5 Best Stocks You Must Buy in 2022
Stocks, sometimes referred to as equities, indicate partial shareholding in a corporation, and the stock market is a marketplace for investors to buy and sell such available investment assets. The stock market is made up of a network of exchanges, such as the New York Stock Exchange (NYSE), the Nasdaq, etc. Acquiring a stock is simple, but acquiring the appropriate stock without a solid plan is extremely difficult.
5 Best Stocks You Must Buy in 2022
In this article, I am going to share my knowledge on my personally recommended best 5 stocks you must buy in 2022. So, let’s deep dive into the ocean of the stock exchange market.
1. Apple Inc. (AAPL)
Apple Inc. is a multinational corporation that designs, produces, and sells smartphones, laptops, tablets, gadgets, and accessories. In August 2018, Apple was the first public marketed US corporation to be valued at more than $1 trillion, followed by $2 trillion in August 2020 and $3 trillion in January 2022. The fact that Apple stocks outperformed most other stocks, particularly technologies, during the market downturn is a crucial factor in its favor. On the heels of robust iPhone 13 sales, the stock has achieved new highs, and there is more to come.
Over the last three quarters, Apple’s EPS has increased by an average of 65%. Earnings are expected to rise 10% in fiscal 2022 and 7% in fiscal 2023, according to analysts. Investors will be looking for further substantial gains from CEO Tim Cook. Revenue from Apple’s services such as App Store, AppleCare, iCloud, Apple Pay, Apple Music, Apple TV+, Apple Arcade, etc. increased 26% over last year to $18.3 billion in the September quarter.
- 52-Week Price Range: $122.25 – $182.94
- Current Price: $168.67
- Market Cap: $2.729 Trillion
- Dividend: $0.22
2. Twitter Inc. (TWTR)
Twitter, Inc. is a real-time social media network that allows anyone to express themselves. The company provides Twitter, a content consumption, creation, distribution, and discovery platform. Twitter has a market capitalization of $35.67 billion as of April 2022. It is now the world’s 515th most valuable corporation by market capitalization.
Elon Musk’s offer to purchase Twitter Inc. has sparked a run on the stock and options of the company. Tesla Inc. CEO Elon Musk purchased a stake in Twitter and indicated that he wanted to acquire it in a $43 billion deal. The stock rose 27 % in a single session after Musk declared his investment, which was trading below $40 before. Since then, Twitter’s stock has bounced significantly, including a 7.5 % gain on Monday. Although they fell 4.7 percent to $46.16 on Tuesday, they are still on course for their highest month since February 2021.
- 52-Week Price Range: $31.30 – $73.34
- Current Price: $46.72
- Market Cap: $35.67 Billion
- Dividend: $0
3. JP Morgan Chase & Co. (JPM)
JPMorgan Chase & Co. is a global financial services corporation. Consumer & Community Banking (CCB), Corporate & Investment Banking (CIB), Commercial Banking (CB), and Asset & Wealth Management (AWM) are its four segments. It is based in New York, New York, and was founded in 1799. On a scale of 1 to 99, JPMorgan has a 30 Composite Rating, with 99 being the highest. It has an EPS rating of 60.
CompaniesMarketCap estimates that JPMorgan is worth $386.46 billion. Its business is to provide Wall Street and Main Street with a one-stop financial store. In the last three months, analysts have offered JPM 12-month price estimates. With a high of $200 and a low of $120, the average price objective is $159.6.
- 52-Week Price Range: $125.02 – $172.96
- Current Price: $131.58
- Market Cap: $386.46 Billion
- Dividend: $4
4. Uber Technologies Inc. (UBER)
Uber is a technology platform that allows people and things to move around. The company provides ride services as well as merchant delivery services for food delivery, grocery items, and other services. Ubercab, Inc. was the company’s previous name until February 2011, when it was renamed Uber Technologies, Inc. Uber Technologies, Inc. is based in San Francisco, California, and was formed in 2009.
With a valuation of $82 billion, Uber’s initial public offering (IPO) in May 2019 was one of the largest tech IPOs ever. Since then, the closely followed stock has taken shareholders on a wild rollercoaster. It has a market capitalization of $64.92 billion as of April 2022. It is now the world’s 246th most valuable corporation by market capitalization.
- 52-Week Price Range: $28.28 – $59.22
- Current Price: $34.03
- Market Cap: $64.92 Billion
- Dividend: $0
5. AMC Entertainment Holdings, Inc. (AMC)
AMC Entertainment Holdings, Inc. operates a theatrical exhibition business through its subsidiaries. In the United States and Europe, the corporation owns, runs, or has interests in theaters. It had roughly 950 theaters and 10,600 screens as of March 1, 2022. The company’s headquarters are in Leawood, Kansas, where it was formed in 1920.
AMC Entertainment has a market capitalization of $8.90 billion as of April 2022. AMC Entertainment is now the world’s 1650th most powerful corporation by market capitalization. On June 02, 2021, the closing price of its stock reached an all-time high of 62.55. The 52-week high stock price for it is 72.62, which is 288.8 % more than the present share value.
- 52-Week Price Range: $8.93 – $72.62
- Current Price: $17.34
- Market Cap: $8.90 Billion
- Dividend: $0
The above-mentioned stocks are the 5 best stocks you must buy in 2022 to gain maximum benefit and revenue. You can check out more informational blog posts like this on 456LifeStyles.