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Best Stocks To Buy Now: Sunday, May 29, 2022

There’s no denying that investing can be risky, especially in today’s volatile market. But if you know what you’re doing, it doesn’t have to be scary. The right stocks at the right time are a great way to build wealth for your future – and fast! Moreover, you don’t need to be an expert analyst to get started on the road to financial security with stocks.  Amazon stock forecast today is  $3,680, Tesla stock forecast today is $976.82, and PayPal stock forecast today is $124.27.

With good research, patience, and maybe a little luck, you can find some great companies whose stock prices will likely go up in the next few years. These are known as “best stocks to buy now 2022,” They offer a fantastic long-term investment opportunity. Here are three of the best stocks you can buy right now.

Synopsys, Inc.(NASDAQ:SNPS)

Synopsys, Inc. Stock
Source: Getty Images

Start with stocks to buy now 2022 plays in the tech sector. Synopsys (NASDAQ:SNPS) is a leading provider of design, verification, and manufacturing solutions that help companies create chips, software, electronic devices, and other technology-based products. The company’s customers include some of the world’s biggest tech companies, including the top five chipmakers. Stocks to buy now 2022 are all about investing in companies positioned to gain from growth in emerging technologies – and there’s no better example than the chip sector. The demand for chips is expected to increase as internet-connected devices proliferate, and chipmakers are expected to ramp up production to meet that demand. As a result, investors expect Synopsys’ sales and profits to reach $1.94 billion and $1.04 per share in the company’s fiscal year ending in January 2022. That’s up from $1.84 billion and 80 cents per share in the current fiscal year.

Alaska Air Group, Inc.(NYSE:ALK)

Alaska Air Group, Inc. Stock
Source: Getty Images

Another stock to buy now in 2022 play is Alaska Air Group (NYSE:ALK), a leading airline operator based in Seattle. The company currently operates a fleet of more than 170 airplanes that serve more than 90 destinations throughout the U.S. and Canada. Airline stocks are notoriously volatile, but Alaskan Air’s long history of profitability makes it a relatively safe long-term investment. The company is expected to post earnings of $8.10 per share in the upcoming fiscal year ending in January 2022, up from $7.49 in the current fiscal year. And while shares have been volatile in recent years, they’re expected to increase in value as the airline industry recovers. 

Crowdstrike Holdings Inc(NASDAQ:CRWD)

Crowdstrike Holdings Inc Stock
Source: Getty Images

Finally, let’s look at stocks to buy now 2022 plays in the technology sector. CrowdStrike(NASDAQ:CRWD) is an advanced threat detection company whose flagship product can identify and stop cybercriminals in their tracks. With cybersecurity expected to be a major issue in the years to come, CrowdStrike is well-positioned to profit from companies’ growing need for advanced protection. The stocks to buy now in 2022 play here because security companies like CrowdStrike will see a massive increase in demand for their products over the next five years. According to research companies Frost and Sullivan, the cyber security market will reach $204 billion by 2022. CrowdStrike is expected to grow along with it, reaching $1.7 billion in revenues in its next fiscal year.

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New Relic (NYSE:NEWR)

New Relic Stock
Source: Getty Images

And finally, let’s look at stocks to buy now 2022 plays in the cloud computing sector. New Relic (NYSE:NEWR) provides software analytics and monitoring services to companies around the world. Customers monitor and analyze the performance of their applications, websites, and other software through New Relic’s software-as-a-service (SaaS) platform. New Relic’s customers include many big-name tech companies, including Amazon, Microsoft, Slack, and Salesforce. Businesses increasingly turn to cloud computing services like New Relic because they need agile and cost-effective computing options. New Relic is expected to see sales grow from $300 million in the current fiscal year ending in July 2021 to $374 million in 2022. Earnings are expected to grow from $9.24 per share to $16.57 per share.

Conclusion

Stocks can be a great way to grow your money and build wealth, but you have to choose wisely. That’s why it’s important to do your research and find the best stocks to buy now in 2022. The companies on this list are all poised to do well in the next few years and are great long-term investments. So don’t be afraid to put a little money on the line and go for it!

The post Best Stocks To Buy Now: Sunday, May 29, 2022 appeared first on Best Stocks.

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