In just a few days, we’ll be putting 2020 firmly in the rearview mirror. That’s a proposition most Americans can fully get behind.
But for investors, seeing 2020 come to a close might bring mixed emotions. Despite losing over a third of its value during the first quarter, the broad-based S&P 500 looks to end the year higher by a double-digit percentage. That’s actually above its historic annual return rate, which is pretty impressive given all that’s transpired in 2020.
However, crossing the proverbial finish line for 2020 doesn’t mean investors can’t generate sizable gains in the year that lies ahead. If you have $1,000 at your disposal, which won’t be needed to pay bills or cover emergencies, buying the following three stocks could allow you to start 2021 with a bang.
