5 Best Stocks to Invest in 2021 For Long-Term Profits

In this article we discuss the 5 best stocks to invest in 2021 for long-term profits. If you want to read our detailed analysis of these stocks, go directly to 10 Best Stocks to Invest in 2021 For Long-Term Profits.

5. Bilibili Inc. (NASDAQ: BILI)

Number of Hedge Fund Holders: 46

Bilibili is one of the best Chinese internet stocks to buy now. The company offers a video sharing platform in which users can overlay their videos with animation, cartoons and music. The company’s monthly active users are estimated to cross 400 million by 2023. Over 80% of its user base is aged under 35. Currently, it has over 54 million daily active users.

A total of 46 hedge funds tracked by Insider Monkey were bullish BILI at the end of the fourth quarter, up from 37 funds a quarter earlier.

In one of its investor letters, Tao Value highlighted a few stocks and Bilibili Inc. (NASDAQ:BILI) is one of them. Here is what Tao Value said:

“Bilibili (ticker: BILI) similarly reported a blast Q3 2020. Bilibili reached average MAU of 197m with high 7.6% pay ratio, showing strong user growth and high engagement. Additionally, the high margin advertisement segment showed exceptionally strong trend, growing 126% yoy. Though surprising to many, I think it is a natural outcome of building an ever-more valuable user generated contents platform. If it is not by ads, I believe these values created by Bilibili will accrue to it in other ways. One interesting data point is that management mentioned the average age of new cohorts are still around 20, indicating it is still in its early stage of a long growth runway. I am happy to see this position played out like how I envisioned in original thesis and will be excited to continue to follow its progress.”