. A whopping 318 of them have more than doubled. Traditionally, gold and silver stocks rocket higher in the early stages of an economic recovery, implying that this is SSR's time to shine. The advantage of this approach is that it protects Jushi from facing much, or any, competition. So let’s talk about stocks that are not only protected but likely to benefit from Jay Powell’s prolific “efforts.” With showrooms closed in certain regions, the company has predominantly shifted its sales platform online. The S&P 500 is likely to post another double-digit percentage gain in 2021 as the distribution of COVID-19 vaccines underpins a lasting economic … Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. Likewise, the more businesses look to outsource work on Fiverr, the more freelancers will sign up. (In other words, dividend stocks that’ll double while investors are fixated on deflation.) In 2021, SSR Mining's production should handily surpass 700,000 gold equivalent ounces, with the company bringing in $450 million in free cash flow. Over roughly the past year, it's moved away from its legacy data platform and has pushed its new hybrid Private Cloud and Public Cloud offerings. ... Strong Buy Stocks for February, 2021. TFSA Investors: Prepare for a 2021 Stock Market Crash The factors behind Fiverr's remarkable rise remain fully intact in 2021. My top stock for 2021 is Fairfax Financial (TSX:FFH). 3 Stocks That Could Double in 2021 NIO – An effective coronavirus vaccine is looking like a real possibility next year. But whatever happens not all growth stocks are created equal heading into 2021. Amazingly, after losing more than a third of its value in less than five weeks during the first quarter, the benchmark S&P 500 rallied to finish 2020 higher by 16%. It recently completed a merger of equals with Turkey's Alacer Gold. Below is a list of companies in the S&P 500 Index that analysts expect to increase their sales the most during 2021. 3 Stocks That Could Double in 2021 NIO – An effective coronavirus vaccine is looking like a real possibility next year. Green energy has seen a huge increase in popularity this year. Fiverr offers transparency to buyers of digital services who don't want uncertainty about the quality and price of the work they're paying for. Stocks are unlikely to repeat last year's record-shattering performance in 2021 as a V-shaped recovery is largely priced in, Morgan Stanley says Emily Graffeo Jan 14, 2021, 21:17 IST Of these open locations, roughly half are located in Illinois. With sales growth likely to exceed Wall Street's expectations in calendar year 2021, and the company valued at just over 4 times forward-year sales, Cloudera has plenty of reason to rocket higher this year. But the even more exciting growth segment for Cresco is its wholesale division. Rather, multiple tailwinds work in their favor and grease the skids for massive gains. Snowflake Stock Could Double in 2021 Here's our analysis and trading strategy on the newly minted analytic data warehouse. Market data powered by FactSet and Web Financial Group. This digital spend is expected to grow by 16% annually through 2024, and is where EverQuote makes its home. Stocks … And Winnebago shares have been heading in the right direction recently, up 15% in the last month to more than double its industry. Hopefully, the good news in 2021 will continue unlike the curveball thrown at us in 2020. Strong Buy Stocks for February, 2021 Zacks has a proven record of recommending stocks with significant upside potential. The good news is that key provinces, like Ontario, have begun opening new dispensaries at a steady rate. Some stocks, though, have better prospects of achieving 100% returns than others. The stock soared in 2020, but it could be poised for another banner year in 2021 if the vaccine helps to unlock the global economy. Three factors should pave the way for the company to grow its number of properties significantly. I'd buy dirt-cheap shares now and hold them forever. Top British stocks for January 2021. To build on this point, OrganiGram also employs three tiers in its cultivation rooms, which maximizes its licensed space and helps to improve overall yield. One of the biggest issues with Canadian pot stocks is that they've been hamstrung by regulators at the federal and provincial level. 5 of the best shares I’d buy now for the stock market rally in 2021. The beauty of the EverQuote model is that it's built to take advantage of insurers switching their customer capture activity online. Chris MacDonald | January 18, 2021 | More on: HEXO HEXO Here we discuss three stocks -- QLYS, FTNT, FEYE -- that have witnessed a remarkable run this year and are well poised to generate double-digit returns in 2021 as well. Finding a company involved in the cloud that's valued at less than 10 times sales is practically impossible. Targeted at millennial investors, the yarn used in Lovesac's sactionals is made from 100% recycled plastic bottles. Market data powered by FactSet and Web Financial Group. One of the wildest years in stock market history is now in the books. SHARE. Alacer owns an 80% interest in the high-yield, low-cost Copler mine. An estimated $146 billion in spent annually on advertisements and distribution by insurance companies -- $5.6 billion of which is digital spending. The stock skyrocketed 730% and went even higher before a slight pullback in the last week of December. It then leases the properties back to the operators with long-term agreements. However, it's the biggest and best-known player. I’d follow Warren Buffett's advice in 2021. 5 UK shares I think could double. Buyback programs tend to lift earnings per share and make a company appear more fundamentally attractive to investors. SHARE. As we enter the new year, it’s safe to say that the stocks set for huge returns in 2021 will be largely dominated by the pandemic. With its shares so deeply depressed, it wouldn't take much for this stock to double. Buy These 2 Stocks Before Trading Opens for 2021. 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