If you’ve read any financial news lately, you know that the stock market has been volatile. Over the past few years, the market has experienced ups and downs with few opportunities for investors to put their money to work in a risk-averse way. But as adages go, “a rising tide lifts all boats” and “bulls make markets go up and bears make markets go down.” So what does this mean for investors looking to invest in stocks? First, plenty of great companies are still there with solid long-term prospects. Amazon stock forecast today is $3,680, Tesla stock forecast today is $976.82, and PayPal stock forecast today is $124.27.
However, it may take more digging than usual to find them. And depending on your investing timeline and risk profile, not all stocks will be suitable for your portfolio right now. This article covers our top best stocks to buy now in 2022. These firms offer significant competitive advantages, innovative new goods or services, and long-term development prospects in their respective sectors.
ServiceNow (NYSE: NOW)
ServiceNow is another attractive stock to pick up right now (NYSE: NOW). The company offers IT services and tools for cloud-based IT operations. For businesses, it provides insight and management of the whole technological landscape via its Software-as-a-Service platform. Due to increasing demand for its products and greater concentration on its core businesses, ServiceNow’s revenue and profits per share have grown steadily over the last several years. In the fiscal fourth quarter, ServiceNow saw significant growth in sales and profits per share.. The company’s success is largely due to its dedication to its core goods and consumers. ServiceNow has seen a rise in revenue and an improvement in profit margins as a result of this successful approach. It’s a wonderful time to purchase equities since ServiceNow is doing incredibly well and the stock is expected to rise much more in the near future.
Anheuser-Busch InBev (NYSE: BUD)
We recommend Anheuser-Busch InBev’s latest stock (NYSE: BUD). This beverage company is engaged in the production and distribution of beer. AB InBev has been growing its revenue and earnings per share for a few years due to its strong demand for its products and increased focus on its core products. Revenue and profits per share at AB InBev, the world’s largest brewer, increased significantly in the fiscal third quarter. As the demand for beer grows across the globe, so does the company’s ability to concentrate on its core goods. AB InBev’s sales and profit margins have improved as a result of this approach. Because Budweiser and Bud Light are two of the most popular beers in the world, long-term investors who want to hang on to their shares for at least a year may consider purchasing AB InBev.
Robert Half(NYSE: RHI)
Last but not least is Robert Half(NYSE: RHI). This company is a provider of professional employment services and business solutions. It offers accounting, technology, office support, and creative services. For the last several years, Robert Half has seen a growth in its revenue and profits per share as a result of an enhanced emphasis on its core goods and the high demand for its services. Robert Half recently reported its fiscal fourth-quarter earnings, seeing a sizable increase in its revenue and earnings per share. The company’s success has been driven by the continued demand for professional services in North America and the company’s focus on its core products. That is an excellent strategy since it has allowed Robert Half to increase its revenue and improve its profit margins. If you’re looking to buy stocks now, this could be a great buy since Robert Half is performing exceptionally well, and the stock is likely to go even higher shortly.
Idexx Laboratories(NASDAQ: IDXX)
IDXX is a medical equipment manufacturer that serves both veterinarians and human doctors. Since it was founded as an incubator in 1997, it has been steadily growing and recently reported that its sales in the first quarter of 2019 increased by 22% compared to the same period last year. In addition to its growing sales, the company is also expanding by buying smaller businesses. It recently acquired VetExpress, an online veterinarian supply store, and is also in the process of buying VetsFirst, which is another online veterinarian supply company. If all goes according to plan, the company’s acquisition of these smaller businesses will help it increase its market share in the growing veterinary healthcare industry, which is expected to reach $86 billion by 2021. While IDXX stock recently saw a spike in value due to a slight increase in the purchase price of specific dog and cat vaccines, this jump isn’t expected to affect its business in a significant way. That is good news for investors, as the price increase is short-term and is likely due to an isolated issue that can be resolved.
Investing in stocks can be a great way to build wealth over the long term. However, this can only happen if you select the right stocks. Finally, our list of top stocks to invest in in 2022 comes in. These companies have substantial competitive advantages, innovative new products or services, and long-term growth potential in their respective industries. This article covers our top stocks to invest in in 2022. These companies have substantial competitive advantages, innovative new products or services, and long-term growth potential in their respective industries.