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JPI AI Analyst AI assistant Β· JPI Invest
Answers based on the tool's data Β· not financial advice Β· full analysis (free)
Portfolios by year β€Ί 2020

The 20 best stocks of 2020 according to reliable analysts

3 JPI methods (Light / Fair / Risk +) Β· selected early January 2020, held 12 months Β· real return Β· S&P 500 Β· Updated 2026-08-28
In short β€” in early 2020, the 3 JPI methods (based on the most reliable analysts, β‰₯2 who beat their sector) would each have selected 20 S&P 500 stocks, held 12 months. Real results: 🟒 Light β€” Β· 🎯 Fair +10% Β· ⚑ Risk+ +11% β€” vs +16% for the S&P 500. Best selection (Fair): NFLX (Netflix) at +67%.

These stocks were not cherry-picked in hindsight: they are the ones the method would have selected using only info known by end of 2019 (price targets from reliable analysts in the prior ~90 days), then held unchanged for 12 months. A true point-in-time record.

🎯 JPI Fair +10% · vs S&P 500 +16% · -5.8 pts

#Stock12-month return
1NFLX Netflix+67%
2TSCO Tractor Supply+50%
3MU Micron Technology+40%
4EBAY eBay Inc.+39%
5DHI D. R. Horton+31%
6FFIV F5, Inc.+26%
7EXPE Expedia Group+22%
8GS Goldman Sachs+15%
9SCHW Charles Schwab Corporation+12%
10DD DuPont+11%
11PSA Public Storage+8%
12TXT Textron+8%
13YUM Yum! Brands+8%
14ELV Elevance Health+6%
15NRG NRG Energy-6%
16CME CME Group-9%
17GILD Gilead Sciences-10%
18AIG American International Group-26%
19BA Boeing-34%
20UAL United Airlines Holdings-51%

⚑ JPI Risk + +11% · vs S&P 500 +16% · -5.5 pts

#Stock12-month return
1PYPL PayPal+116%
2NFLX Netflix+67%
3BALL Ball Corporation+44%
4MU Micron Technology+40%
5EBAY eBay Inc.+39%
6LEN Lennar+37%
7EXPE Expedia Group+22%
8CMCSA Comcast+16%
9DLTR Dollar Tree+15%
10GS Goldman Sachs+15%
11DD DuPont+11%
12CI Cigna+2%
13NRG NRG Energy-6%
14IBM IBM-6%
15NOC Northrop Grumman-11%
16O Realty Income-16%
17BA Boeing-34%
18DVN Devon Energy-39%
19FANG Diamondback Energy-48%
20UAL United Airlines Holdings-51%

What if you'd kept following the method in 2021?

In short β€” not every year is positive: this is not a miracle method. 2020 shows it β€” the JPI Fair method returned +10%, worse than the S&P 500 (+16%). But the method replays every year: in 2021, the 20 newly recommended stocks returned +26%. Outcome if you kept going (accept 2020, then buy the 2021 picks): +39% over 2 years β€” vs +48% for the S&P 500.
YearJPI FairS&P 500
2020+10%+16%
2021+26%+27%
2-year cumulative (if you kept going)+39%+48%

πŸ’‘ The takeaway β€” you have to accept the average or down years and stay in the method (sell, rebuy the newly recommended names). Whoever panics after a bad year misses the rebound. Discipline > emotion.

πŸ’‘ Read it honestly: one good year proves nothing β€” the method also has down years (2018, 2022). The real judge is the 11-year backtest. Price returns, excluding dividends and fees. Not a buy recommendation.

πŸ“Š See the full 11-year backtest β†’   🎯 Stocks to buy today β†’

πŸ“… ← 2019 Β· All years Β· 2021 β†’

FAQ

What were the best stocks to buy in 2020?

Per the JPI Fair method (targets from the β‰₯2 most reliable analysts per sector), the 20 S&P 500 stocks selected in early 2020 returned +10.4% on average over 12 months, vs 16.2% for the index. The best was NFLX (Netflix) at +67%. See the full list above.

How were these 2020 stocks chosen?

With no hindsight: only from information known by end of 2019 (price targets from analysts with a real reliability track record on their sector), then held 12 months. A point-in-time backtest, not a hindsight pick.

Does this method actually work?

Over 11 years (2015-2025), the JPI Fair method returned +26%/yr vs +12.6% for the S&P 500 β€” double the market. But it's lumpy (drawdowns in 2018 and 2022) and risk-adjusted the edge is thinner. A quality signal, not a guarantee.

What is JPI Invest?

JPI Invest aggregates analyst recommendations across the entire S&P 500 (plus the S&P MidCap 400), replays them against real prices and measures who predicts best β€” on results, not reputation. Instead of taking a price target at face value, you see each analyst's track record on each stock.

Explore JPI Invest for free β†’ How it works: the method β†’

⚠️ Educational analysis, not investment advice. Point-in-time backtest on recomputed Yahoo data, universe = stocks still in the index (survivorship bias). Past performance does not predict the future.