I just looked at last year’s spreadsheet, pretty poor considering we were on a big bull run coming out of the Pandemic crash. Most picks were in the red.
I just went through my portfolio, none of them I think will double in the next year, but a few should increase by 2x over the next 5 years.
If I had to pick a 1 year 2x bagger, I would go for Alibaba as I’ve just bought it and then Rolls Royce. Although already up 47% on it.
So are we going to take the price from the 1st trading day in January as the start of this one. I’ll hold out on my pick for now as alot can happen between now and the end of the year.
I’ll say Affirm, AFRM, I’ve been holding since I joined FT, and it’s currently doing incredibly well after partnering with amongst others, Apple in Canada, shopify, Costco and Amazon with more to come. My average from April 21 is $75. As of today it’s $148.47, up 35% in the last month alone and for me 97%overall. Their next earnings report will be incredible.
Also skinbiotherapeutics, SBTX, following fantastic results from clinical studies and also the development of other products launching from October onwards. Next year is definitely a big one for them.
ITX, Itaconix working on biodegradable polymers in paints plastics and cleaning products.
Back to the US, and awaiting results and approvals, AVXL is developing treatments for dementia, central nervous disease, Alzheimer’s, Rhett, autism All trials have been amazing so far.
……also NRXP, awaiting imminent approval on their formulation for critical covid treatment.
These are picking up as we speak and about to soar….but not financial advice, do your own DD/ research.
It also gives ample time to come up with an idea. Two months.
I think we should think off a cut off date for suggesting stocks for the 2022 list.
I’m thinking of the 21 December 2021 @ 15:58 UK (Greenwich) time. Cuz winter solstice.
Establishing a cut off date so many days before the starting point has advantages and disadvantages.
Conveniently, the 31 December 2021 is a Friday. We could choose the cut off date for submitting suggestions to coincide with the market close in the US markets, which will be at 2.00pm local time/7.00pm UK time.
In either case, the purpose is to allow decisions to be made before the train leaves the station. When it leaves we can all watch. Only
I’ve just noticed the start point for the Freetrade Baggers 2021 edition is the 31 January 2021. For the sake of continuity, I think I’m going to void most of what I said previously. No more 31 December. Let’s keep 31 January as both start and end point: market at closing prices on the 31 January 2022. They’re all arbitrary anyway…
What would the cut off date be? There’s no solstice nor equinox in January… anything will do for me, but I do think we must not accept suggestions after de beginning of the period