Stocks For 2022 Reddit Promise Good Potential for Growth Investors

    Despite maintaining a diversified portfolio that ensures stability, focusing on some single stocks is essential to boost growth. For example, those investing in ETF and Roth IRA would perhaps like to include some individual stocks picked from the list of stocks for 2022 Reddit as part of their growth investing strategy. Growth stocks are stocks of companies with sales or earnings expected to grow considerably faster than the rest of the market. Such companies keep reinvesting their earnings and do not pay dividends to ensure more Revenue of earning in the future. 

    This article should help you choose some of the best growth stocks for 2022 based on EPS growth, Sales growth, and EPS and Revenue. 

    Tesla (TSLA) – the top choice among stocks for 2022 Reddit

    Ever since its inception in 2008, Tesla stocks have been an automatic choice as growth stocks, and even today, it is a safe bet for those looking for faster growth. With support from the government in the form of tax credits to encourage green vehicles that reduce carbon emissions, the Electric Vehicle (EV) industry is on a high. In 2021, the sales of EVs were likely to touch 6.4 million, an incredible increase of 98% over last year. Tesla has been the greatest beneficiary of the surge in sales, as evident from the annualized return of 137% on Tesla stocks over the past three years. Undoubtedly, Tesla stocks are the safest bet among the best growth stocks for 2022.  

    In October 2021, Tesla’s market cap crossed the trillion-dollar threshold, which is remarkable. However, it is the right time to buy Tesla stocks as the price is down by 24% due to market volatility, but the stocks will rebound stronger anytime soon. 

     Adobe (ADBE)

    Adobe stocks are for those on the lookout for stocks that will double in 2022. Although stock market predictions are often not much dependable, the forecast about Adobe can be an exception. Adobe is a name synonymous with PDF worldwide. The SaaS Company has grown steadily between 2018 and 2020. During this period, subscription revenue rose to $11.6 billion from $7.6 billion, and total Revenue jumped to 90.3% from 84.2%. The momentum continued in 2021 as the Revenue grew by 23.6% during the first nine months to reach $11.7 billion. Subscription sales contribute handsomely to Adobe’s total sales, and the net income of $3.6 billion recorded an increase of 19.2%. 

    With a strong brand name and even stronger financial performance, Adobe will likely widen the subscriber base and garner more clients that strongly indicate the stocks doubling in 2022.

    Lyondell Basel Industries NV

    Looking beyond the tech stocks that are favorites as growth stocks, stocks in other sectors can broaden investors’ smiles with fantastic growth prospects. If you ask some market experts about stocks to buy now, the name of Lyondell Basel Industries NV, a chemical company, will surely figure in the list. It manufactures plastics and chemicals used for home furnishings, food packaging, paints and coatings, automotive components, and similar items. The company’s report for the Q3 ending on September 30, 2021, shows a surge in net income which grew 15 times. The company recorded revenue growth of 87.4% year on year based on a tight market and robust demand. The company is on a firm footing to improve growth, as indicated by the earnings per share (EPS) recorded 1490% growth.

    International Flavors and Fragrances Inc.

    International Flavors and Fragrances Inc produce solutions and ingredients for the pharmaceutical, food and beverage, health and wellness, personal care industries, and home. The company’s share price on December 16 was $145.9, with a market cap of $37.1 billion and revenue growth of 142.2%. The company announced a quarterly cash dividend of $0.79 per share payable on January 7, 2022. All shareholders in the books as of December 28 would receive dividends. The company recorded the highest year-on-year sales growth in Q3, and it indicates the company’s capabilities of achieving high growth through new or organic ways. Investors can consider the stocks to invest in

    All the companies have enough merits for inclusion in the list of stocks for 2022 Reddit. 


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