Written by Robert Thompson Jr. | 12/31/20
This article provides information and education for investors. However, FeedYourEmpire does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks or securities.
The year 2020 has been a big disaster. First, covid-19 really turned this year upside down by keeping everyone away from each other, it also limited contact with family members and friends. The stock market took the biggest crash ever, But like the old saying says there is a lot of wealth in a crisis so you have to make sure you take advantage of great investment opportunities.
We will give you a breakdown of the best and worst investments of 2020. Let’s say you had 10 thousand dollars in the bank for 2020. Right now that 10 thousand dollars would be worth the same amount. If you were to make 300% on your 10K investment. You would have 30 thousand dollars. Even if you would have made 30% you would have 13 thousand dollars. This is why investing is so important.
Top 5 worst investments
5. J.C. Penny (JCPNQ)
Since the pandemic came majority of the stores and businesses were closed. So it was hard for any business to make much of a profit, especially J.C. Penny. Once the lockdowns came and sales plunged, J.C. Penney simply wasn’t equipped to handle the situation. They also failed to appeal to consumers on the digital front, as it was left behind in the new world of retail. Most importantly, they dropped an insane 99.6%.
4. Luckin Coffee (LKNY)
Luckin Coffee is definitely one of the worst investments of 2020. In January, shares fell as much as 27% in a single day, On April 2nd they dropped more than 75%. However, Luckin Coffee may look like an attractive investment because of its low share price and compelling growth potential, with everything going on the stock is a silent portfolio killer because of its bad corporate culture and cash-burning business model.
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3. United Airlines (UAL)
Out of all the airlines United Airlines has been the worst performer. on March 18th they started to go down more than 80%, However, since covid is around Investors expect it to take 3 to 5 years for United Airlines stock to climb back.
2. Carnival Cruise (CCL)
With how covid did this year it’s no surprise that this stock went down. This cruise is down a little over 57% so far. Therefore, Carnival Cruise Line canceled all cruises for 2020. Nevertheless, This company does seem like it could rise up when this covid is over with.
1. Chesapeake Energy (CHKAO)
If you are looking for great investments to invest in then don’t consider looking into this. Chesapeake is an energy producer that focuses on unconventional onshore oil and natural gas. Their shares went down 98.8%, its balance sheet had too much debt, and their business wasn’t profitable enough. With all these facts this company does not look like an exceeding business.
Top 5 Best Investments
5. PayPal Holdings Inc. (PYPL)
PayPal Holdings, Inc. is a technology platform and digital payments company that enables digital and mobile payments on behalf of consumers and merchants. It started in December 1998 and generated $232.61B and rose 99.08%.
4. Nvidia Corporation (NVDA)
Nvidia Corporation is an American multinational technology company. The company went public in January 1999, with its shares priced at $19.69 each. Now Nvidia is at $522.20B and rose 120.52%.
3. L Brands inc. (LB)
L Brands, Inc. is an American fashion retailer. Its flagship brands include Victoria’s Secret and Bath & Body Works. the company was founded by Leslie “Les” Wexner in 1963. Now L Brands is at $37.19B and rose up 126.38%. This company is going down however it looks like a good investment in the future.
2. Advanced micro devices inc. (AMD)
Advanced Micro Devices, Inc. is an American multinational semiconductor company that develops computer processors and related technologies for business and consumer markets. Advanced micro devices inc. is worth $91.71B rose up to 99.87%. This is a great investment Above all, They grow rapidly.
1. Esty inc. (ETSY)
Etsy is an American e-commerce website focused on handmade or vintage items and craft supplies. These items fall under a wide range of categories, including jewelry, bags, clothing, home décor and furniture, toys, art, as well as craft supplies and tools. Etsy started in June 18, 2005, in Brooklyn, New York. Their total revenue is $428.7M and rose up to 273.14%
In conclusion
We have a bonus for you, but wait until you hear these numbers. Bitcoin in 2010 was 0.08 cents and on the last day of 2020 currently at 29,150.00. So 64 dollars invested in 2010 would make you a millionaire. There are also other cryptocurrencies that could make the same impact even bigger than bitcoin. Litecoin and Etherum are the most popular coins to make the same impact but don’t count out the coins that are not popular. WeBull is a great site where you can buy stocks and cryptocurrencies get your free stocks now.
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