Highly Profitable Stocks to buy in 2021

The stock market faced numerous ups and downs during the year 2020. These were primarily due to the coronavirus pandemic and the 2020 US Presidential Elections for the election of the 46th President of the United States. The year was a year full of gains and profits for the stocks of some companies while various other companies had to face the wrath of the pandemic and their businesses got slowed down or shut down. Now, this year is a year of re-establishment for those companies and a year of gaining more for the companies who performed well last year. Here, let us discuss the stocks which will give great profits upon investment. In the case of these stocks, investors can expect good profits. These stocks will work out well for both the old shareholders and the new shareholders. Innovative Industrial Properties Inc. (NYSE: IIPR) 52 Week Range: $40.21 - $199.35 Average Volume: 475,650 Market Capital: $3.992B Forward Dividend and Yield: 96 (2.71%) Alphabet Inc (NASDAQ: GOOG) 52 Week Range: $1,013.54 - $1,847.20 Average Volume: 1,660,769 Market Capital: $1.177T Forward Dividend and Yield: N/A (N/A)   UnitedHealth Group Incorporated (NYSE: UNH) 52 Week Range: $187.72 - $367.95 Average Volume: 3,126,431 Market Capital: $327.153B Forward Dividend and Yield: 00 (1.43%)   Costco Wholesale Corporation (NASDAQ: COST) 52 Week Range: $271.28 - $393.15 Average Volume: 2,248,396 Market Capital: $166.436B Forward Dividend and Yield: 80 (0.74%)   Fiverr International Ltd. (NYSE: FVRR) 52 Week Range: $20.42 - $228.49 Average Volume: 1,311,331 Market Capital: $7.53B…

Thoughts on Shopify Stock (NYSE: SHOP)

The industry which benefitted and did not suffer any losses during this time of the coronavirus pandemic is the e-commerce industry. While Amazon, the great e-commerce giant made major gains during this time, Shopify was not too far away from the same. This company also made huge profits and made its way into the top stocks. People have opted for online shopping more than traditional shopping this year and that is why the e-commerce stocks grew greatly. Moreover, Shopify’s progress has even made it a competitor of Amazon and eBay both of which are e-commerce giants and tough to compete with. Therefore, the growth of the company is well evident without any doubt. Shopify and 2020 The year 2020 was full of drastic changes and losses for many companies because of the imposition of the curfews and lockdowns, but some sectors also grew up high and rose from their previous status. Similar is the case with Shopify. The company’s quarterly earnings were quite a lot high as compared to its earnings in the last year. The earnings of the three quarters this year have come out to be as high as 82% when compared to the income of 2019. As of the third quarter, the company earned $412.6 million which was a rise of 88% since the 2019 third-quarter earnings were $219.4 million. The rising percentage is very large and this shows that the company has effortlessly grown this year and has become stronger. If we compare it to eBay,…