Minted

2020 has been one of the strangest but most rewarding years in the stock market. Remarkably, the Nasdaq composite is up over 40% year to date. Those are pretty impressive returns but that pales in comparison to some of these high-flying tech stocks. In this episode, I want to take a look back in 2020 and go over the best performing tech stocks of the year. Let's run through the best winners year to date in the tech sector, break down what drove them to multi-bagger status, and discuss if they're poised to continue to do well in 2021.

I believe all businesses are becoming more of a technology company, as technology solutions are becoming a necessity in this digital age. I’m always looking to invest in the next big disruptive innovation that has the ability to change an industry. Fueled by the pandemic, these companies have seen an acceleration in their business. Are these prices still justified? After their insane run-up, it's hard to say; however, all the companies I talked about today are still small to mid-cap companies. They still have some room to grow as long as they continue to execute on their business strategy. I believe 2021 could be another great year for these high flying tech stocks.

Digital Turbine (APPS) stock just hit its all-time high today at $53.80 and has been one of my best-performing growth stocks of 2020. This has been an amazing run as it hit its 52-week low of $3.48 just earlier this year in March. If you bought it at its lows, you’d have over a 10x on your initial investment.

So what’s been driving this incredible rally in APPS stock? How much further can APPS run? And is it still a buy now? In today’s episode, I’ll be answering these questions and what I’ll be doing moving forward.

Digital Turbine (APPS) simplifies content discovery and delivers it directly to the device. Its on device media platform powers frictionless app and content discovery, user acquisition and engagement, operational efficiency and monetization opportunities. Digital Turbine's technology platform has been adopted by more than 40 mobile operators and OEMs, and has delivered more than three billion app preloads for tens of thousands advertising campaigns.

Digital Turbine delivers a mobile services platform that works with mobile operators and third-party publishers to provide portal management, user interface, content development and billing technology that enables the responsible distribution of mobile entertainment.

The Next Multibagger Intro

WM Holding Company could be the best pure technology play in this fast-growing industry. On December 10th, 2020, SPAC SSPK announced it was going to bring cannabis technology platform company WM Holding Company (WMH) public through a merger that will allow it to trade on the Nasdaq Stock Exchange. Unlike traditional companies in this space, it can trade on the Nasdaq unlike the OTC markets because it does not handle the goods itself.

Growers and producers typically face heavy fines, strict regulations, and low margins resulting in a volatile and risky investment. WM Holdings (WMH) is a technology and software company that serves as the technology backbone for many businesses. Weedmaps gives customers the information and tools to find cannabis brands, delivery services, dispensary storefronts, deals and medical marijuana doctors wherever they are.

The company was founded in 2008 with a strong belief in the power of cannabis and the importance of enabling safe, legal access to consumers worldwide. Since then, WMH has become the most comprehensive platform for consumers and building software solutions that power businesses compliantly in the space. WMH’s mission is to power a transparent and inclusive global cannabis economy.

Spacs have been taking off this year posting incredible gains and have become the the trendiest IPO route to take. Spacs, or special purpose acquisition companies, are formed to raise money through an initial public offering to buy another company. It feels like a new spac comes out other every day, and it's hard to keep up with and filter through them all. If you've been missing out on them this year, don't worry, today we'll be breaking down what I think could be one of the best SPACs of 2020. In this episode, we are going to be analyzing Weedmaps (SSPK), and will be breaking down if it's a great buy today.

After Xpeng's IPO on August 27, 2020, of 99.7 million shares for $15, we witnessed an insane run-up to an all-time high of $74.49 on November 23. As of today (December 10th), Xpeng's stock stands at $43.55, a drastic fall from grace only a month prior. In today's episode, we are going to be discussing Xpeng, what's affecting its stock price, and why I think it's a great investment for the long term. Headquartered in Guangzhou, Xpeng Motors is one of China’s leading smart electric vehicle (“EV”) companies. Xpeng designs, develops, manufactures, and markets smart EVs that are seamlessly integrated with advanced Internet, AI and autonomous driving technologies. Their mission is to transform smart electric vehicles with technology and data, shaping the mobility experience of the future.

2020 has seen amazing returns on IPO's and C3.AI could be the next to take off. C3.AI (ticker: AI) will hit the public market tomorrow, December 9th, 2020. Redwood City, California-based C3.ai was founded to develop a suite of machine learning software capabilities to help businesses make better decisions and optimize their operations and strategic activities. The proven C3 AI Suite provides comprehensive services to build enterprise-scale AI applications more efficiently and cost-effectively than alternative approaches. Join us for a deep dive into C3.AI and our take on it as a potential investment.