The US stock marketplace in 2021 is off to a decent commence with the cost of some of the common shares continuing their run from exactly where they left in 2020. While the S&P 500 index, a main indicator of the US stock marketplace, is up by practically 2.7 per cent YTD, the tech-dominated Nasdaq one hundred is up by about 5.7 per cent in 2021, in much less than a month.
Some of the massive-cap US stocks such as Tesla, Exxon, Intel, Airbnb and Zoom Video Communications are currently moving up and have generated returns of practically 15 per cent till date in 2021. Here we appear at 5 such stocks with a marketplace capitalization of more than $one hundred billion that are up by about 15 per cent YTD.
Tesla Stock
Tesla builds not only all-electric automobiles but also infinitely scalable clean power generation and storage goods, accelerating the world’s transition to sustainable power with electric vehicles, solar and integrated renewable power options for properties and enterprises.
The share cost of Tesla is about $850 and the stock has generated a return of practically 700 per cent more than the final 1 year and is up by practically 17 per cent in 2021.
Exxon Stock
The organization is the world’s biggest publicly traded power providers and chemical producers. Exxon Mobil develops and applies next-generation technologies to support safely and responsibly meet the world’s expanding wants for power and higher-excellent chemical goods.
The share cost of Exxon is about $50 and the stock is down by practically 23 per cent more than the final 1 year, but is up by practically 18 per cent in 2021.
Intel Stock
The firm is recognized for globe-altering technologies that enriches the lives of every single particular person on earth. Intel is working relentlessly to unleash the prospective of information, major to more capable and effective networks, and pervasive AI across wise devices.
The share cost of Intel is about $58 and the stock is virtually more than the final 1 year and is up by practically 16 per cent in 2021.
Airbnb Stock
The organization is an American trip rental on line marketplace organization primarily based in San Francisco, California. Airbnb maintains and hosts a marketplace, accessible to buyers on its web site or through an app.
The share cost of Airbnb is about $161 and the stock has generated a return of practically 10 per cent more than the final 1 month and is up by practically 18 per cent in 2021.
Zoom Video Communications Stock
The organization gives cloud platform for video, voice, content sharing, and chat runs across mobile devices, desktops, telephones, and area systems. Zoom is publicly traded on Nasdaq (ZM) and is headquartered in San Jose, California.
The share cost of Zoom is about $382 and the stock has generated a return of practically 420 per cent more than the final 1 year and is up by practically 16 per cent in 2021.
The tech-domination appears to be continuing in 2021. However, one particular must be diversified across sectors and not go overboard in exposure to any one particular sector. Investing in these or any other US stock is straightforward and effortless for Indian investors by opening a brokerage account for foreign stocks. Complete the KYC formalities, transfer funds and commence trading in the US stocks. And, what’s more, US brokerage accounts enable owning US stocks even in Fractions. You do not need to have to acquire the whole share but personal a fraction of the US blue-chip stocks, in particular these which are very-priced.