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Where to Put $1,000 In 2021


Investors need a diversified portfolio, but not everyone has the tolerance for including risky, speculative stocks in the mix. But for those who do, the cannabis sector is one that has shaken off the initial exuberance that came with the legalization of recreational marijuana in Canada in 2018 and still offers interesting long-term opportunities.

Some companies are continuing to grow with the budding market, and others have overspent building infrastructure -- perhaps because they thought U.S. legalization would have arrived already. If you have $1,000 to invest in 2021 and still want to bet on the eventual federal legalization in the U.S., two stocks worth a look are Aphria (NASDAQ: APHA) and EnWave (OTC: NWVCF)

Image source: Getty Images.

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Source Fool.com

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