Best Stocks To trade in 2022

Best Stocks To trade in 2022 : Amazon and Facebook’s owner Meta Platforms were named Best Internet Company of the Year 2022.

Despite this, both Meta and Amazon shares fell on Wednesday.

Evest follows market developments in the following report.

Topics:

Amazon and Meta stocks as the best trading stock for 2022

Great prospects for the Meta platform

Concerns about slowing growth of online retail

Amazon and Meta stocks as the best trading stock for 2022

Colin Sebastian, from Baird, chose Amazon and Meta as the best shares to trade for 2022, ignoring Google,
which was its top choice for 2021, as Google shares have risen 69% this year.

“As 2022 approaches, investors remain focused on short-term trends and structures and macroeconomic impacts,
rather than on long-term growth drivers,” Sebastian wrote in his note to clients.

“While companies with giant open markets and powerful engineering capabilities are preferred,
we also tend to consider combinations of growth trends and short margins.

Regarding meta, he said industry checks point to improved advertising performance and metrics on Facebook and Instagram.

As for meta, the same profession controls the goal of improving performance and metrics for ads on Facebook and Instagram.

Great prospects for the Meta platform

“We believe there is still room for stock to outperform in 2022,” he said, with growing confidence in Meta’s overall platform and market share in online advertising.

Sebastian set the price of META 390 at .META share closed at 342.94, down 1%, in the stock market today.

Concerns about slowing growth of online retail

Regarding Amazon, Sebastian said, “Concerns about slowing online retail growth and declining margins have largely run their course.”

“But we believe sentiment will improve during 2022.”

Additionally, he said, “With companies rapidly shifting their technology spending from company overheads to cloud services,
we believe Amazon’s stronger performance is another potential catalyst over the course of the operation.”

Amazon’s stock price target was set at 4,000, and Amazon’s stock closed at 3,384.02, down 0.9 percent.

Best Stocks To trade in 2022

Related Topics