Here’s the Popular Robinhood Stock Most Likely to Soar in 2021

Source

Robinhood's 100 most popular stocks include quite a few that delivered sizzling performances in 2020. Investors now want to know which of these stocks will generate great returns in 2021.

My view is that there are quite a few stocks ranked among the most popular on Robinhood that could be big winners over the next 12 months. If I had to pick one most likely to soar in 2021, though, it would be ARK Innovation ETF (NYSEMKT:ARKK).

Sure, ARKK is technically an exchange-traded fund (ETF) that's on Robinhood's 100 most popular list. However, it trades like a stock. And I think it could provide investors the best shot at receiving an outsized return in the new year.

An arrow labeled 2021 strikes the bull's-eye of a target.

IMAGE SOURCE: GETTY IMAGES.

What sets ARKK apart

ARK Innovation ETF is a smart buy because it gives you lots of great stocks in one fell swoop. It typically holds between 35 and 55 individual stocks with the potential for disruptive innovation in their respective markets.

The ETF is managed by ARK Investment Management, which is led by founder and CEO Cathie Wood. She has a knack for identifying innovative, pioneering companies. To paraphrase the E.F. Hutton TV ad from years ago, when Cathie Wood talks, people listen.

Listening to her has paid well. Take a look at how ARKK performed compared to the S&P 500 index in 2020.

ARKK Chart

ARKK DATA BY YCHARTS

This performance last year wasn't a fluke. Since the inception of the ETF on Oct. 31, 2014, it has delivered a sixfold gain.

Specific holdings ready to roar

Just because ARKK has been successful in the past doesn't mean that its future will be bright. However, I think that the ETF's focus on disruptive innovators, combined with Cathie Wood's acumen, makes ARKK a great pick for 2021.

In particular, several of ARKK's top holdings appear poised to deliver strong gains this year. Roku (NASDAQ:ROKU), for example, soared 148% in 2020 (close to the same as ARKK itself). The market for streaming TV should enjoy continued momentum in 2021, sending Roku's share price even higher.

Wood is a big fan of healthcare stocks, especially those focused on genomics. She said in December, “The biggest upside surprises are going to come from the genomic space, and that's because the convergence of DNA sequencing, artificial intelligence, and gene therapies is going to cure disease.” 

ARKK's third-largest holding, CRISPR Therapeutics (NASDAQ:CRSP), ranks as a leader in CRISPR gene editing — a disruptive innovation that's been hailed as the “biggest biotech discovery of the century.” I expect major progress for CRISPR Therapeutics this year with its promising cancer cell therapies and experimental gene-editing treatments for rare genetic blood disorders. 

Teladoc Health (NYSE:TDOC) is another healthcare stock that's high on ARKK's list. I'm also really optimistic about the telehealth services leader's prospects. My view is that Teladoc's acquisition of Livongo Health last year will give it a significant advantage in winning customers.

I'm on board with ARKK's bullish take on Square (NYSE:SQ) as well. The fintech stock ranks as ARKK's fourth-largest holding. My view is that Square will continue to outperform with its fast-growing Cash App peer-to-peer payment app. I also think that the increased availability of coronavirus vaccines will help small businesses recover, boosting Square's payment processing business.

Follow the star

Cathie Wood's adaptability is the primary reason I chose ARKK for this article. If anything happens to change her view on the prospects for a given company, she'll quickly adjust ARKK's position in the stock.

My Motley Fool colleague Jeremy Bowman recently wrote that Wood is the “star investor that investors should follow — even more than Warren Buffett.” I agree with Jeremy. The easiest way to follow this star is to buy the ARK Innovation ETF.

Read Next: Must-See Video: Elon Musk Dancing!?

Sponsored

What has Elon Musk so happy? 

(Click here to see why Elon’s dancing now) 

Well, it has nothing to do with his car company, Tesla, getting added to the S&P 500… 

And it’s not his partnership with NASA to send astronauts into space… 

Instead, Elon might have just made his biggest bet yet…

And it could soon make him the richest person alive — and for you… 

It could impact almost every area of your life — from how you shop, to how you work, and even to how you make money. 

And if you act now, you have the chance to get in on the ground-floor of Elon’s newest breakthrough! 

Click here now for the surprising story you’re NOT hearing about on the nightly news (yet!) »

Is Amazon Obligated to Pay You?

Thanks to a U.S. law, you can claim your slice of this jackpot and collect up to $48,000 over the next year.

Enter your email below to find out how.


By submitting your email address, you give Todays Top Picks permission to deliver the report or research you’re requesting to your email inbox. As a bonus, you will also get a free subscription to one of our carefully selected marketing partners. You can unsubscribe at any time To review our privacy policy, click here: Privacy Policy | How it Works

By submitting your email address, you give Today’s Top Stocks and Morning Bullets permission to deliver the report or research you’re requesting to your email inbox. You can unsubscribe at any time. To review our privacy policy, click here: Privacy Policy | How it Works

#1 Energy Pick

This little-known Silicon Valley company is using AI to do something incredible…
Enter your email address to receive the name and ticker symbol of the #1 tech bargain stock now.


By submitting your email address, you give Todays Top Picks permission to deliver the report or research you’re requesting to your email inbox. As a bonus, you will also get a free subscription to one of our carefully selected marketing partners. You can unsubscribe at any time To review our privacy policy, click here: Privacy Policy | How it Works

By submitting your email address, you give Today’s Top Stocks and Morning Bullets permission to deliver the report or research you’re requesting to your email inbox. You can unsubscribe at any time. To review our privacy policy, click here: Privacy Policy | How it Works

#1 EV Breakthrough of 2022

Louis Navellier is about to give away the ticker symbol of an overlooked battery company… one set to skyrocket in value as the EV boom gets underway. 
Simply enter your email below to learn the name of this company today…


By submitting your email address, you give Todays Top Picks permission to deliver the report or research you’re requesting to your email inbox. As a bonus, you will also get a free subscription to one of our carefully selected marketing partners. You can unsubscribe at any time To review our privacy policy, click here: Privacy Policy | How it Works

By submitting your email address, you give Today’s Top Stocks and Morning Bullets permission to deliver the report or research you’re requesting to your email inbox. You can unsubscribe at any time. To review our privacy policy, click here: Privacy Policy | How it Works

Anyone can invest like “The People’s Shark” with as little as $100

You no longer have to be rich, famous, or powerful to become an angel investor. Starting now, it’s possible for you to get involved in these life-changing deals.
Enter your email address for all the details of this once-in-a-lifetime investment opportunity.


By submitting your email address, you give Todays Top Picks permission to deliver the report or research you’re requesting to your email inbox. As a bonus, you will also get a free subscription to one of our carefully selected marketing partners. You can unsubscribe at any time To review our privacy policy, click here: Privacy Policy | How it Works

By submitting your email address, you give Today’s Top Stocks and Morning Bullets permission to deliver the report or research you’re requesting to your email inbox. You can unsubscribe at any time. To review our privacy policy, click here: Privacy Policy | How it Works

Is L.A.S.E.R. The Greatest Tech Breakthrough in History?

A $3.5 trillion megatrend… spearheaded by Elon Musk is bringing what could be the most disruptive, revolutionary tech breakthrough the world has ever seen, with one small company sitting at the center.
Enter your email address to receive the name and ticker symbol of this once-in-a-lifetime investment opportunity.


By submitting your email address, you give Todays Top Picks permission to deliver the report or research you’re requesting to your email inbox. As a bonus, you will also get a free subscription to one of our carefully selected marketing partners. You can unsubscribe at any time To review our privacy policy, click here: Privacy Policy | How it Works

By submitting your email address, you give Today’s Top Stocks and Morning Bullets permission to deliver the report or research you’re requesting to your email inbox. You can unsubscribe at any time. To review our privacy policy, click here: Privacy Policy | How it Works

2,467% Return on Israeli Laser Company

Learn the 3 Steps You Need to Protect Your Retirement and One Stock that Could Soar 2,476% in Nine Months.
Enter your email address to receive the name and ticker symbol of this once-in-a-lifetime investment opportunity.


By submitting your email address, you give Todays Top Picks permission to deliver the report or research you’re requesting to your email inbox. As a bonus, you will also get a free subscription to one of our carefully selected marketing partners. You can unsubscribe at any time To review our privacy policy, click here: Privacy Policy | How it Works

By submitting your email address, you give Today’s Top Stocks and Morning Bullets permission to deliver the report or research you’re requesting to your email inbox. You can unsubscribe at any time. To review our privacy policy, click here: Privacy Policy | How it Works

One Tweet From Elon Could Blow This Story Wide Open

Last year, anyone who listened to this man about Tesla could’ve made EIGHT TIMES their money. Now he’s revealing how Elon’s NEXT big move will revolutionize ANOTHER massive $23 trillion market.
Enter your email address to receive the name and ticker symbol of this once-in-a-lifetime investment opportunity.


By submitting your email address, you give Todays Top Picks permission to deliver the report or research you’re requesting to your email inbox. As a bonus, you will also get a free subscription to one of our carefully selected marketing partners. You can unsubscribe at any time To review our privacy policy, click here: Privacy Policy | How it Works

By submitting your email address, you give Today’s Top Stocks and Morning Bullets permission to deliver the report or research you’re requesting to your email inbox. You can unsubscribe at any time. To review our privacy policy, click here: Privacy Policy | How it Works

$25 to Profit from 20,000 IPOs

Days from now — 20,000 ‘IPOs’ could start flooding the market…
Enter your email address to reveal how anyone with $25 can stake their claim.


By submitting your email address, you give Todays Top Picks permission to deliver the report or research you’re requesting to your email inbox. As a bonus, you will also get a free subscription to one of our carefully selected marketing partners. You can unsubscribe at any time To review our privacy policy, click here: Privacy Policy | How it Works

By submitting your email address, you give Today’s Top Stocks and Morning Bullets permission to deliver the report or research you’re requesting to your email inbox. You can unsubscribe at any time. To review our privacy policy, click here: Privacy Policy | How it Works

"Bio-Chip" Sparks Potential 199,900% Surge by 2025

Sign up below for all the details on this tiny company being considered a once-in-a-lifetime investment opportunity.


By submitting your email address, you give Todays Top Picks permission to deliver the report or research you’re requesting to your email inbox. As a bonus, you will also get a free subscription to one of our carefully selected marketing partners. You can unsubscribe at any time To review our privacy policy, click here: Privacy Policy | How it Works

By submitting your email address, you give Today’s Top Stocks and Morning Bullets permission to deliver the report or research you’re requesting to your email inbox. You can unsubscribe at any time. To review our privacy policy, click here: Privacy Policy | How it Works