Most traders deduced that 2022 will be the year for most stocks to recover from the post covid 19 crash. However, the opposite was the case. In January, so many stocks had a major bearish tee.d which led to great depths in the stock market. However, this trading environment has been favorable for commodities stocks, it has been the case for technology stocks. Notwithstanding there are still several good stocks with profit potential. In this article, we will focus on analyzing what stocks to invest in 2022.
Alphabet Inc. (GOOG, GOOGL)
This 2022 has propelled Alphabet, as one of the most valuable trillion-dollar stocks, trading at the same price-earnings ratio as the S&P 500. Alphabet is one of the best trading stocks at the moment. Alphabet Inc. is a holding company that oversees the performance of Google services. These services include products and services like ads, Youtube, Netflix, Chrome, Google Maps, etc. The most notable increase was Youtube which generated a revenue of $8.6 billion in the last three months in 2021. Netflix also released its revenue earning in the last three months in 2021, they made a profit of $7.7. This stock is currently down at $2,629.25, but analysts have predicted it a good buy, because of its long-term profit potential.
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Medifast Inc. (MED)
Medifast Inc. Is a weight-loss company that was established in 1981 by William Vitale. The company Is headquartered in Baltimore, MD. At the end of 2021, the company started a bullish trend, after being bearish for a while. However, at the beginning of January 2022, the stock recorded a little decline in value. The stock is a well-performing stock, records 14% earnings, with a market cap of 2.015B. Medifast pays a 3% dividend, while still having market growth.
ASML Holding NV (ASML)
This stock is a top Dutch technology stock, ASML is a monopoly. However, monopolies still get affected by the market’s bearish sentiments. This can be shown by the poor year-to-date performance of the stock. Nevertheless, the company seems to be making headway. Analysts have predicted that the stock will generate 20% growth in 2022. This is because of the market headways being made by the company. ASML is currently trading at $600 with a market cap of 247.246B. This stock is one of the best stocks to invest in.
EOG Resources INC. (EOG)
The beginning of 2022, has ushered in a big rise in inflation in the economy. From January 2021 to January 2022, the consumer price index has increased by 7.5% due to the rise of inflation in the economy. This rise in inflation is driven by the post-pandemic effect. EOG Resources is a United States-based company that deals in the production of oil and natural gas. This stock was picked as one of the best stocks to invest in because of increasing commodities prices. These are some of the stocks that are favored by an increase in inflation. Additionally, the current ongoing war between Russia and Ukraine has resulted in the U.S sanctioning The Russian government. This might result in geopolitical unrest, however, it will affect the price of EOG positively.
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Lowe’s Cos. Inc. (LOW)
LOW is a good-performing stock with a current market cap of $151.34B. The stock is a high-interest stock to buy at the moment. It has long-term profit potential. However, the company is Nate’s half of its rivals’ income which is a good thing, because it means there is still room for improvement and the stock will greatly appreciate over time. LOW is currently trading at $223.00z with an average trading volume of 3.75M.
Upstart Holdings Inc. (UPST)
UPST is a high-yield growth stock. This stock has been on a bearish trend toll the middle of February. This stock is one of the highly unpredictable stocks in this group. The quarter results of UPST propelled the stock to an increase of more than 35% in a day. At the beginning of this year, the stock suffered a major decline in the markets. However, all that changes after the company announced its fourth-quarter earnings recording an increase of 252%. The stock is currently trading at $112.70, with a market cap of $112.70. The stock is a good performance stock with a high yield performance.
