Bitcoin (BTC) has hit investors with record numbers and annual returns of over 200%, but there are still stocks that still surpass it.
As of December 22, market data shows that stocks of at least five companies have given investors better gains than Bitcoin position since the start of 2020.
Peloton Interactive Inc.
Bitcoin First Clash and Victory – An Unlikely Success Story – Peloton Interactive Training Equipment Manufacturer.
With an annual return of 384%, PTON has gained a massive US dollar thanks to (potential) bans that have forced consumers to exercise at home rather than in the gym or outdoors. The company also offers online training as a brand on the same market.
The peloton is still small compared to Bitcoin as a whole, but with a market cap of $ 42.4 billion.
Another player actively using COVID-19 is heavy tech heavy-duty tech, Moderna, one of the companies developing a vaccine for the coronavirus.
Moderna launched at the end of December 2020, and has become one of the pioneers of vaccination in the United States.
Unsurprisingly, the stock’s reaction was similar, with the yield to date at 619%, giving the company a market value of $ 54.7 billion.
Zoom Video Communications Inc.
Zoom is already a household name this year, and by 2020 it is a popular tool for recreating an online office environment.
Despite controversy over breaches and crashes, Zoom enabled the company to achieve a massive market value of $ 116 billion and an annual return of 495%.
However, if the vaccine gives authorities confidence that physical offices will function normally, the demand for work-from-home programs may decline.
Enphase Energy Inc.
In an article that is not closely related to the virus, Enphase Energy, the company that manages renewable energy, has made great strides this year.
The company is still young, with a market cap of only $ 21 billion, but the stock returned nearly 490% in the first 12 months.
Like the more profitable stocks of 2020 (see below), clean energy is a popular market segment that will only expand despite questions about how far renewable energy can go in replacing fossil fuels across the global economy.
Even Apple co-founder, Steve Wozniak, started an energy-efficient business with his WOZX token this month.
Not surprisingly, Tesla is by far the best stock of the year, ignoring speculation about a monthly bubble.
The numbers are staggering – 850% year-to-date revenue, nearly $ 620 billion in market value and the latest S&P 500 list.
Compared to 218% of Bitcoin, the $ TSLA looks like a unicorn it has never seen before, but at a BTC price, the stock looks a lot less a par.
Meanwhile, Elon Musk, CEO, continues to flirt with Bitcoin on social media, sparking speculation about a possible share purchase or transfer.
However, when downsizing, Bitcoin remains the most efficient resource of the decade. Even at the start of the year, when the Bitcoin / US Dollar exchange rate was $ 7,200, its supremacy as an investment was undeniable.