This can be a yr of innovation. The highest shares to purchase in 2021 will replicate that and can signify big progress alternatives for buyers. Assume the following technology of electrical automobiles (EVs). Alternate vitality performs. Area journey. Authorized hashish. Fintech disruptors. These themes accelerated in 2020 and can propel profitable shares increased this yr. Acknowledging the entire change the novel coronavirus pandemic drove in latest months, Seismic Capital Firm President Eric White is these rising themes to choose shares. He informed InvestorPlace that as a brand new regular solidifies, new alternatives will emerge within the inventory market. “My recommendation could be to proceed to observe the latest progress sectors, however side-step those which were rising solely due to the pandemic, because it received’t final ceaselessly. Additionally, you should definitely have a look at ‘inexperienced firms’ as progress continues on this sector in each the U.S. and worldwide. … [T]he new Biden administration will probably be pushing for infrastructure laws, and lots of the funds could be allotted to additional various vitality manufacturing and different pro-environmental insurance policies that may assist these associated companies.”InvestorPlace – Inventory Market Information, Inventory Recommendation & Buying and selling Suggestions Contemplating these traits, nonetheless, buyers do face one massive problem. Seemingly each day a brand new preliminary public providing (IPO) or particular function acquisition firm (SPAC) inventory advertises itself as an enormous progress alternative in a scorching area. How do you kind by means of the noise and discover the true winners? As you do your personal analysis, White recommends mapping out the massive image for every firm. “For basic buyers, my recommendation is to additionally have a look at trade comps and ensure to concentrate to how the corporate will maintain progress reasonably than simply how quickly an organization is rising. Additionally, you should definitely monitor the overall marketplace for the corporate you’re focused on, in addition to their rivals, and their traction inside the area.” 7 Nice Sub-$20 Shares to Purchase After Inauguration Day With that in thoughts, InvestorPlace has rounded up 5 high shares to purchase in 2021 for rapid-fire progress. Every firm on this checklist represents a sustainable, long-term progress development: Nio (NYSE:NIO) Stem (NYSE:STPK) Affirm (NASDAQ:AFRM) Canoo (NASDAQ:GOEV) Momentus (NASDAQ:SRAC) Shares to Purchase in 2021: Nio (NIO) Supply: Sundry Images / Shutterstock.com There isn’t any denying that Chinese language electrical automobile maker Nio has already come far. Shares began 2020 under $5 and now commerce for practically $60. The corporate has blown previous issues it will run out of money, rising as an revolutionary and fast-growing EV chief. So the place does the corporate go subsequent? As one of many high shares to purchase for 2021, many analysts are beginning to elevate their worth targets. JPMorgan analyst Nick Lai simply raised his worth goal to $75, whereas Credit score Suisse analyst Bin Wang raised his to $71. Nonetheless, InvestorPlace analyst Luke Lango sees rather more upside forward for NIO inventory, even to $150. That’s as a result of the corporate continues to ship on its guarantees and chart a growth-filled course. The truth is, Nio kicked off the yr with daring plans. It unveiled its first all-electric sedan, giving it additional leverage in its battle towards Tesla (NASDAQ:TSLA). Not solely is that this sedan a good way to focus on one other area of interest of the passenger market, it additionally comes with brand-new autonomous automobile tech. Buyers ought to see the brand new ET7 as a milestone for Nio with battery, AV and automobile design developments. Now, Nio simply wants one catalyst to convey that $150 worth goal into the highlight. CEO William Li has beforehand talked about plans to increase exterior of China. Over the summer time, he recognized Europe as the following goal market. Speak of growth has grown chilly since then, however bulls are nonetheless assured. The corporate lately began promoting for job openings in Oslo, Norway. If we obtain extra affirmation of these plans in 2021, rapid-fire progress will probably be on the way in which. Stem (STPK) Supply: Shutterstock Stem is probably not a family title, however specialists are assured it’s about to rework the renewable vitality panorama. The truth is, iconic Citron Analysis mentioned it’s the most enjoyable alt-energy play since Tesla. That’s excessive reward and speaks to why STPK is without doubt one of the high shares to purchase in 2021. For unfamiliar buyers, Stem is an vitality storage play presently buying and selling by means of blank-check firm Star Peak Power Transition. When the deal closes, probably this quarter, it would begin buying and selling below the ticker STEM. So, what does Citron like about STPK inventory? The corporate is without doubt one of the final pure performs on vitality storage to return public. Plus, it already has an edge towards rivals. Stem makes a speciality of behind-the-meter storage, which suggests it offers on-site storage choices. The corporate began on its progress path by proudly owning the batteries, software program, contracts and providers for these on-site storage choices. Nonetheless, as the corporate comes public, it’s shifting into the front-of-meter market. To do that, it’s more and more counting on its Athena platform, a software program providing that blends synthetic intelligence (AI) with vitality storage. Athena primarily permits prospects to optimize vitality use and minimize prices. That’s the place Citron actually sees potential. In a latest be aware, the agency mentioned that Stem is a pacesetter within the AI-driven vitality storage market and “couldn’t be higher positioned.” And maybe most significantly, it appears that evidently vitality storage will probably be key as President Joe Biden targets $2 trillion in clear vitality infrastructure investments. 7 Shares To Purchase As The Biden Presidency Begins Seeking to the long run, Stem will provide rapid-fire progress if it will probably lean into this front-of-meter shift. Buyers must also be aware that the corporate is wanting to make use of its SPAC merger proceeds to fund growth into Europe, Japan and Canada. Affirm (AFRM) Supply: Piotr Swat / Shutterstock.com One of many high themes Seismic Capital President Eric White recognized for 2021 is fintech and it’s simple to see why. Fintech shares have prevailed in latest months, persevering with their disruption of conventional monetary establishments. PayPal (NASDAQ:PYPL) and its friends are beginning to embrace cryptocurrencies. These firms additionally led the way in which with direct funds and small enterprise loans as a part of the CARES Act. And this disruption will solely proceed as names like SoFi and Payoneer come public. Nonetheless, one phase of the fintech market is especially attention-grabbing proper now. Purchase now, pay later (BNPL) companies signify a brand new period of retail and up to date IPO Affirm stands out in that class. Basically, BNPL firms are the following technology of fee installment options. Not too certain about dropping $100 on a web based buy? What about 4 interest-free funds of $25? Affirm says it encourages prospects to purchase extra, supporting the retailers it companions with. This has been notably true amid Covid-19, particularly as extra retailers depend on e-commerce fashions. Present Affirm companions embody Shopify (NYSE:SHOP), Peloton (NASDAQ:PTON) and Walmart (NYSE:WMT). In accordance with CEO Max Levchin, a former PayPal government, demand for its options quadrupled within the first months of the pandemic. If that progress can proceed, it would definitely be one of many high shares to purchase in 2021. So, what ought to fintech-hungry buyers be on the lookout for? As InvestorPlace Market Analyst Tom Yeung wrote, Affirm appears like a inventory to immediately add to cart. If the corporate can keep away from conventional moneylending dangers, it has an enormous progress runway. Search for it so as to add new prospects in addition to for its present prospects to develop as e-commerce blossoms. Canoo (GOEV) Supply: Shutterstock Nio just isn’t the one electrical automobile inventory promising massive progress this yr. On the opposite aspect of the world, startup Canoo appears prepared to rework transportation as we all know it and will probably be one of the vital compelling shares to purchase in 2021. Canoo desires to alter the way in which vehicles look in addition to the way in which we purchase them. It began on this path by rolling out plans for its flagship passenger automobile. The corporate rethinks what customers need, creating more room for riders and including absolutely customizable options. As a substitute of providing its Canoo at a set worth, it touts a subscription mannequin. Designed to decrease the general price of car possession and get on the coronary heart of the younger, city-living driver, the corporate thinks it will probably money in on rising transportation traits. Importantly, Canoo can be differentiating itself by shifting into a special area of interest of the EV market. Proper because it began buying and selling, the corporate revealed plans for a last-mile supply automobile. The multi-purpose supply automobile (MPDV) has the identical futuristic look. It additionally guarantees to maximise cargo capability whereas decreasing prices for patrons. So, the place is the expansion for GOEV inventory? In accordance its personal executives, the MPDV faucets big EV potential with its concentrate on each last-mile supply fleets and unbiased contractors. Plus, as competitors within the passenger EV area heats up, the MPDV permits Canoo to soar by itself phrases. Proper now, the corporate must convey these automobiles to life and in the end show what it’s able to. If it will probably try this, GOEV inventory may quickly hit the consensus $30 worth goal, which suggests greater than 70% upside. The 7 Greatest Shares To Purchase In The Dow Jones At the moment There may be additionally another path for progress right here. Earlier this month, we discovered that Apple (NASDAQ:AAPL) was in talks with Canoo, both to accumulate it or make an funding. These talks fell aside, however they signify critical potential. Constructing on that curiosity and attracting new big-name companions could be a game-changer for GOEV inventory this yr. Momentus (SRAC) Supply: Alones / Shutterstock.com Some of the attention-grabbing themes to look at in 2021 could be area. That’s as a result of Ark Make investments simply introduced a brand new exchange-traded fund (ETF) centered on all issues area — and buyers are paying shut consideration. Quickly to commerce below the ticker ARKX, the fund guarantees to convey the up-and-coming area financial system to the mainstream. In accordance with Luke Lango, we’re embarking on a brand new age that may see firms commercialize area like by no means earlier than. As they achieve this, this area financial system will develop to almost $2 trillion in 2040, up 400% from right now. Backing from Ark and its founder Cathie Wooden, in addition to analysts like Adam Jonas from Morgan Stanley, ensures that this revolutionary sector will proceed to warmth up. Proper now, buyers can entry pure performs like Virgin Galactic (NYSE:SPCE) and Maxar Applied sciences (NYSE:MAXR). Nonetheless, there may be one lesser-known play that stands out as a inventory to purchase. That firm is Momentus, which is presently buying and selling by means of Secure Street Acquisition below the ticker SRAC. Momentus says it’s the first firm providing the infrastructure that may permit people to flourish in area. These infrastructure providers embody last-mile satellite tv for pc and cargo supply, payload internet hosting and in-orbit servicing. In different phrases, Momentus desires to create space missions as simple as doable. By means of a satellite-as-a-service enterprise mannequin, or what some name an area tow truck service, SRAC inventory guarantees to capitalize on the rising area financial system and be top-of-the-line shares to purchase in 2021. Plus, it appears like an awfully good match for that ARKX ETF. On the date of publication, Sarah Smith didn’t have (both immediately or not directly) any positions within the securities talked about on this article. Sarah Smith is a Net Content material Producer for InvestorPlace.com. Extra From InvestorPlace Why Everybody Is Investing in 5G All WRONG Prime Inventory Picker Reveals His Subsequent 1,000% Winner It doesn’t matter if in case you have $500 in financial savings or $5 million. Do that now. The submit 5 Shares to Purchase in 2021 for Fast-Hearth Progress appeared first on InvestorPlace.