Top 20 Growth Stocks for 2021 – Pattern Profits
https://patternprofits.net/2020/12/top-20-growth-stocks-for-2021
Top 20 Growth Stocks for 2021 – Pattern Profits
Top 20 Growth Stocks for 2021 – Pattern Profits
20 Sea ( #SE )
Incredible run in 2020 following the $38 breakout & retest. Riding the MA cloud to new highs, number 7 on last year’s list didn’t disappoint.
Chart courtesy of TrendSpider
19 Unity Software ( #U )
Straight up from the IPO.
Chart courtesy of TrendSpider
18 Farfetch ( #FTCH )
Fantastic run off the March lows and a big breakout last month.
Chart courtesy of TrendSpider
17 Snap ( #SNAP )
Strong action since late 2018 and staged a big breakout last October.
Chart courtesy of TrendSpider
16 Cloudflare ( #NET )
Has been a rocket since breaking out of its IPO base.
Chart courtesy of TrendSpider
15 Roku ( #ROKU )
Number 4 on last year’s list has had a remarkable run off the March lows.
Chart courtesy of TrendSpider
14 NovoCure ( #NVCR )
Strong breakout in September continues off cloud support last month.
Chart courtesy of TrendSpider
13 Live Oak Bancshares ( #LOB )
Steep climb since the summer.
12 Advanced Micro Devices ( #AMD )
Trendline support dates back to mid-2018.
Chart courtesy of TrendSpider
11 Digital Turbine ( #APPS )
Strong trend higher off the March lows. Cloud support last month.
Chart courtesy of TrendSpider
10 EXP World Holdings ( #EXPI )
Monster performance in 2020. Growth estimates for 2021 supportive of the run.
Chart courtesy of TrendSpider
9 Innovative Industrial Properties ( #IIPR )
Another that has had a fantastic run off the March lows and staged a breakout last month.
Chart courtesy of TrendSpider
8 Goosehead Insurance ( #GSHD )
Number 8 on last year’s list didn’t disappoint. Same spot this year.
Chart courtesy of TrendSpider
7 Daqo New Energy ( #DQ )
Inverse head & shoulders breakout now riding the cloud higher.
Chart courtesy of TrendSpider
6 Halozyme ( #HALO )
Nice run following a big November breakout.
Chart courtesy of TrendSpider
5 Peloton ( #PTON )
Monster growth name found recent cloud support and quickly popped back into new highs.
Chart courtesy of TrendSpider
4 GrowGeneration ( #GRWG )
A 2020 beast and one of the year’s biggest winners riding cloud support higher. Growth estimates remain strong.
Chart courtesy of TrendSpider
3 Tesla ( #TSLA )
A top 5 name last year and is +700% ytd. Estimates have come down, but still look solid going forward. Another that recently found cloud support before a push into new highs.
Chart courtesy of TrendSpider
2 Purple Innovation ( #PRPL )
Just popped to a new high last week off cloud support. Monster EPS growth for 2021.
Chart courtesy of TrendSpider
1 Progyny ( #PGNY )
For the second year in a row, PGNY is in the top spot. It took much of 2020 to get going, but the recent breakout may bode well for 2021.
Chart courtesy of TrendSpider
Honorable mention: AOSL, BX, ECHO, FRPT, OMI, OSTK, NGMS, PMT and PINS. These have strong growth estimates, but just missed the Top 20.
Disclaimer: None of the presented content represents individual investment advice to buy or sell securities and the information provided is solely for educational and entertainment purposes. Author has long positions in PGNY, PRPL, PTON, EXPI, APPS and NET at the time of this writing.