Since 2022 gets predicted to be a breakthrough year for the economy as it slowly recovers from a disastrous 2020, growth rates are effective than usual. Risks such as US-China tensions, cyber warfare, and widespread societal unrest should get carefully considered by investors keen to invest in these securities.
Here’s the complete guide to the stocks you should buy before 2022. Let’s get into it!!
- Thermo Fisher Scientific Inc. (NYSE: TMO)
Thermo Fisher Scientific Inc. sells analytical instruments, specialty diagnostics, and laboratory supplies (NYSE: TMO). The company has a growing biopharma sector, which to grow revenue in the coming months of the PPD acquisition. Customers praised the company’s recent construction of a biologics manufacturing plant in Switzerland and the introduction of new versions of mass spectrometry and chromatography solutions.
- Airbnb, Inc. (NASDAQ: ABNB)
Going into the new year, Airbnb, Inc. (NASDAQ: ABNB) has several growth drivers. Improved travel demand for 2022, a jump in vacation travel towards the end of 2021 when limitations are relaxed, and market-beating profit figures revealed in early November have contributed to a 12 percent increase in the stock price in the last week. The stock’s price target has recently get lifted by Trust, DA Davidson, Wells Fargo, and Loop Capital.
- Coupa Software Incorporated (NASDAQ: COUP)
Coupa Software Incorporated (NASDAQ: COUP) is a cloud-based platform for company expenditure management that it owns and operates. The company recently raised its earnings projection and beat market estimates for the second fiscal quarter. It surpassed estimates by 30%, and demand patterns are improving for the corporation. Needham kept its Buy rating on the company and raised its price target to $315 from $280 in September.
Lone Pine Capital, a Connecticut-based investment firm, is the largest shareholder in Coupa Software Incorporated (NASDAQ: COUP), with 4.6 million shares valued at over $1.2 billion.
- Corning Incorporated (NYSE: GLW)
Corning Integrated manufactures displays systems, photonic devices, ecological solutions, and specialty substances (NYSE: GLW). Corning has launched a $150 million investment in optical transmission construction in North Carolina as long-term partners with AT&T. Increase in government expenditure on communications networks as part of the United States Jobs Plan will also help the shares.
Corning Incorporated (NYSE: GLW) stock got recently introduced with a Buy rating and a $45 price target by Deutsche Bank analyst Matthew Niknam, who noted that the company’s “differentiated and high-quality goods” were becoming part of everyday life.
Arrowstreet Capital, a Boston-based investment firm, is a shareholder in Corning Incorporated (NYSE: GLW) with 5.1 million shares worth more than $209 million, according to Insider Monkey.
- Hologic, Inc. (NASDAQ: HOLX)
Hologic, Inc. (NASDAQ: HOLX) is a medical device company. Based on record revenues in 2020 and 2021, the company, which also makes and sells COVID-19 testing kits, has made sensible investments. These purchases, according to Evercore ISI analyst Vijay Kumar’s upbeat assessment of the stock, are expected to result in a sustainable growth profile in the coming months and have been well accepted by the market.
- Zscaler, Inc. (NASDAQ: ZS)
Zscaler, Inc. (NASDAQ: ZS) is a cybersecurity company based in California. Thanks to the company’s solutions, users, servers, and Internet of Things devices can all have secure access to externally managed apps. Because internet-related businesses are growing, cybersecurity has become a prominent topic in the industry, especially in light of recent hacking and data privacy concerns. Zscaler appears to be poised to benefit from industry spending in the future years.
Zscaler, Inc. (NASDAQ: ZS) recently announced security solutions and services collaborations with Siemens and TD SYNNEX. With Buy and Outperform recommendations, BTIG and KGI Securities are both optimistic about the company.
- Sabre Corporation (NASDAQ: SABR)
Sabre Corporation (NASDAQ: SABR) is a travel technology solution. Even if the travel economy has improved as immunizations allow countries throughout to resume service, it is still a far way from pre-pandemic levels. Pent-up demand might culminate in a mini-boom in 2022, with some countries only opening international travel in time for the holiday season, and companies like Sabre could be among the first to benefit.
Sabre Corporation (NASDAQ: SABR) is making for the months ahead. The Retail Intelligence package, a collection of technologies for dynamic airfare and ancillary pricing, was recently announced. It would help corporate clients adjust to changing market conditions.
- Akamai Technologies, Inc. (NASDAQ: AKAM)
Content and business application cloud services get provided by Akamai Technologies, Inc. (NASDAQ: AKAM). Despite being one of many cloud companies with growth prospects, the company has just begun marketing a cloud security system that has received a lot of positive feedback from the industry, allowing it to stand apart from competitors. Security technology sales climbed 26 percent year over year to $335 million, against overall revenue of $860 million, according to the company’s third-quarter financial report released earlier this month.
- Telefonaktiebolaget LM Ericsson (publ) (NASDAQ: ERIC)
The Swedish Telefonaktiebolaget LM Ericsson (publ) (NASDAQ: ERIC) sells communications infrastructure. One of the leading providers of 5G infrastructure is the company. Ericsson might be one of the beneficiaries of future government contracts to increase 5G connectivity in the US as the US government prepares for a communications infrastructure revamp, especially given US distrust of Chinese firms in this area.
On October 8, investment bank Barclays reiterated its Overweight rating on Telefonaktiebolaget LM Ericsson (publ) (NASDAQ: ERIC) and boosted the price objective to SEK150 from SEK145. At the end of the second quarter of 2021, 19 hedge funds in Insider Monkey’s database held positions in Telefonaktiebolaget LM Ericsson (publ) (NASDAQ: ERIC) worth $228 million, down from $317 million the previous quarter.
- Sarcos Technology and Robotics Corporation (NASDAQ: STRC)
Sarcos Technology and Robotics Corporation (NASDAQ: STRC) sells military and industrial robotics and microelectromechanical systems. Despite its tiny size, the company has already been awarded a contract by the US Navy for the Guardian DX teleoperated dexterous robotic system. The United States Navy has exercised a contractual option to increase the testing and demonstration. The technology is groundbreaking because it can execute human-like activities in situations, even at great heights.
Conclusion
These got chosen based on expected growth catalysts, company fundamentals, and analyst ratings. Hedge fund sentiment is a crucial signal that investors should pay attention to, in our opinion.
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