Top 10 American Stocks to Buy in 2020 and Beyond


2020 was an interesting year in the financial market, especially because of Coronavirus pandemic. Despite the pandemic, the U.S. stock market ended at all-time highs. Investing in stocks is one of the best investment options in the US. In this article, we will look at 10 American stocks to buy in 2021

Tesla (TSLA) | Automotive

Tesla has been on a roll of late. The automotive and energy company run by Elon Musk has seen its stock soar. This is because the company has continued to ramp up production of Model 3. It has also successfully launched its factory in Shanghai. This year, the company will likely continue the upward momentum. There will be several catalysts. First, the company could continue its global domination battle by opening a factory in Germany. Second, it could continue to make profit. Third, it could spin-off its energy business. Finally, it will likely release the semi and the roadster. There is a possibility that the stock could soar to more than $600 this year. This makes Tesla stocks the best US stock to buy in 2021.

Chipotle Mexican Grill (CMG) | Restaurants

Chipotle Mexican Grill stock has made big investors like Bill Ackman billions of dollars. There were three main growth drivers for the company in the past year. First, the company has moved on past its e-coli previous crisis. Second, it is attracting more foot traffic in its stores. Finally, the company has continued to ramp online delivery options. Unless a major crisis hits the US, there is a likelihood that Chipotle will continue being one of the best American stocks to buy in 2021.

Zoom Video (ZM) | Technology

Zoom Video is a company that is changing the world of corporate video communications. The company has grown very fast in an industry that is dominated by the likes of Microsoft and LogMeIn. The coronavirus pandemic has boosted Zoom stock. This is because more companies have started to use its services and its revenue growth will continue being above 50%. This means that Zoom is one of the best American stocks to invest in 2021.

Uber (UBER) | Technology

Before it became a public company, Uber was the biggest unicorn. It was valued at more than $120 billion. However, the company has struggled since its IPO in 2019. The stock has dropped, and the company is now valued at $57 billion. The company has continued to face a number of negative headlines. However, the company was given a new licence in 2020 to work in London, nearly a year after the transport regulator rejected its application over safety concerns.

Uber is one of the best stocks to buy in 2021 because the company is undervalued based on the scale of its business. The company could also do some shareholder-friendly things like spinning its Uber Eats business. As a result, the stock could trade above $50.

Boeing (BA) | Industrial

Boeing has been in trouble. In 2019, the company was one of the worst performers in the Dow Jones Industrial Average. Trouble started when an Ethiopian jet crashed in March. Since then, the company’s revenue has missed estimates regularly. Revenue growth was affected and in December, the company decided to halt all production of the 737 max jet altogether. The company has also faced a lot of negative headlines.

Amidst all this, why do we believe that Boeing is one of the best US stocks to buy in 2021? Several reasons. First, Boeing is the biggest industrial company in the United States. It is present in most of all sensitive states. Second, the Federal Aviation Administration reinstated the Boeing 737 MAX’s operating certificate. Third, the company could receive a boost in its military division. All this makes Boeing a contrarian buy in 2021.

Slack (WORK) | Technology

Is Slack a good stock to buy? Slack has been a troubled company after its IPO in 2019. The company has fundamentally done everything right. For example, it has continued to grow its number of users. It has more than 13 million daily active users. The biggest challenge for the loss-making company is Microsoft. The company has been ramping up its free Microsoft Teams service that has now more than 20 million users.

As of this writing, the stock is trading at $42. Slack is one of the US stocks to invest in 2021 because of the quality of its product and the loyalty of the number of users. Frankly, I have never met a person who uses Microsoft Teams. This makes it one of the best American stocks to buy in 2021.

Microsoft (MSFT) | Technology

Microsoft has become the biggest company in the world based on market capitalization. This is a surprising turn of events for a company that was left for dead a few years ago. Cloud has become the most important factor in the company’s growth story. As a good evidence for this, the company won a major defence department contract in 2019. This contract will see it continue to get more government contracts.

In 2021, Microsoft is a stock to watch mostly because of cloud computing. The company has created a complete suite of cloud computing products. The most important investment has been on hybrid cloud, which is one of the reasons why it has continued to grow. This will see it take some of the market share from Amazon, which was the pioneer in cloud computing. Amazon has sued the Department of Defense and its decision to award Microsoft a cloud computing contract.

Target (TGT) | Retailer

The retail industry has been going through a mixed period. In the past few years, the growth of e-commerce has made more people do their purchases online. This has reduced the amount of traffic in malls and shopping centers. However, some retailers continue to do well. One of these retailers is Target, which has seen its stock keep rising. The company has achieved this by creating an intersection between physical retail and e-commerce. The momentum is still in Target’s side and the stock will likely continue soaring, making it one of top 10 stocks to invest in.

Workday (WDAY) | Technology

Workday had a mixed year in 2020. Workday has gained momentum this year as investors place their bet on the future of the company. This has seen the stock soar to $256. Momentum is on its side and the company may continue to rise in 2020. This is mostly because the company as a whole remains being healthy. As such, the company is one of top 10 stocks to buy in 2021.

Shopify (SHOP) | Technology

Shopify has been one of the best performers in the past few years. The stock has risen by more than 1,400% since its IPO a few years ago. This year, the company will continue to grow based on momentum and the growth the company has had, which makes it one of top 10 US stocks to invest in 2021.

Summary of US Stocks to Buy in 2021

Some in the market are expecting a rough 2021. Indeed, there will be some risks but the general picture in the US is that stocks will continue to do well. This out-performance will mostly be in the technology sector. Therefore, we recommend that you have a diversified portfolio and also you invest in index funds to diversify your income.

Crispus (BSc and MBA) is a finance professional with more than a decade experience as a financial analyst, writer, researcher, and trader. Crispus has written in-depth articles on leading platforms like CCN, Marketwatch, Investing Cube and Seeking Alpha. He also runs a forex education firm. Follow him on Twitter: @crispusnyaga and read more about us.