Top Stocks 2020 – Stocks to Buy 2020 – Best Stocks 2020

Stocks to Buy 2020 – Top Stocks 2020

Top Stocks 2020 – Below is a list of the Top Stocks in 2020.  These 2020 Stock Picks are some of the stocks I own and will trade personally.   When I look at potential stocks to buy in 2020, I try to identify hot stocks and big gainers that will outperform the market.  So what are the best stocks for 2020?  The best stocks in 2020 are a few of my favorite hidden gems and etf’s.  In 2020, I feel that SHAK, GBTC, TNA, SPXL, and UDOW will rise next year.  See my comments on these top 2020 stocks below.  Check out my Top Penny Stocks 2020

Best Stocks 2020 – Shake Shack (SHAK) is another top stock pick for 2020 because the stock dropped from $102 to $62 in a month.  As most of you know, I’ve loved SHAK stock since its IPO five years ago and a few months ago, strong earnings powered this stock to a new all-time high.  The company then released good earnings but announced they will be revising some stores and going with GrubHub (GRUB) as their prime delivery serviced in 2020.  This news is great long term but will provide uncertainty to their 2020 earnings and sales esitmates.    Now that the stock is down 40% in a month, I’ve taken a large position and will continue to add shares throughout 2020.  Shake Shack (SHAK) has a strong brand, they continue to add new locations, and the brand attracts long lines at peak times.  I’m giving SHAK a $105 price target for 2020 and a 10-year price target of $300 per share.  Shake Shack will likely hit $1 Billion in sales in two years and the stock should also rally from $65 to $130 in the next two years.

Stocks to Buy 2020 – Grayscale Bitcoin Trust (GBTC)  – My #1 Top Stock in 2020 is Grayscale Bitcoin Trust (GBTC).  After a long bear market for Cryptocurrencies, Bitcoin is snapping back into the halving event of 2020.  Around May 25, 2020, the Bitcoin block mining reward will decrease to 6.25 Bitcoins every 10 minutes instead of the current 12.5 bitcoins every 10 minutes.  I’m expecting the price of Bitcoin to increase dramatically in 2020, 2021, and 2022 before another major correction sets in. The Grayscale Bitcoin Trust is currently the only pure play bitcoin stock to buy right now but there are several ETF’s in the works.  The next crypto bull market will bring in the big players like institutions and pension funds and we will see a rally like no other.   GBTC is now my Best Stock 2020 and I bought a lot of shares in the $3’s and $4’s during the last crash.  Price Target $20-$40 over the next few years.

Small Caps Bull 3x Russell 2000 (TNA) – In 2020, there will be a correction or two and I will want to buy TNA on each of these corrections.  TNA is a Top Stock 2020 because shares always return to a new high after a correction.  There is no safer stock pick in 2020 than TNA due to the fact that like the S&P 500 and Dow Jones, the Russell 2000 returns to a new high 100% of the time after every correction or stock market crash.  TNA is bullet proof and is one my favorite stock in 2020.  Last year, the China trade-deal caused TNA and small caps to underperform so when a deal is announced, expect small cap stocks to snap back strong.

ProShares UltraPro Dow30 (UDOW– UDOW is another one of my top stocks for 2020.  If you are bullish on the stocks in the Dow Jones, UDOW gives you 3x the performance of the Dow.  When the Dow Jones rallies 1%, UDOW stock will rally 3%.  The Dow has lagged the S&P 500 lately, mainly because of the weakness in Boeing (BA) stock.  I’m expecting Boeing and many others to rebound in 2020 which makes UDOW a best stock idea in 2020. As always, if a stock market crash occurs in 2020, my top stock picks are TNA, SPXL, and UDOW.  The stock market always returns to new highs after a correction or crash so these three etf’s will follow back up as well.  If these three stock picks ever crash during a market decline, sell your bad stocks and switch into these three.