NOVEMBER PORTFOLIO UPDATE
Wow what a start to the month! Here's a quick update for everybody investing with me on eToro. I want to start by highlighting our best performers and although many of our stocks had a terrific start to the month, there were 5 stand out companies! In fact you may recognise some of the names below from my previous post on 10 STOCKS TO DOUBLE IN 2021!
1) Aurora Cannabis (ACB) +140%
2) Tilray (TLRY) +68%
3) Cronos (CRON) +41%
4) GW Pharma (GWPH) +27%
5) Canopy Growth (CGC) +22%
There is definitely a theme here but these are monstrous gains over a single week. This is a reward for sticking to our long-term time horizon and not giving up on stocks that have been beaten down.
“Be greedy when others are fearful.” - 𝐖𝐚𝐫𝐫𝐞𝐧 𝐁𝐮𝐟𝐟𝐞𝐭𝐭
I believe that we will continue to benefit from our positioning within the cannabis industry but also thanks to our exposure to various other MEGA GROWTH TRENDS which I've listed below.
The Gene-editing sector is expected to grow at a Compound Annual Growth Rate (CAGR) of 25% over the next 5 years.
The industry will move further into the mainstream next year after Jennifer Doudna & Emmanuelle Charpentier were recently awarded the Nobel prize for the discovery of a gene-editing tool called CRISPR.
2) RENEWABLE ENERGY
The Renewable Energy sector is expected to grow at a Compound Annual Growth Rate (CAGR) of 6% over the next 5 years.
This may not be explosive growth however the long term market potential is enormous! The fossil fuel industry is currently worth $3.5 trillion and Renewable's will continue to disrupt this space.
3) BLOCKCHAIN & CRYPTOCURRENCY
We are entering a new era of computer programming and it has the ability to disrupt almost every industry. At the heart of this breakthrough technology is the idea of decentralisation and that notion seems more important than ever in a time where the media and government appear to have too much control.
The global blockchain market is expected to grow at an enormous Compound Annual Growth Rate (CAGR) of 67% from 2020 to 2025.
Movies, music, games... What can't you stream these days? Thanks to the ever increasing reach and strength of the internet, The streaming market is expected to grow at a Compound Annual Growth Rate (CAGR) of 20% through 2020-2025.
The video game industry is expected to grow at a Compound Annual Growth Rate (CAGR) of 13% over the next 5 years thanks to cloud gaming, improved virtual reality & mobile gaming. However the industry should get a near term boost from new generation consoles & continued lockdowns.
Not only do we have exposure to these growth industries but, after performing vigorous analysis, we have identified and own shares of the best companies within them. Finally, I'd like to once again say well done to everybody who has grown their savings with me so far this month. Continue to trust in our portfolio & trading strategy and I assure you that we will continue to grow our savings faster than almost every other method out there.
For those not currently benefiting from the stock market, you can get started today by clicking HERE and joining eToro for free!
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