Recent market developments, including COVID-19, the Russia-Ukraine war, and inflation, have influenced the 2022 stock bear market. Large companies have faced challenges in the past few months, thus affecting their stock performance. You probably must be skeptical about putting up your money in stocks this year, since it is challenging to forecast their performance in the future. However, most analysts predict that the stock market will soon stabilize and begin to recover in the coming months.
Tracking Popular Stocks
As a trader, following the stock market and understanding the best-performing stocks in 2022 is crucial. While some of the top stocks won’t deliver solid returns, others guarantee excellent performance year after year. That is why you should always track your preferred stocks’ performance before choosing the best with increased returns potential.
Here are the most traded stocks so far in 2022 to keep an eye on.
1. Tesla (TSLA)
Founded by Elon Musk, Martin Eberhard and Marc Tarpenning, Tesla is an American-based automotive and clean energy company headquartered in Texas. The company is, to date, one of the leading electric car manufacturers. Tesla is also known to be among the best clean energy generation producers, making it more popular and contributing to its increased revenue. It has so far produced millions of vehicles, which are significant contributors to its increased revenue.
Tesla is listed on the NASDAQ exchange under the symbol TSLA. Since it is challenging to trade the company’s shares directly from the exchange, you need a broker within your region with access to the exchange and trade. For instance, the best stock brokers in the UK can be identified through thorough market research or expert recommendations.
2. NVIDIA (NVDA)
NVIDIA was founded in 1993 by Jensen Huang, Curtis Priem, and Chris Malachowsky. The company primarily focuses on designing Graphics Processing Units (GPUs), which have become one of the best tools for individuals in the gaming industry. NVIDIA also specializes in designing systems on a chip (SoC) units for users in the automotive and mobile computing industry. You can trade it using the best broker meeting your requirements on the NASDAQ exchange under the symbol NVDA.
Currently, NVIDIA is headquartered in California, the United States. Its share price keeps fluctuating with market conditions, but it is one of the best investment tools for traders to earn profit with. The best element about NVIDIA is that it strives to ensure its GPU products are backed up by artificial intelligence to handle high-technology games. Other moves, such as acquiring Arm Limited, will improve its performance, thus increasing revenue.
3. Amazon (AMZN)
Founded in 1995 by Jeff Bezos, Amazon is an American multinational technology company focusing on e-commerce and cloud computing services. If you are a long-term investor, you probably know that Amazon is one of the stocks that continues to perform well, and investing in it could pay off in the long run. This company also offers digital streaming and artificial intelligence services, making it stand out in this fast-paced world dominated by advancing technology.
Amazon continues to strategize on how to maximize its revenue and attract investors. It has growth potential, considering consumers are beginning to adopt e-commerce transactions and cloud computing. This doesn’t mean the company hasn’t faced its fair share of challenges. What matters is that it keeps overcoming the obstacles that affect its growth, thus attracting more investors. Like Tesla and NVIDIA, Amazon stocks are listed on the NASDAQ exchange under the AMZN symbol.
Stock trading in 2022 has been challenging, especially with the market crash that has left many wondering about the best options to trade. Although the oil industry is one of the sections hit hard, most investors are earning good profits in the stock market. Therefore, regardless of the stock you plan to trade, simply ensure you thoroughly analyse its performance so you can easily predict its future performance.
The above three recommendations are examples of the most traded stocks. As mentioned in the mini-reviews, you need the best broker with access to NASDAQ to trade them. Plus, the broker must be regulated by world-renowned authorities and offer adequate tools for strategy development.