It’s certainly been an interesting 12 months, and while many businesses have been left floundering, some businesses and industries have really come to the fore, making them ideal opportunities for investment.
If you’re looking to dabble with investments in 2021, then below we’ve highlighted some of the key industries which are well worth looking into at present…
For years now, online casinos have been growing, with revenue skyrocketing and more and more brands hitting the market with unique selling points and new technology guiding them. Over the last 12 months we’ve seen dozens of new brands successfully land in the market, such as GenieRiches.com, which takes a more magical approach to online casino play, tapping into the success of many themed games and producing a unique and mysterious concept of their own.
Meanwhile, many of the major players are only getting bigger, with 2020 seeing more and more people seek entertainment online, and in particularly the likes of online slots and card games. It’s an industry that is only predicted to get bigger and one that investors will certainly be keeping an eye on.
Biotechnology has really come to the forefront of the technology sector in recent years, and over the last 12 months there has been huge growth as biotech companies rush to develop vaccines and develop the future of medicine further. There are many biotech stocks worth keeping an eye out for at present, with the likes of Dynavac Technologies, ImmunoGen and G1 Therapeutics all being tipped by many in the know.
It perhaps goes without saying that AI is going to be a big trend of 2021, just as it has been in the last few years and indeed will continue to be. It’s completely changing the way we work and the way we engage and interact with products, including the gambling sector which we mentioned above. AI is enhancing and changing jobs, and more and more businesses are looking to adopt it to ensure maximum efficiency. Digital platforms are just one example where businesses are showing a growing interest in adopting in order to harness the power of AI to navigate the plethora of digital data that would otherwise be impossible to conduct using just manpower alone. Which is why many brands such as Microsoft, Azure and NVIDIA continue to be sound investments for people, and great for people looking to enter the market for the very first time.
Life & Health Insurance
Insurance companies are often a favourite for investors and that will certainly be the case this year. They offer a sound addition to a portfolio and have the potential to produce long-term returns. There are many great insurance stocks to be investing in right now, including MetLife, which has been a real hit thanks to their simple business model and the fact they pay one of the highest dividends yields within their peer group. The likes of Markel and UnitedHealth have also proved popular, particularly the latter which is proving to be a good start for investors at present.
The company serves more than 75 million people worldwide and are only growing, making them a solid choice within a portfolio and particularly easy to manage.