In this article, we have gone through the best performing and worse performing stocks of 2021 based on their YTD (year-to-date) performances.
At writing time (December 17th, 2021), with an astonishing 738.20% increase YTD, GameStop Corp. (NYSE: GME) is the top-performing stock, while on the other side of the equation, we find the Brazilian fintech StoneCo Ltd. (NASDAQ: STNE), with a -81.08% loss in price YTD.
The fear of the next pandemic is no longer an ever-present thought in the back of our minds. The post-pandemic economic recovery has characterized 2021. Of course, there are still some concerns, but it’s safe to say that the global economy is now prepared to move forward to show what comes next. In 2021, it wasn’t just about getting people back to work and fixing the unemployment problem; it was also about ensuring full access to healthcare and preparing the markets for another potential pandemic to avoid another economic decline.
The United States government has been working hard to get unemployment rates back up after the pandemia in 2020. As the platform TradedTrends reports, unemployment had reached an all-time high of 22% in 2020 before it finally decreased. It’s still not back at pre-pandemic levels, but it’s getting close.
Best Stocks in 2021
GameStop Corp. (NYSE: GME)
Stock Gain YTD: 738.20%
GameStop Corp. is an American company mainly operating in the video game sector. The company operates over 6,000 stores across 14 countries. It primarily sells new and used video games, consoles, and accessories for various systems. It also offers Geek Squad services for computer-related issues, video game consoles, and game pre-orders.
The company’s stock jumped 738.20% YTD, more than doubling in value from the previous week. The increase was fueled by amateur investors who have been posting about the stock on social media platforms like Reddit and Twitter.
Upstart Holdings Inc. (NASDAQ: UPST)
Stock Gain YTD: 219.71%
Upstart uses data to map your career path and predict your future income potential. In conjunction with other credit information like your education, work history, and financial goals, they use this data to determine the likelihood of you repaying a loan. They offer loans up to $50,000 at competitive rates with payday loans and other expensive short-term credit products. Unlike most lenders, they don’t charge any fees or origination charges on our loans.
People who graduate or change jobs offer simple repayment plans where you only pay back what you owe each month according to your income level. They also provide the best rate possible by factoring in all available federal benefits programs for which you may be eligible, such as unemployment insurance or food stamps. Here are some ways Upstart can help improve access to affordable credit while reducing the risk and costs of lending.
Moderna Inc. (NASDAQ: MRNA)
Stock Gain YTD: 152.41%
Moderna is one of the world’s most innovative biopharmaceutical companies, and it has become one of the fastest-growing biotech companies in the world. The company’s transdermal delivery system platform is an emerging next-generation technology that can change how medicines are delivered around the globe.
Transdermal drug delivery is a method of bypassing the gastrointestinal tract and skin to deliver drugs through the skin and into your body, which can increase drug bioavailability and reduce side effects. Pharmaceutical companies like Moderna are at the forefront of pharmaceutical innovation and the discovery of new therapies for patients with unmet medical needs. As they continue to make strides in the understanding of diseases, treatments are becoming more targeted, personalized, efficient, cost-effective, and accessible to more people around the globe.
Continental Resources Inc. (NYSE: CLR)
Stock Gain YTD: 152.36%
Continental Resources, Inc. is an American petroleum and natural gas exploration and production company based in Oklahoma City, Oklahoma. The company operates in the United States, Canada, Algeria, Equatorial Guinea, Gabon, Mozambique, Namibia, and Trinidad.
Continental owns interests in more than 825 thousand net acres of land in North America with about 300 drilled wells. It also has interests in more than 1 million net acres offshore.
Continental Resources has been exploring oil and natural gas since 1972. Its first well was drilled outside Bartlesville’s city limits. In the early 1990s, it became one of the top-producing independents as a result of pioneering new drilling technology such as “slick-water” fracturing and horizontal drilling.
Devon Energy Corp. (DVN)
Stock Gain YTD: 150.22%
Devon Energy Corporation (Devon) is an energy company. It explores for, develops, and produces natural gas, oil, and natural gas liquids (NGLs).
Devon has operations in the United States as well as internationally in Canada, Egypt, Equatorial Guinea, Indonesia, Ireland, and Trinidad. Its exploration activities are primarily concentrated onshore in North America.
Devon’s NGLs business gathers NGLs from various sources such as pipeline-quality ethane streams from petrochemical processors and fractionators at its fractionation plant near Houston, Texas. The company has access to a large inventory of upstream crude oil supply that it blends with condensate to produce valuable crude oils that trade at a significant premium to benchmark prices.
Devon is headquartered in Oklahoma City, Oklahoma.
Worst Stocks in 2021
StoneCo Ltd. (NASDAQ: STNE)
Stock Loss YTD: -81.08%
Stone is a company that services its customers through payment and management tools, flexible financial products, with no bureaucracy and close to zero fees. The company manages all transactions and cash flows for the customer and converts everything into the customer’s native currency.
Stone was founded in 2016 as a project from the “FinTech” sector of Innovation Bank of France, BPI France. They have been developing their product ever since. In 2017, they launched their beta version of the app on Android with the goal of simplifying people’s lives by providing them access to financial services with ease. The app is not available on iOS yet because it is still being developed for this platform.
Stone helps its customers manage their money by combining three services: payments, finance management, and bank account consolidation.
GoHealth Inc. (NASDAQ: GOCO)
Stock Loss YTD: -76.24%
Medicare plans are not one-size-fits-all. The type of coverage you need depends on your health and what you want out of a plan. You have a lot of options to choose from, but it can be difficult to figure out which one is right for you. This idea generated GoHealth – a marketplace for Medicare plans – where users can compare the prices and benefits of the top Medicare providers in your area.
With GoHealth, users can compare and contrast all types of plans from all carriers—and find out which one will work best for you. The platform always highlights the cost difference between employer-sponsored plans and those that are available on your own.
C3.ai Inc. (NYSE: AI)
Stock Loss YTD: -73.72%
C3 AI is a leading enterprise AI software provider for building enterprise-scale artificial intelligence applications and accelerating digital transformation. They believe that businesses of all sizes need to be able to take advantage of the latest advanced analytics and machine learning capabilities in order to deliver the best possible customer experience. That’s why they work closely with their clients, providing them with the insights and solutions they need to succeed.
They’ve done this by developing two platforms: C3 Predictive Analytics and C3 Machine Learning Platform. The first one helps enterprises make sense of their data and turn it into insights, while the second provides the tools for turning those insights into intelligent actions.
No matter what stage of AI development your organization is at, they can help you build, grow, and scale your future today.
Paysafe Ltd. (NYSE: PSFE)
Stock Loss YTD: -73.98%
With Paysafe, all you need to do is open an account and get your company’s credit card. You will then be able to make payments without any hassle through the online system. All transactions are secure, which means that the money is always in your hands.
Paysafe provides simple and secure payment solutions to businesses of all sizes around the world. They provide an easy, cost-effective way for small businesses to enter the international market without any hassle or risk. Their products are flexible to suit any business need, whether you’re just starting up or expanding your company internationally.
Peloton Interactive Inc. (NASDAQ: PTON)
Stock Loss YTD: -72.73%
Peloton Interactive, Inc. is an American exercise equipment and media company based in New York City. Founded in 2012 by John Foley and Emily Seidman, Peloton provides interactive video classes to members via streaming services. Classes are led by instructors from around the world, broadcasting live into the homes of members.
Peloton’s signature product is a high-tech stationary bicycle that includes live and on-demand programming for fitness enthusiasts at home, which can be synced to the video screens on their bikes. The company also sells treadmills, weights, kettlebells, mats, and other exercise gear, as well as branded apparel designed by their in-house team.
Peloton has raised more than $750 million in funding from venture capital firm Kleiner Perkins Caufield & Byers (KPCB), Tencent Holdings Limited (Tencent), TPG Growth (TPG), True Ventures (True), Sequoia Capital (Sequoia), and private investors including Q.