In this article, I’ll share some top 10 stocks to buy on the dip right now.
All I want you to do is to read carefully and ensure you digest the information as it will guide your investment decision in 2022 and beyond.
In 2021, global supply chain concerns, workforce constraints, and company technology investments dominated growth debates.
Consumer spending habits are predicted to recover in 2022,
According to an economic estimate by the Conference Board, a non-profit research organization, and supply disruptions are expected to improve as the pandemic fades.
In the coming years, the global economy is expected to grow at a rate of 3.9 percent, with the United States and China leading the way with growth rates of 3.8 percent and 5.5 percent, respectively.
List of Stocks Expected to Skyrocket in 2022
Since 2022 is expected to be a breakout year for the economy as it slowly recovers from a disastrous 2020 pandemic, growth rates are greater than average.
The International Monetary Fund predicts that the global economy will increase by 4.9 percent in 2022, leading to mature economies.
According to the Economist Intelligence Unit, global Gdp is expected to increase by 4.1 percent in 2022, after growing by 5.4 percent in 2021.
The majority of analysts believe that the recovery will accelerate.
Thermo Fisher Scientific Inc. (NYSE: TMO), Airbnb, Inc.
(NASDAQ: ABNB), and Coupa Software Incorporated (NASDAQ: COUP), among others, are among the best companies to purchase before 2022, as detailed below.
Investors willing to pump money into these stocks should be wary of concerns such as US-China tensions, cyber warfare, and significant societal upheaval, all of which might stifle growth.
Top 10 Stocks to Buy on the Dip Right Now Against 2022
Sarcos Technology and Robotics Corporation is number ten (NASDAQ: STRC)
N/A (Number of Hedge Fund Owners)
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 testing and demonstration.
The technology is groundbreaking because it can execute human-like activities, even at great heights, under challenging situations.
It’s also worth mentioning that the company’s reserve replacement ratio has averaged 99 percent during the last four years. Chevron is well-positioned for long-term wealth generation, with a long reserve life and low break-even assets.
Telefonaktiebolaget is a telecommunications business based in Sweden.
Communications infrastructure is sold by Telefonaktiebolaget LM Ericsson (publ) (NASDAQ: ERIC).
The business is one of the leading suppliers of 5G infrastructure.
As the US government prepares for a massive communications infrastructure makeover,
Ericsson might be one of the key beneficiaries of future government contracts to enhance 5G connectivity in the US, especially given US suspicion of Chinese enterprises in this sector.
Akamai Technologies, Inc.(NASDAQ: AKAM)
Akamai Technologies, Inc. (NASDAQ: AKAM) delivers content and business application cloud services.
Despite being one of many cloud companies with solid growth potential, the company has lately begun marketing a cloud security system that has garnered a lot of positive responses from customers, distinguishing it from competitors.
Security technology sales increased 26 percent year over year to $335 million, against total revenue of $860 million, according to the company’s third-quarter results report released earlier this month.
Sabre Corporation (NASDAQ: SABR)
Sabre Corporation (NASDAQ: SABR) provides travel technology solutions.
Even if the travel economy has improved as immunizations allow countries worldwide to resume standard service, it is still far from pre-pandemic levels.
Pent-up demand might culminate in a mini-boom in 2022. Some countries only open international travel in time for the holiday season and companies like Sabre could be among the first to benefit.
Sabre Corporation (NASDAQ: SABR) is already making plans for the coming months.
The Retail Intelligence package, a set of technologies for dynamic pricing of airfare and ancillaries, was just announced.
Zscaler, Inc. (NASDAQ: ZS)
Zscaler, Inc. (NASDAQ: ZS) is one of the major stocks to buy on the Dip and also a California-based cybersecurity company. Users, servers, and Internet of Things devices can all have secure access to externally managed apps with the help of the company’s solutions.
Since the growth of internet-related firms, cybersecurity has been a dominating theme in the industry, particularly in light of hacking and data privacy concerns. Zscaler is expected to profit from increased company spending in the area in the coming 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.
Hologic, Inc. (NASDAQ: HOLX)
Hologic, Inc. (NASDAQ: HOLX) is one of the good Stocks To buy on the Dip and also a medical device manufacturer.
With its record profits in 2020 and 2021, the company, which manufactures and sells COVID-19 testing kits, has made sensible investments.
According to Evercore ISI analyst Vijay Kumar’s positive assessment of the stock, these purchases are expected to result in a sustained growth profile in the following months.
The market has reacted well to them.
Corning Incorporated (Corning) (NYSE: GLW)
Display technology, optical communications, environmental technologies, and specialty materials are all sold by Corning Incorporated (NYSE: GLW).
Corning has announced that it will invest $150 million in optical cable manufacturing in North Carolina as part of expanded cooperation with AT&T.
Increased government spending on communications infrastructure as part of the American Jobs Plan will also benefit the stock.
Coupa Software Incorporated (NASDAQ: COUP)
Coupa Software Incorporated (NASDAQ: COUP) is the owner and operator of a cloud-based platform that provides spend management services for businesses.
The company recently improved guidance and topped market estimates on earnings for the second fiscal quarter.
It outperformed expectations by 30%, and demand patterns for the company are improving.
Needham maintained its Buy rating on the company and boosted the price objective to $315 from $280 in September.
Airbnb, Inc. is the second-largest company in the world (NASDAQ: ABNB)
Airbnb, Inc. (NASDAQ: ABNB) has many growth drivers going into the new year.
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 contributed to a 12 percent increase in the stock price in the last week.
Trust, DA Davidson, Wells Fargo, and Loop Capital have recently lifted the stock’s price target.
Watch the video below to know the Top 10 Stocks To Buy On The Dip Right Now:
Thermo Fisher Scientific Inc. (NYSE: TMO)
Thermo Fisher Scientific Inc. (NYSE: TMO) sells analytical tools, specialist diagnostics, and laboratory items.
The company has a developing biopharma division, which is projected to continue boosting revenue in the coming months, thanks to the purchase of PPD.
The company recently constructed a biologics manufacturing facility in Switzerland and released new versions of mass spectrometry and chromatography solutions, which customers appreciated.
Our stock analyst sees a positive future trend, and Stocks to buy on the Dip could be a good investment location if you want to profit.
We recommend adding this company to your portfolio because it is promising.
In bull markets, trading is always easier. Therefore, you may want to favor these stocks in these situations, but read up on the best investment tactics first if you’re new to investing.
Stocks to buy on the Dip can be located on the NASDAQ stock exchange if you’re good with money and want to invest.