The holidays are coming at us fast — during a time when volatility is historically high. And I have a close eye on a few cyclical holiday stocks to own in 2021 that’ll help carry investors’ portfolios to 2022.
One area of the stock market I have a key interest in this holiday season is the gaming sector. I expect these names to have a strong, long-term and fundamental impact on the market to the upside — despite current issues with the Chinese government.
The younger generation is so addicted to gaming, I have a good feeling this new trend of online gamers and Twitch streamers is just the beginning. Hell, while GameStop is a foolish stock to trade, the GME frenzy was emblematic of the fact that gaming is a real thing — even an addiction — to many people.
It’s as big — and already headed toward being much bigger — as the motion picture industry.
I said what I said.
And if you really think about it, we’re still in the infancy stage of what gaming could eventually evolve into…
However, I’d be a fool if I didn’t mention a major issue going on in the gaming industry, particularly when it comes to producing consoles: a semiconductor chip shortage.
But what I expect to eventually happen with the chip shortage is we’re going to have to do things the old-fashioned way… and simply pay.
Companies are beginning to realize that people have money saved up — since many are still choosing not to travel anywhere. And they’ll pay almost anything to get the products they desperately want.
There’s power in pricing up.
And while deliveries may be delayed with the mass orders coming in, I expect a lot of gaming and semiconductor companies — and their stocks — to be surprised with how well they do during the holiday 2021 season.
But those aren’t the only holiday 20210 stocks to own that WealthPress Senior Strategist Roger Scott and I are looking at…
2 Holiday Stocks to Own Before 2021 Ends
I’m also bullish about chocolate right now. Yes, chocolate — that wasn’t a typo.
There tends to be a historic cyclical rise in chocolate sales right around Halloween, and people like to stock up and eat it during the holidays.
I know my family does.
So right now, I’m looking at stocks like Rocky Mountain Chocolate Factory Inc. (Nasdaq: RMCF) and Hershey Co. (NYSE: HSY).
These stocks are all good end-of-the-year trades to get into — along with being incredibly timely… and tasty!
The names I mentioned have the tendency to go up between now and the end of the year, so now is the time to get in.
But, of course, those aren’t the only holiday stocks to own in 2021.
Check out the video below to learn more about the best holiday 2021 stocks to own.
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