London, UK – As we head into 2022, many investors are wondering which stocks have the potential to double their money.
While there’s no sure thing in the stock market, there are a few stocks that James Spiro, a FinancialCentre broker, thinks have the potential to generate significant returns over the next year.
So, if you’re looking to generate some serious money in 2022, keep an eye on these five stocks!
- Amazon (AMZN)
- DocuSign (DOCU)
- Crocs (CROX)
- Goldman Sachs (GS)
- Sea Limited (SE)
Levin’s first choice is Amazon. Amazon stocks have been on the rise lately, and there are a few reasons why:
- Amazon has undergone a significant expansion in recent years, with new facilities and products being introduced regularly.
- The company invested in the latest technologies, such as artificial intelligence and drone delivery.
- Amazon has been working hard to increase its customer base by offering attractive deals and benefits.
As a result of all these factors, Amazon stocks are currently near an all-time high. Given the company’s strong growth prospects, it’s likely that Amazon stocks will continue to rise.
Amazon stock is currently hovering around $3,000 per share, and while that may seem like a lot, it’s a great deal for investors. In fact, since 2010, Amazon’s stock has increased by more than 3,000%.
The broker’s second choice is DocuSign.
DocuSign (DOCU) is an outstanding stock to buy if looking for rising returns. This company provides electronic signature technology and digital transaction management services. They serve more than 375,000 customers in 188 countries, including many major brands like Coca-Cola, Ford, IBM, and Walmart.
Their products are used by over 90% of the Fortune 500 companies. In 2019, they had revenue of $1.4 billion, up 39% from the previous year.
Their stock price is also rising, increasing from around $30 per share in early 2020 to $140 per share as of November 2020. DocuSign is an excellent choice if you’re looking for a solid investment with plenty of growth potential.
The next stock on the broker’s list is Crocs.
There’s no doubt that Crocs is a polarizing company. Some people love the shoes and can’t get enough of them, while others think they’re ugly and would never be caught dead wearing a pair.
However, regardless of your personal opinion on the shoes, there’s no denying that Crocs is a well-run business with a strong brand and a loyal customer base.
In terms of financials, Crocs seems to be in good shape. The company has posted consistent sales and earnings growth over the past few years, and its share price has followed suit. The analyst expects Crocs to continue to perform well, with sales and earnings expected to grow at a healthy clip in 2022.
Goldman Sachs (GS)
Goldman Sachs is a prestigious global investment bank that offers a wide range of financial services, including investment banking, securities, and asset management.
Success has been a company’s hallmark, dating back to its founding in 1869. Goldman Sachs is a well-respected name in the financial world, and its stock is widely considered a safe and reliable investment.
However, some experts have raised concerns that Goldman Sachs may be overvalued at its current price. Additionally, the company’s stock has underperformed the overall market in recent years. As a result, investors may want to consider other options when deciding where to invest their money in 2022. However, Goldman Sachs remains a solid choice for those looking for a safe and reliable investment.
Sea Limited (SE)
Investing in stocks can be challenging, with many options available. Here is the last pick of FinancialCentre’s broker for investors: Sea Limited.
Sea Limited is a Singapore-based company that operates an online platform called Shopee. Shopee is a leading e-commerce platform, especially in Southeast Asia and Taiwan. The company also has a digital entertainment business and a payments business.
Sea Limited may be a good investment because it is well-positioned to benefit from the growing e-commerce market in Southeast Asia. Another reason is that the company has a strong track record of growth. In 2020, Sea Limited’s revenue increased by 68% year-over-year.
These are only some of the stocks FinancialCentre’s broker recommends for investors looking to make money in 2022. Be sure to research before making any investment decisions. And always remember to diversify your portfolio to reduce your risk.
Disclaimer: Our content is intended to be used for informational purposes only. It is very important to do your own research before making any investment based on your own personal circumstances. You should take independent financial advice from a professional in connection with, or independently research and verify, any information that you find on this article and wish to rely upon, whether for the purpose of making an investment decision or otherwise.