8 Stocks That Could Double Your Money in 2021
One of the wildest years in stock market history is now in the books. 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%. For context, that's nearly double its historic average annual return over the last 40 years. It's pretty incredible outcome considering we're navigating our way through a pandemic and the worst recession in decades.
Yet the figure that stands out most is that 1 in every 10 stocks over a $300 million market cap rose by at least 100% in 2020. This includes nine of the 20 stocks I predicted could double your money for 2020. The average return for the 20 companies on last year's list was nearly 88%.
Though valuations are stretched, I believe the following combination of eight growth and comeback-story stocks have the tools to double your money in 2021.
Source Fool.com
