The stock market is unpredictable, and no one knows better than analysts. According to the job site Indeed, demand for equity research analysts has surged in recent years. Even amid an extended bull market, the competition for entry-level analyst roles continues to intensify. In other words, becoming a stock analyst is getting more difficult. But there are also a lot of opportunities for those willing to put in the work to stand out from the crowd. Amazon stock forecast today is $3,680, Tesla stock forecast today is $976.82, and PayPal stock forecast today is $124.27.
A great stock analyst can help investors avoid losing money on risky investments or uncover new opportunities before becoming famous. The best analysts can identify stocks with strong potential growth and solid foundations based on a detailed analysis of financial statements and industry trends. Analysts who can do this consistently tend to have successful careers and portfolios. Here are five stocks that analysts recommend investing best stocks to buy now in by 2022:
Sherwin-Williams (NYSE: SHW)
Sherwin-Williams Company is engaged in the manufacture and sale of paints and painting and coatings materials and the sale of architectural and decorative materials and other paint-related products. The company’s brands include Sherwin-Williams, Paint Stores, and Sherman Williams. Sherwin-Williams has a market cap of $35.19 billion and is headquartered in Ohio. Investors can expect this company to see continued growth because of its firm brand name. Brands are increasingly important in consumer markets, and Sherwin-Williams has done an excellent job growing its brand while building an extensive network of paint stores.
Jack Henry & Associates, Inc.(NASDAQ: JKHY)
Jack Henry & Associates, Inc. provides information technology (IT) services. The company’s services include:
- The development and implementation of customer-facing solutions that feature real-time decisioning capabilities.
- The design and implementation of IT-enabled business processes.
- The story, integration, and management of large-scale IT systems and data architectures.
Jack Henry & Associates, Inc. has a market cap of $7.25 billion and is headquartered in Illinois. Investors can expect this company to see continued growth because of the increasing importance of data analytics for many business processes. While many businesses are looking at how data can improve their operations, Jack Henry has been a leader in this field for years.
PayPal Holdings (NASDAQ: PYPL)
PayPal Holdings, Inc. and its subsidiaries provide online payment and money transfer services to consumers and merchants worldwide. It offers PayPal, an online payments service that enables users to send and receive money online and at merchants through a mobile device or computer; Venmo, a digital wallet that allows users to send money for free; and X Payments, a software product for omnichannel retailers. The company also offers PayPal Credit, which provides financing to consumers at the point of sale or online, and a merchant services product that provides online and mobile payment solutions. PayPal Holdings, Inc. has a market cap of $88.07 billion and is headquartered in San Jose, CA. In 2022, investors will likely see continued growth in this company as it continues to roll out new product offerings. PayPal has done an excellent job of differentiating itself in the online payments space. That gives it a leg up in the market and sets the stage for continued growth.
Atlassian (NASDAQ: TEAM)
Atlassian, Inc. (NASDAQ: TEAM) provides collaboration and software development products online. The company’s products include issue tracking, project management, and developer tools, including collaboration, code management, bug tracking, release management, and decentralized tool options. It also provides Jira Service Desk, a cloud-based service desk management tool, and OnDemand, a software-as-a-service platform. Atlassian, Inc. has a market cap of $24.60 billion and is headquartered in Sydney, Australia. Atlassian is likely to see continued growth because it has done an excellent job diversifying its product offerings beyond its original core of code collaboration tools. In addition, the company’s other products, including a service desk and software-as-a-service platform, are crucial to many organizations.
Final Words
As you can see, analysts expect many different types of companies to grow and become more profitable in the coming years. Even though the economy is expected to grow more slowly in 2022 than in recent years, these companies are poised to see growth as long as they can keep costs under control and provide their customers with the products and services they want. Investors considering any of these stocks should also be sure to do their due diligence before deciding.
