After a tumultuous year in which growth stocks dominated, the announcement of a successful vaccine has investors questioning whether these trends will continue. With low returns on offer elsewhere, investors are turning to equities, looking for the bulletproof returns that continue to run long into the future.
Tech darlings like Netflix, Alibaba and Spotify garnered significant attention from investors. However, Bob Desmond from Evans and Partners and Joe Magyer from Lakehouse Capital are not so convinced.
In this episode of Buy Hold Sell, Bob and Joe discuss these three growth stocks that ran in 2020 and whether they still see value in them. The pair also reveal their top pick for a resilient stock which they hold primed for growth.