Stock Picks
Despite the enormous economic pressures that we will be facing, the financial markets are buzzing with opportunity across different sectors, so keep your eyes open EasyVestors.
EasyResearch looks at 3 stocks to get your week going!
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Sygnia Itrix 4th Industrial Rev Global Equity ETF (SYG4IR)
The 4th Industrial Revolution is upon us EasyVestors and what better way to grab a piece of the action and invest in some of the world’s best tech companies than this ETF. Not only is the SYG4IR a Rand hedge of sorts it is also a very cost-effective way to invest in some of the world’s top companies. Some of the top holdings include NIO, Workhorse, Tesla and Zoom which has taken the world by storm and performed exceptionally throughout the COVID-19 pandemic.
You won’t find a deer staring into headlights here as Deere & Co (DE) surpasses my expectations and is now $18 above my target price and proved “Nothing Runs Like a Deere". Industrial stocks have been in high demand over the last month and might be for some time. This favorite agricultural-equipment company is also set to release Q4 earnings on the 25th of November 2020 before the opening U.S bell.
Bitcoin is here to stay it seems as the cryptocurrency has been in high demand over the last couple of months but with less fanfare this time around. With Bitcoins latest rise in demand, the other alt coins tend to follow which makes our very own EC10 Token a no brainer.
BlackRock’s chief investment officer Rick Rieder shares the sentiment that Bitcoin is here to mostly due to the huge demand from millennials.
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Informed decisions
Global markets have seen economic pressures return from the renewed increase of coronavirus infections around the globe, but there is certainly no shortage of opportunities. Some of the shares listed in this week’s stock picks have stood the test of time and might do so again.
New to investing
and want to know more about Deere & Co and the EC10 Token?
Read: Deere John (DE) and Corporates are getting into Crypto
Sources – EasyResearch, Yahoo finance, SeekingAlpha, Business Insider.
Take note: stock data was taken on 23/11/2020 during the JSE market open.
Follow Barry Dumas
@BEEF_FINMARKETS
Barry is a market analyst with GT247, with a wealth of experience in the investment markets. Now in his tenth year in the markets, Barry "The Beef" Dumas brings a combination of technical analysis and fundamental insights to the table.