Supply chain issues have dominated the financial world over the last six months, causing inflation concerns and volatility in growth stocks. Payments from the stimulus package and reports of a large infrastructure renovation plan have fueled optimism. Tesla, Inc., an electric vehicle manufacturer, and Sea Limited, a Singapore-based holding company with investments in e-commerce platform Shopee and the video game industry, are among the stocks that have set new highs in recent years. Over the last few months, all of these stocks have risen by double digits. These companies have been affected by a broader decline in growth stocks in recent weeks. Square, Inc., a digital payments company, is another strong performer this year. During the pandemic, the stock rose as the coronavirus lockdowns bolstered the company’s main business model. As cryptocurrencies like Bitcoin rose to record highs of nearly $64,000 in April before taking a breather during the previous month, Square, Inc. benefited from $400 million in crypto-related investments.
Here is Insider Monkey’s list of the 10 best-performing stocks in 2021. Ashford Inc. is an investment management firm situated in Texas that was created in 2014. On the ranking of the ten best-performing stocks in 2021, it ranks tenth. Year-to-date, the company’s stock has returned more than 208 percent to investors. The Manitowoc Corporation, Inc. is a manufacturing company based in Wisconsin that was formed in 1902. On the ranking of the top ten best-performing stocks in 2021, it is ranked ninth. In the last five months, the stock has returned nearly 100 percent to investors. Atlantic American Corporation is a life insurance company situated in Georgia that was founded in 1968. On the list of the top ten best-performing stocks in 2021, it is ranked eighth. Since the beginning of the year, the company’s stock has returned more than 112 percent to investors. The Joint Corp. is a healthcare company situated in Arizona that was launched in 2010. It ranks seventh among the top ten best-performing stocks for 2021. Year-to-date, the company’s stock has returned more than 174 percent to investors. CONSOL Energy Inc. is an energy corporation based in Pennsylvania that was formed in 1864. It comes in sixth place on the ranking of the top ten best-performing stocks in 2021. Year-to-date, the stock has returned more than 132 percent to investors. For more details, click 10 Best-Performing Stocks in 2021.
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