Top Stocks For January 2022
Are these the best stocks to buy this month?
These top 10 stocks to explode this month promise an interesting year
What are the best stocks to buy in January 2022? Are there any decent stocks to invest in this month? What are the best stocks to buy now? Read on and find out!
According to Market Realist, every December the share prices decline and every January they surge. This makes January a good month to purchase stocks.
And in the US, the stock market keeps breaking new records. The mood among many stocks traders is generally positive right now.
But of course, you shouldn’t just buy any old stock. There’s plenty to consider. Ideally, you want a stock with an upwards trend. One that has good news in store and no skeletons in the closet.
While the stock market did fantastically in 2020 and appears to be continuing to do so in 2021, it doesn’t mean you should be any less cautious in your choices.
Never let yourself believe that prices can only ever go up! Crashes can happen when you least expect them!
Top 10 Stocks to consider in January 2022
In this article, we’ll look at the top stocks for January 2022. Here’s a quick look at our list!
- Boeing (BA)
- BioNTech SE (BNTX)
- Etsy Inc (ETSY)
- Coupang Inc (CPNG)
- Evofem Biosciences Inc (EVFM)
- Zoom Video Communications Inc (ZM)
- Nokia Oyj (NOK)
- NVIDIA Corporation (NVDA)
- Okta Inc (OKTA)
- Disney (DIS)
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Best 10 Stocks to Explode in January 2022!
Here’s our list of stocks for this month.
1. Boeing (BA) - Could expanding into Russia get us to $306?
If you were lucky enough to fly on a plane in the last year, most likely it was a Boeing. Boeing is one of the world’s largest aeroplane manufacturers.
Why could Boeing stock be a good investment for January 2022?
First and foremost, Boeing is the largest exporter in the US and one of the largest defence contractors in the world.
They don’t just make planes, they also manufacture rockets, satellites and telecommunications equipment too, which means they are fairly diversified.
But what makes us so interested in Boeing for January 2022, is that they continue to spread their wings in other parts of the world.
With the recent change in leadership in the US, there may be a change in relations with Iran and this has opened up the potential for Boeing planes to be sold to Iranian airliners, specifically Iran Air.
But that’s not all. Boeing is also expanding in Russia as well with Russian airliner Aeroflot announcing their first Boeing planes too.
Why could Boeing stock be risky for January 2022?
Boeing faces growing competition with Airbus, a Dutch company. According to Forbes, Airbus outperformed Boeing in 2019, delivering 863 planes while Boeing managed only 345, less than half.
But there are much bigger risks you also need to consider when investing in aerospace companies.
When it goes wrong in the aviation industry, it can go really wrong. If things aren’t manufactured properly, there can be accidents and even deaths.
And part of the reason why Airbus outperformed Boeing in 2019 was the grounding of their 737 Max after two crashes that killed a total of 346 people.
While much of the world has lifted the ban on Boeing’s 737 Max, China, the world’s second-largest market for commercial aviation hasn’t, and the tragedies of the accidents will be remembered for a while to come.
Should I buy Boeing stock in January 2022?
If you have high hopes of air travel picking up in 2021 or 2022, Boeing could be a great stock pick for you. CNN’s analysts predict that in the next 12 months, Boeing could reach a high of $306 or a low of $169.
Would you invest in Boeing (BA) stock?
2. BioNTech SE (BNTX) - 91.3% effective covid vaccine bringing this stock to $464?
BioNTech is a German pharmaceutical company that along with Pfizer created the BioNTech-Pfizer coronavirus vaccine, also known as ‘Comirnaty’.
Why could BioNTech stock be a good investment for January 2022?
According to Pfizer, the BioNTech-Pfizer vaccine is 91.3% effective and looks poised to play a major role in defeating the virus in Europe, at least.
And according to the BBC in November 2020, the EU has purchased 300 million vaccines for €12 each but this is just the tip of the iceberg.
BioNTech also received an investment from the Bill & Melinda Gates Foundation in 2020 of $4,918,943, and there is a possibility that they may invest further in the future.
Depending on how effective the Comirnaty proves to be in defeating the virus, we may see more governments purchasing the vaccine and further investment.
Why could BioNTech stock be risky for January 2022?
The first thing you should consider when thinking about investing in BioNTech is that the company is young, only founded in 2008, and we don’t know how well it can really perform yet.
Just like all pharmaceutical companies that are producing coronavirus vaccines, there is a risk that they won’t be able to deliver on their promises.
The BBC reported in January 2021 that in certain parts of Europe, vaccines were delayed or even being halted due to a cut of BioNTech-Pfizer deliveries.
Many other pharmaceutical companies developing vaccines have also had production issues that have slowed them down and then logistics issues too. While this isn’t always directly their fault, it can impact the price of their stock.
And looking further ahead to the future, traders also need to consider what will happen with BioNTech stock after the coronavirus vaccine - what’s next?
Should I buy BioNTech stock in January 2022?
If you believe that BioNTech stands a real chance of getting rid of the coronavirus in Europe, it could be the stock for you. MarketBeat gives BioNTech stock a 52-week range of $464 at the highest and $80.55 at the lowest. A considerable margin. At the time of writing, it is much closer to the higher end.
What do you think? Would you invest in BioNTech (BNTX) stock?
3. Etsy Inc (ETSY) - Expected 100% growth in Q1 might bring this stock to $330!
As most of us remain in lockdown, high street shopping is just out of the question and handmade and vintage items can be hard to come across online, and that’s where Etsy steps in.
Why could Etsy stock be a good investment for January 2022?
Etsy has seen a major spike in growth since March 2020, pretty much when most of us entered lockdown. Their stock has just gone up and up and it looks like there’s not much stopping it.
In 2020 in particular, the number of active sellers on Etsy almost doubled from 2,699 in 2019 to 4,365, according to Statista.
And this growth in users has had a major impact on Etsy’s stock price. In fact, Etsy’s stock was expected to have grown 100% in the first quarter of 2021, making January 2022 an excellent month to buy if it is to continue growing.
It should be noted that Etsy’s domination of handmade items niche and vintage items niche is not something they are likely to lose to rivals like eBay any time soon.
Why could Etsy stock be risky for January 2022?
The biggest reason traders should be cautious of Etsy stock is that if lockdowns are lifted, many consumers will likely return to traditional high street stores. So, it would not be surprising if there was a dip in interest in Etsy in summer 2021.
Granted while some traditional retailers cannot compete with Etsy, there are other players out there who can! And one of them is Amazon.
This is a major risk to Etsy because competing with Amazon doesn’t usually turn out well for many companies.
Amazon is perhaps the most flexible in terms of adapting to market changes and could easily incorporate Etsy’s niche and handmade items into their own marketplace.
Should I buy Etsy stock in January 2022?
If you think Etsy can keep hold of the niche handmade and vintage e-commerce market, then Etsy is perfect for you.
Based on 13 Wall Street analysts, TipRanks believes Etsy to be a strong buy. They predict that the price could reach a high of $330 or a low of $195 over the next 12 months and give Etsy an average of $274.
Is Etsy (ETSY) the investment you’ve been looking for?
4. Coupang Inc (CPNG) - Keeping Amazon out of S. Korea could mean a price of $69!
Coupang is South Korea’s second-largest e-commerce platform, and they are growing fast.
Why could Coupang stock be a good investment for January 2022?
Nicknamed an ‘Amazon Killer’ by CNBC, Coupang has proven to be very effective at keeping Amazon on the sidelines in South Korea.
CNBC also mentioned back in 2018 that supposedly up to half of South Korea’s population of approximately 51 million people had downloaded the app at the time, showing just how popular Coupang has become.
Interestingly, Sequoia Capital, who largely focus on investing in technology companies, and BlackRock, the world’s largest asset manager, are just some of the investors in the company. And with investors like that, it is very likely that Coupang is expected to do good.
What makes Coupang stand out over other e-commerce platforms is that they claim they can deliver up to 99.6% of orders in 24 hours.
Just like Etsy mentioned above, Coupang has hugely benefited from the boom in e-commerce resulting from the coronavirus pandemic.
Why could Coupang stock be risky for January 2022?
Just like BioNTech stock, Coupang is a very young company, only founded 11 years ago and there is a risk that it has grown far too quickly.
Jireh Chan Yi-Le, writing for Seeking Alpha, has pointed out that Coupang’s rapid growth may be unsustainable.
This is particularly worrisome when you take into account South Korea’s declining population and that expanding internationally will put them into fierce competition with other established rivals.
Unfortunately, Coupang is still considered a bit of a unicorn. Just because Coupang has gained the interest of major investors like BlackRock and Sequoia Capital doesn’t mean its chances of failure are zero. Big investors can get it wrong too.
Should I buy Coupang stock in January 2022?
If you feel that Coupang can continue to dominate South Korean e-commerce, you may be bullish on this stock.
MarketBeat gives Coupang a 52-week range of $25.25 at the lowest and $69 at the highest. Given that Coupang’s price is currently closer to the lower end, it suggests that Coupang may have a lot of room to grow in the coming year.
Would you invest in Coupang (CPNG) stock?
5. Evofem Biosciences Inc (EVFM) - Innovative women health gels might lead to a price of $5!
Evofem Biosciences creates women’s health products that primarily focus on sexual and reproductive health.
Why could Evofem stock be a good investment for January 2022?
Evofem is a super innovative biopharmaceutical company that strives to give control to women over their health with hormone-free products.
The company gained attention with their first commercial product called Phexxi, a hormone-free vaginal gel used to prevent pregnancy and is set to potentially revolutionise birth control.
And Evofem is also in the process of producing a gel to prevent sexually transmitted diseases as well, such as chlamydia and gonorrhoea with their product EVOGUARD.
So far, they report that the gel reduces the risk of chlamydia by 50% and gonorrhoea by 78% in women.
Why could Evofem stock be risky for January 2022?
Evofem is a super young company, perhaps even the youngest on this entire list. Just like Coupang and BioNTech, the risk here is that we just don’t know how well the stock can perform yet.
Further to that, while Evofem gained a lot of attention for its Phexxi gel, EVOGUARD, the gel designed to prevent chlamydia and gonorrhoea, is still in development and being tested, and there is still the risk that they could still fail, or the gel is not approved by a medical board.
What this could mean is that a lot of the value of Evofem might be mostly speculative.
Should I buy Evofem stock in January 2022?
TipRanks gives Evofem a ‘moderate buy’, predicting that it will reach a high of $2 in the next 12 months, a big increase on the current price.
MarketWatch, forecasting Evofem to reach $5.53 in the next 52 weeks. If these estimates are correct, it could make Evofem one of the best cheap stocks to invest in 2022.
What do you think? Would you invest in Evofem (EVFM) stock?
6. Zoom Video Communications Inc (ZM) - The centrepiece of the decentralised workplace, we could see $571 in 12 months
The coronavirus was the best thing that ever happened to Zoom! The video conferencing tool has boomed since everyone started working from home.
Why could Zoom stock be a good investment for January 2022?
Zoom has been one of the biggest winners of 2020 so far and is still benefiting from people working from home in 2021.
In October 2020, it was reported that Zoom had approximately 300 million daily meeting participants, a huge increase from 10 million in December 2019, according to TechRepublic.
And Zoom also believes that they are here to stay. Eric Yuan, CEO of Zoom, cited the importance of “[their] customers to work and thrive in a distributed manner”.
Highlighting the fact that even after the pandemic subsides, there will still be a demand for a tool to communicate online, particularly for people who work with others in different parts of the world.
Why could Zoom stock be risky for January 2022?
Despite Eric Yuan’s positivity on Zoom’s future, the most obvious question is will people still be using it when they return to the office? While Zoom believes they will, it doesn’t mean that will be the case.
In the same article by TechRepublic, Owen Hughes points out that Microsoft Teams is also growing very quickly, and the fact that it comes as part of a package of Microsoft products makes it a very big rival to contend with.
Another rival to contend with is Google’s Google Meet, which supposedly has around 100 million users logging into meetings daily.
Should I buy Zoom stock in January 2022?
According to CNN, analysts offering 12-month price forecasts for Zoom predict that it could reach a high of $571.91 in the next 12 months, a low of $145, and give a median of $289.5.
Is Zoom (ZM) the kind of stock you’re looking for?
7. Nokia Oyj (NOK) - Recovering from legal troubles could mean 52-week high of $9.79!
Is Nokia stock as indestructible as their old school phones from the early 2000s?
Why could Nokia stock be a good investment for January 2022?
Finnish telecommunications giant Nokia may present one of the best buying opportunities in the stock market right now after a lawsuit accusing the company of defrauding shareholders has been dismissed, according to Benzinga’s Shivdeep Dhaliwal.
With this lawsuit out of the way, it may encourage buying that can result in an increase in price in the near future.
But that’s not the only reason we’re keen on Nokia this January.
Nasdaq points out that Northland analyst Tim Savageaux rates Nokia as an ‘Outperform’. He notes that Nokia is on track to deliver the 5G network it promised with 43% complete already compared to the target of 70% by the end of 2021.
On top of that, Nokia also plans to let approximately 10,000 people go as part of a ‘reset’ which Savageaux thinks will have a positive impact on the company.
Why could Nokia stock be risky for January 2022?
All of the above could easily be viewed in a negative light.
The very fact that Nokia got into this trouble of potentially defrauding shareholders is a very bad sign. And just because the case was dismissed doesn’t mean nothing illegal happened, it just means that for whatever reason the lawsuit didn’t go ahead.
What’s more, Nokia letting 10,000 employees go could also be a very bad sign that things are not going as well as they should be. It may be more about cutting costs that they can no longer afford than anything else, which raises questions about how well they’re doing financially.
Should I buy Nokia stock in January 2022?
If you think Nokia is getting ready for a big recovery, it could be the stock for you right now.
Stocktwits give Nokia stock a 52-week high of $9.79 and a low of $3.75.
Could investing in Nokia (NOK) make you a fortune?
8. NVIDIA Corporation (NVDA) - The world’s most important tech company close to reaching $400?
NVIDIA is a multinational technology company that became a household name when it invented the GPU (Graphics processing unit) revolutionised video games and computer graphics.
Why could NVIDIA stock be a good investment for January 2022?
NVIDIA has an incredibly wide reach and is involved in multiple aspects of computing. Its reach is so far in fact that it sometimes makes its way even into deals it has almost nothing to do with.
For example, in April 2021, it was big news that Luminar Technologies and Volvo reached a deal to work together on electric cars, and what made this big news for NVIDIA was that they will use NVIDIA computing chips.
NVIDIA acquired British company Arm in 2020, whose smart sensor chips are used in approximately 90% of all smartphones.
And you may also be interested to know that NVIDIA announced in March 2021 that they will release what they call a ‘cryptocurrency mining processor’ (CMP), specifically for mining Ethereum. In the past, GPUs have been typically preferred when mining cryptocurrency.
Why could NVIDIA stock be risky for January 2022?
Despite all the good news surrounding NVIDIA, some have suggested that it may be grossly overvalued.
According to GF Value writing on Yahoo Finance, NVIDIA’s future return is likely to be poor and they predict that the long-term return of NVIDIA stock will be much lower than their business growth.
That said, it is perhaps pretty hard to measure NVIDIA’s true value because of how many different industries it is now involved in.
Should I buy NVIDIA stock in January 2022?
If you think NVIDIA will continue to grow in the near future, it might be a good option for you.
Based on 38 analysts, CNN gives NVIDIA a 12-month prediction of $400 at the highest and $200 at the lowest, and a median of $350.
Is NVIDIA (NVDA) stock a millionaire-maker?
9. Okta Inc (OKTA) - Identity management company aiming for $320?
Okta is an identity management software company that provides several services such as single sign-on.
Why could Okta stock be a good investment for January 2022?
According to Forbes, Okta stock is up 8x since 2017, when it launched its initial public offering.
Much of this growth is attributed to the coronavirus as, since March 2020, the stock almost doubled. As more people started to work from home, the demand for Okta’s products increased.
Looking into Okta’s remote work toolkit, you can see how many integrations they offer for people working from home for document protection, video conferencing, and chat collaboration.
They include some of the biggest names around today, such as Zoom, Dropbox, Office 365, Slack, and Microsoft Teams.
Okta, like Coupang, also benefited from an investment by Sequoia Capital too.
Why could Okta stock be risky for January 2022?
Just like NVIDIA, Okta could also be modestly overvalued, as suggested by GF Value writing for Yahoo Finance.
It may even be the case that the immediate demand for Okta’s products because of the coronavirus has inflated the price beyond its true value.
But there is also a major concern that insider trading has been taking place at Okta as well, as reported by Simply Wall St.
Supposedly, in the last 12 months, insiders have sold hundreds of thousands of dollars worth of shares.
Should I buy Okta stock in January 2022?
If you feel that Okta’s identity management software is only going to become more useful to us, this might be your stock.
TipRanks gives Okta stock a ‘moderate buy’ based on 17 analysts’ predictions. They believe that the price could reach a high of $320 or a low of $250, and a median of $295.
Is Okta (OKTA) the stock you’re looking for in January 2022?
10. Disney (DIS) - Expanding parks and growing Disney Plus viewership to take us to $203.02?
The coronavirus was a big test for Disney stock 2020 and despite it all, it not only survived, but it also thrived.
Why could Disney stock be a good investment for January 2022?
Disney stock has never been higher than right now, despite the fact that it is primarily a mass media company that largely focuses on film and TV production.
However, while the coronavirus put a stop to a lot of the film production in 2020 and closed many cinemas, Disney had a secret weapon - their streaming service Disney Plus.
Today, Disney Plus stands a serious chance of outperforming both Netflix and Amazon Prime in steaming. Statista reported that Disney Plus has 116 million subscribers (for Q3 2021) and that Disney expected that number to grow to 230 million to 260 million subscribers by 2024.
And just to make the stock market a bit more bullish on Disney, they have also revealed their plans to upgrade their California resort with new shops and restaurants.
Why could Disney stock be risky for January 2022?
Things might not be as perfect as they look with Disney. Though they have done amazingly in the stock market, the coronavirus led them to lay off 32,000 workers.
This is pretty controversial considering the fact that, as Bloomberg reported, Disney’s top executives made huge profits.
This is concerning because it looks like they are more concerned about filling their pockets and less concerned about the company functioning.
On top of that, we also need to bear in mind that the coronavirus still poses a major threat to Disney stock.
If restrictions are loosened, and Disneyland reopens, filming continues and cinemas reopen, there is always the possibility that they will close again if coronavirus cases surge again, and that might hurt Disney stock prices.
Should I buy Disney stock in January 2022?
If you feel that the threat of the coronavirus will not harm Disney and its streaming service will continue to thrive, it may be a great time to invest.
MarketBeat gives Disney stock a 52-week price range of $203 at the highest and $144 at the lowest.
How much do you think Disney (DIS) stock could make you?
Conclusion: What are the top stocks for January 2022?
What you decide is the best stocks for January 2022 will depend on your knowledge of the stock market and the different industries each stock operates in. Without this knowledge, a great investment opportunity can become a terrible one.
In the above list, we have highlighted several different stocks from an array of industries. Many of which are benefitting from the coronavirus pandemic.
But there are also plenty of other stocks out there of older companies and new companies that have recently emerged.
If you’re interested in e-commerce, you may want to explore the benefits of trading Coupang and Etsy.
Traders who believe that lockdowns will soon come to an end may be interested in Boeing who continue to expand.
Meanwhile, those interested in science and pharmaceuticals may be interested in BioNTech and Evofem stock.
And traders with a good understanding of technology may be interested in Okta, NVIDIA, Nokia, and Zoom.
Finally, stock traders looking for a large, solid company to invest in may be interested in Disney.
Whatever you do, make sure you thoroughly understand the risks associated with each stock you decide to invest in! And only invest what you can afford to lose! (In other words, don’t invest that money you need to live off!)
If you remember anything from Top Stocks For January 2022, make it these key points.
- In January 2022, a number of stocks still continue to benefit from the coronavirus. Such as Etsy, Zoom, BioNTech, and Coupang.
- Disney stands out as perhaps one of the best stocks to buy for January 2022. Generally speaking, it’s on the up and up with not much holding it back.
- Evofem Biosciences stands out as perhaps the cheapest stock to buy right now. And it’s predicted to triple in price in roughly a year.
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What stocks will boom in 2022?
According to Investor’s Business Daily, analysts have high hopes for the following eight stocks: FedEx, Regeneron Pharmaceuticals, Dexcom, Amazon, Newmont, Micron Technology, Adobe, and T-Mobile US.
Will stocks go up in 2022?
Ramsey Solutions outlines what we need to consider when pondering the state of stocks in 2022.
Firstly, we need to recognise that the coronavirus is still hanging around and that new strains are emerging, and that unemployment and inflation are both still pretty high.
But there is good news. The drive to get people vaccinated is picking up steam, businesses are slowly reopening, new industries (largely in tech and science) are emerging, and interest rates are remaining low.
And so, stocks going up or down will likely depend on the above factors either improving or deteriorating.
What are the hottest stocks to buy right now?
According to CNN, some of the hottest stocks right now, with the most gains, are: Pfizer Inc, Tyler Technologies Inc, Lennar Corp, D R Horton Inc, Pultegroup Inc, Freeport-McMoRan Inc, Domino's Pizza Inc, Generac Holdings Inc, Fidelity National Information Services Inc and Oracle Corp.
What are the best growth stocks for 2022?
Keith Speights, writing for The Motley Fool, believes the following three are some of the best growth stocks for 2022: Fiverr, MongoDB and Trupanion.
Are there any stocks to watch in January 2022?
Lisa Levin, writing for Benzinga, believes the following stocks are the best to watch for January 2022: Hewlett Packard Enterprise Company, UnitedHealth Group Inc, Salesforce.com Inc.