There’s little question that 2020 is one of the craziest years we’ll ever see as investors. The iconic Dow Jones Industrial Average (DJINDICES:^DJI) shed more than a third of its value in a matter of weeks during the first quarter, then subsequently spent nine months rallying to all-time highs. When the curtain closed on 2020, the Dow Jones had advanced by 7%. Not too shabby, all things considered.
However, successful investors don’t get caught up in past performances of indexes or equities. They’re concerned with the future and knowing where to park their money to generate wealth over the long run. As we move headlong into 2021, the following three Dow stocks stand out as screaming buys.
In a year that saw cloud-based software-as-a-service (SaaS) stocks skyrocket into the stratosphere, one brand-name company still offers incredible value: salesforce.com (NYSE:CRM).