Kiplinger

James Glassman's Top Stock Picks for 2020

My annual stock choices beat Standard & Poor's 500-stock index for the fourth year in a row in 2019, and the margin was pretty spectacular, if I do say so myself. For the 12 months ending October 31, 2019, my picks returned, on average, 30.0%, compared with 14.3% for the S&P. But as I reminded readers last year, don't get too excited about my forecasting ability. No one beats the market consistently.

Since 1993, I have drawn nine selections for the year ahead from experts and added a choice of my own. The big winner for 2019, returning 112.1%, was Coupa Software (symbol ), which connects businesses with suppliers. It was the choice of Terry Tillman, an analyst with a golden touch at . His picks on my list have beaten the S&P for eight years in a row. Among his recent recommendations, I like Okta (, whose software verifies and manages the identity of people seeking online access to company websites--a valuable corporate defense against hacking. Okta went public in 2017 and now has a market value of $13 billion. The company still hasn't turned a profit, but revenues are soaring.

Sie lesen eine Vorschau. Registrieren Sie sich, um mehr zu lesen.

Mehr von Kiplinger

Kiplinger2 min gelesen
When Is Amazon Prime Day 2020?
Bargain hunters know Amazon Prime Day, when online shopping behemoth Amazon.com rolls out a bevy of deals on all manner of merchandise, is typically in July, but there's nothing typical about 2020. And to that point, Amazon Prime Day will not be in J
Kiplinger7 min gelesen
11 Best Things to Keep in a Safe Deposit Box
As digital records and cloud storage become the norm, the stodgy safe deposit box is under threat to join our growing list of things that will soon disappear forever. But don't rush to declare the safe deposit box a relic of the past just yet. You st
Kiplinger3 min gelesen
Keep a Delicate Balance With Foreign Stocks
Investing in foreign stocks may not be as precarious as walking a tightrope, but lately, it hasn't been a cakewalk, either. For more than a decade, international shares have trailed U.S. stocks. Then came the pandemic sell-off. From peak to trough, t