Start 2021 Off Right by Buying These 3 Stocks
2020 was a volatile year in so many ways, and most people are glad to leave it behind. For the stock market though, it wasn't all bad. The S&P 500 index gained 16% despite witnessing three-year lows in March.
Investors can learn many lessons about investing from last year. One of them is that safe stocks -- or businesses that are resilient in times of economic upheaval -- are an important component in any equity portfolio. But safe doesn't have to necessarily mean slow growth. Target, Etsy (NASDAQ: ETSY), and PayPal Holdings (NASDAQ: PYPL) are all surefire bets for continued growth in 2021, and the long term.
Image source: Target.
Source Fool.com