3 Stocks to Buy January 2021 for Growth, Value and Dividends | Summary and Q&A

TL;DR

Joseph Hogg provides an update on the 2021 portfolio, which has gained 32% so far. He reviews the current stocks, including top performers, and introduces three new stocks for investors to consider.

Key Insights

• 🉐 The 2021 portfolio has outperformed the S&P 500 by 27% with a 32% gain.
• 🏦 Financial stocks, particularly banks, are expected to perform well in 2021.
• 🎁 The semiconductor industry, specifically in the 200 millimeter wafer size, presents an opportunity for growth.
• ☺️ Wells Fargo is an attractive value stock pick due to relaxed restrictions and better economic conditions.
• ✋ AT&T offers a high dividend yield and potential upside with its 5G rollout and streaming business.

Transcript

hey bowtie nation joseph hogg here with the let's talk money channel and an update to our 2021 portfolio already up 32 and we're just getting started on the year we put on shares of energy and financials at exactly the right time but today i'm adding three more stocks that could take this portfolio even higher in this video we'll review the nine st... Read More

Questions & Answers

Q: What is the current performance of the 2021 portfolio?

The portfolio has gained 32% so far, outperforming the S&P 500 by 27%.

Q: What are some of the top-performing stocks in the portfolio?

Diamondback Energy has gained 57% since being added, while Lyft has seen a 35% increase. CVS Health and Citigroup have also performed well.

Q: Why does Joseph Hogg like adding bank stocks to the portfolio?

He believes the financial sector, including commercial banks, will perform well in 2021 due to looser restrictions, stimulus deals, and better economic conditions.

Q: Why is Joseph Hogg adding United Microelectronics to the portfolio?

He sees potential in the semiconductor industry, particularly in the 200 millimeter wafer size, where there is a shortage. UMC is well-positioned to take advantage of this opportunity.

Q: What factors make Wells Fargo an attractive value stock pick?

The Federal Reserve's relaxation of restrictions, better economic conditions, and the bank's low price-to-book value ratio of 0.75 make Wells Fargo an attractive choice.

Q: What are the reasons to consider investing in AT&T?

Despite past concerns about its acquisition strategy, AT&T has made strategic decisions and has a good valuation with a dividend yield of 7.3%. The 5G rollout and streaming business also offer potential upside.

Summary & Key Takeaways

• Joseph Hogg shares an update on the 2021 portfolio, which has gained 32%.

• He reviews the current stocks in the portfolio, highlighting their performance and potential.

• Three new stocks are introduced, offering growth, value, and dividends for investors to consider.