Now it's expecting revenue of $1.32 billion in 2022, blasting through analyst predictions. Marvell predicts both its data center business and 5G business will continue growing by double digits. That makes Marvell a “must own stock right now” according to Money Morning Chief Investment Strategist Shah Gilani.īut even more exciting are Marvell’s financials.ĭuring its last earnings call, the company revealed its data center business has grown 109% year over year. You see, for the metaverse to function, an unfathomable amount of data needs to be sent nearly instantaneously across networks. In short, this company makes the next phase of the tech industry’s growth possible, including the metaverse. It builds high-speed data centers, specialty chips, digital security, and networked “hyperscale” storage. Marvell makes the infrastructure that makes something like the metaverse possible. The best metaverse stock, and thus one of the best stocks for 2022, is Marvell Technology Inc. While the metaverse hype is real – this could be the future of the Internet – Meta is hardly the best play on the trend.
The metaverse has become a household name overnight after Facebook changed its name to Meta this year. In fact, the first stock on our list has the potential to more than double from today's prices. Whether your New Year's resolution is to start investing in stocks or you’re simply looking for the stocks with the most potential, we're confident you'll find a great stock to add to your portfolio today. They are some of the best stocks from the hottest sectors in the market, including tech, electric vehicles, artificial intelligence, and even a stock that pays you 11% returns just to own it. These stocks are curated from our experts here at Money Morning. That works even better when you own the best stocks.Īnd that's exactly what we have for you today - a list of the best stocks to buy now for 2022. You just have to know the best stocks to profit from big trends over a few months or years down the road. You don’t have to time the market “just right” to make your money work for you.
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