Investing in the stock market can be profitable for traders who fully understand how the market works. First, however, you must find a suitable stock broker that will fully support your activities to maximise your potential. This means that various factors must be considered when choosing a stock broker, including charges, demo account, research and learning tools, etc. Most importantly, traders need to learn how to analyse the markets on their own and identify the best stocks.
During 2020 and 2021, many businesses were thrown on a tailspin due to the coronavirus pandemic. The stock market was among the highly affected sectors due to lockdowns and travel restrictions. But, with extraordinary measures to curb the pandemic, 2022 looks promising for investors. In this regard, you need to fully prepare yourself to conquer the stock market. Luckily, we help you do that by recommending the top three stocks to invest in this year.
Apple (AAPL: NASDAQ)
Founded in 1976 by Steve Jobs, Steve Wozniak, and Ronald Wayne, Apple continues to grow, and 2022 seems to be the year for more growth. With incredible iOS devices that impress millions of consumers, Apple has built a solid brand for itself. It is currently valued at over $2 trillion, attracting investors from diverse global regions. Moreover, the company’s stocks are also highly valued, but the good news is that online brokers allow you to purchase even a fraction of Apple shares.
2. Microsoft (MSFT: NASDAQ)
Like Apple, Microsoft also has a market cap of over $2 trillion. It was founded in 1975 by Bill Gates and Paul Allen. The company started as a computing firm and created the first software that enabled quick access to personal computers. MSFT stock is currently valued at around $304 per share. Even though this price keeps fluctuating, the company’s measure to increase its revenue in 2022 makes it a considerable stock to invest in.
3. Alphabet (GOOGL: NASDAQ)
Alphabet is popular globally, and its impeccable services continue to generate high revenue. As a result, investors globally demand owning its shares, leading to an increase in share price. 2022 can also be rewarding for Alphabet because many organisations and businesses have resorted to working online. In addition, the company has partnered with various electronics manufacturers, indicating how strategic it is in trying to gain more revenue.
There are plenty of stocks that can generate good profits in 2022, but the above three are worth putting in your money. Remember that having the best stocks is not a surefire way to earn profits. As a trader, market research and analysis is crucial in creating the best strategy. Moreover, you need the best broker with quality tools and resources to maximise your experience and potential. Take a look at this list of trading platforms that will help you increase your chances of trading Apple, Microsoft, and Alphabet stocks successfully.
Do not be intimidated by the companies’ share prices because online brokers allow you to purchase a fraction of a share using CFDs or spread betting. This means that you can invest in the above companies with any amount you can afford. However, companies’ minimum deposit requirements vary, and it is crucial that you choose the one you can afford. Some have a minimum deposit of as low as $10, while others do not have any deposit requirement. If you are a newbie, take your time to learn the stock market and practice share trading on a broker’s demo account. You will then try trading with real money on the live account. Remember, start small and increase your capital as you get familiar with the stock market.