HubbleBit’s Analyst Reveals The Best Tech Stocks for 2022


London, UK–The stock market is notoriously difficult to predict, and the past two years have been a prime example of this. Despite the challenges of 2020, the tech sector has continued to thrive, and many experts believe that this trend will continue in 2021.

Brandon Jennings, an analyst at HubbleBit, has released a list of the best tech stocks in 2022, and it includes some familiar names and some up-and-coming companies. The list is based on various factors, including expected earnings growth, competitive advantages, and valuation. While there is no guarantee that these stocks will perform well, they are definitely worth keeping an eye on in the coming year.

What Are The Best Tech Stocks to Keep An Eye on In 2022?

The technology sector has grown to be a major focal point for stock investors in recent years. After all, the technology sector is vast, with hundreds of publicly-traded companies in the United States alone.

To assist you take advantage of this industry’s financial prospects, the broker has complied a list of the five greatest tech stocks to consider investing in 2022. Let’s have a look:

1. Palo Alto Networks (PANW) Stock

Palo Alto Networks (PANW) is a leading provider of cybersecurity solutions. The company’s stock has been on the rise in recent years, and it is currently trading at $481.03 share price.

PANW’s market potential is strong, and the company is well-positioned to capitalize on the growing demand for cybersecurity solutions. PANW has a market capitalization of $47.37 Billion as of May 2022. It makes Palo Alto Networks the world’s 336th most valuable company by market cap according to the data of companies’ market cap.

PANW stock is a good investment for those looking to profit from the growth of the cybersecurity industry. The company is expected to continue to grow rapidly, and its stock is likely to continue to rise.

2. Pure Storage Inc (PSTG) Stock

PSTG stock has great market potential, and investing in it would be beneficial. The company’s innovative all-flash storage arrays provide numerous advantages over traditional storage solutions, including higher performance, lower costs, and improved energy efficiency.

As of May 2022, Pure Storage has a market capitalization of $6.64 billion, making it the world’s 1887th most valuable firm by market value, according to the data of companies’ market cap.

In addition, Pure Storage is one of the few companies that provides an end-to-end all-flash storage solution, which gives it a significant competitive advantage. As the demand for flash storage continues to grow, Pure Storage is well-positioned to capture a large market share. Consequently, its stock is a good investment for those looking to profit from the growth of the flash storage market.
3. Zendesk Inc (ZEN) Stock

ZEN is a cloud-based customer service software company that has seen rapid growth in recent years. The company offers several features that are appealing to businesses, including a self-service knowledge base, ticketing system, and live chat.

ZEN also offers a high degree of customization, which allows businesses to tailor the software to their specific needs. Given the strong market potential, the market cap of $11.28 Billion, and the many benefits of investing in ZEN, HubbleBit’s analyst believes it is a wise choice for investors and a solid stock with good long-term growth potential.

While there may be some short-term volatility, the long-term prospects are very positive. In a nutshell, ZEN is a good choice for investors seeking to add a customer service software company to their portfolio.

4. Lumen Technologies, Inc (LUMN) Stock

If you’re searching for the finest dividend stocks, consider older but established firms in this sector, such as Lumen Technologies. Lumen is a global company that offers technology and communication services to businesses.

Based in the United States, this company is a member of the S&P 500 and the Fortune 500. Plus, it has a market capitalization of $11.71 Billion.

Lumen Technologies stock has been on the rise lately, and there is good reason to believe that this trend will continue. In addition, Lumen Technologies is one of the few companies in its industry that has a significant presence in both the developed and developing world.

It gives it a unique advantage as the global economy continues to grow. As a result, Lumen Technologies seems like a wise investment for those looking to profit from the continued growth of the telecommunications industry.

5. Meta Stock

Meta is the parent company of Facebook, which also owns other notable companies like Instagram and WhatsApp.

Advertisements on these platforms contribute significantly to Meta’s revenue. Large businesses throw significant sums of money on advertisement and marketing campaigns in order to have their products reach potential customers.

The company has become one of the hottest stocks on the market, and for good reason. As of May 2022, the company has a market capitalization of $513.04 Billion making it the 8th most valuable company in the world by market cap according to the data of companies’ market cap.

With a recent push into new areas such as virtual reality and artificial intelligence, Meta is well-positioned to continue its impressive run. For investors, Facebook presents an appealing opportunity. Not only is the stock reasonably priced, but it also offers exposure to several high-growth industries. As such, Facebook looks like a smart addition to any portfolio.

Final Words

Several stocks look like good investment opportunities at the moment. Companies like Palo Alto Networks, Pure Storage, Zendesk, Lumen Technologies, and Facebook have strong long-term growth potential.

While there may be some short-term volatility, these companies are well-positioned to capture a large share of their respective markets.

As such, they offer investors an attractive way to profit from the continued growth of the flash storage market, the customer service software market, the telecommunications market, and the virtual reality/artificial intelligence markets.

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 in this article and wish to rely upon, whether for the purpose of making an investment decision or otherwise.

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