There’s no way of predicting where 2021 is going to take us because everyday the stock market brings us something new to consider. No two days will ever be the same — it’s why investors find Wall Street so exciting. BUT we can plan for some of the things that’ll come our way in the new year, and our plan involves “safe” stocks to watch in 2021. And of course when we say “safe,” no investment is truly 100% safe and risk-free. There is always a level of risk involved in every trade you make.
If this year taught us anything, it’s that it doesn’t hurt to have a plan for the unpredictable…
It’s the final day of 2020, and if you’re like us, then you’re already making a game plan for a few safe stocks to watch in 2021.
We’ve already compiled a watchlist of stocks that are piquing our interest, and ones that have proven themselves more than once in the past.
Historically, precious metals and miners catch a bid at the beginning of the year. If you look at gold and silver (which we have our eyes on right now), we think the easiest way to play it is with the ETFs — GLD for gold and SLV for silver.
These two are the easiest names to play at the beginning of the year if you want exposure to precious metals, but they’re not the only ones that have investors interested in.
Copper has been on a tear lately in the stock market, and we don’t see this trend slowing down anytime soon… and why should it? As one of the first metals found by humans, copper has become a useful metal for everyday life: It’s used in construction, plumbing, motors and generating power.
If you think the 2021 economy is going to roar, then the safe stocks to watch in 2021 are copper names like Freeport-McMoRan Inc (NYSE: FCX), Southern Copper Corp (NYSE: SCCO) or Teck Resources Ltd Class B (NYSE: TECK), which have all been on fire recently, as well.
Another reason why we’re feeling bullish on the metals in 2021 is because we’re near all-time highs right now and we have a sneaking suspicion that the stock market is about to experience some major volatility later in January…
On January 20, 2021, President-elect Joe Biden will be inaugurated as the 46th president of the United States.
While we can’t time the market and say that the volatility is going to hit exactly on this day and time of the week, we do know that investors should always prepare for the risk it could be bringing in the stock market.
In a “normal” market (what’s even normal anymore?) with high volatility, we’ll usually see investors combat the risk by pouring their money into safe assets… i.e., precious metals… i.e. the stocks to watch in 2021.
And if these important catalysts also occur in 2021, we might be looking at the biggest bull market yet…
Watch the video to see what we’re talking about, and get the rest of the names and tickers for the “safe” stocks to watch in 2021.