Stocks to Buy 2020 - Grayscale Bitcoin Trust (GBTC) - My
#1 Top Stock in 2020 is Grayscale Bitcoin Trust (GBTC). After a long bear market for Cryptocurrencies, Bitcoin is snapping
back into the halving event of 2020. Around May 25, 2020, the Bitcoin block mining reward will decrease to 6.25 Bitcoins
every 10 minutes instead of the current 12.5 bitcoins every 10 minutes. I'm expecting the price of Bitcoin to increase
dramatically in 2020, 2021, and 2022 before another major correction sets in.
The Grayscale Bitcoin Trust is currently
the only pure play bitcoin stock to buy right now but there are several ETF's in the works. The next crypto bull market
will bring in the big players like institutions and pension funds and we will see a rally like no other. GBTC
is now my Best Stock 2020 and I bought a lot of shares in the $3's and $4's during the last crash. I'm holding GBTC
at $6.70 with a price target of $20-$40 over the next few years.
Tesla (TSLA) - To me, Tesla (TSLA) has always been a technology company
that sells cars. They have the best battery technology in the world and the gap is widening every year. I've liked
this stock since $70 back in 2013 and continue to recommend shares on big pullbacks. In early 2020, Tesla (TSLA)
is finally getting the respect it deserves and shares rallied from $300 to $800. I sold out of this stock and
switched into others but am now back in for the long term. Tesla (TSLA), with a market cap of only $145 billion,
has the potential to be one of the largest companies in the world in the next 10-15 years. Autonomous Driving and Tesla
Energy are the next pillars of growth and we could see this $800 stock hit $5,000-$7,000 in the next 5-10 years. Meanwhile,
the bears will still be comparing Tesla (TSLA) to old auto companies such as Ford (F) and General Motors (GM). Do we
compare Apple (AAPL) to Motorola and Nokia anymore?
Beyond Meat (BYND) - Beyond Meat (BYND) is another one of my
Top Stocks 2020. Beyond sells all-natural plant-based meat and is the leader in the industry. While other companies
sell a hybrid of plant and meat products or unhealthy GMO-based burgers, Beyond Meat is separating itself from the pack.
The stock rallied from $72-$132 in early 2020 and this is currently one of my top stocks for the next ten years. I have
a $150 price target for 2020, a $200 price target for 2021, and a $275 price target for 2022. If the release more products
and sign more deals, I will be revising these numbers upward.