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Jumia Stock Is a Star This Year and Will Shine Again in 2021

Jumia Stock Is a Star This Year and Will Shine Again in 2021 InvestorPlace 12/22/2020 There aren’t too many hot stocks coming out of Nigeria, so Jumia (NYSE: JMIA) is quite the pleasant surprise. Year to date, Jumia stock is up 570% which is 2.5 times more than Shopify (NYSE: Amazon (NASDAQ: AMZN). It’s very impressive for a low-profile name like this to beat the biggest gorillas in the sector. It gains instant recognition in my book as a legitimate contender stock to trade into next year. © Provided by InvestorPlace Jumia (JMIA) banner at the New York Stock Exchange The equity markets this year are on fire, against all logic. On paper the indices should be struggling, but instead they won’t stop setting records.

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