If you are looking to build a portfolio of stocks and shares, the best long – term strategy is to make sure you are well diversified. This means investing in a stock basket from different industries and sectors.
If you are looking for a little inspiration, this article will examine the 10 best buy shares today.
List of best shares to buy today
We found that the top shares to buy in 2022 are the 10 companies below, which are listed on a stock platform eToro.com.
- Procter & Gamble – óverall best buy shares today
- Cocoa Cola – bbuy shares today for dividends
- Nvidia – large-capa stock at the forefront of the GPU industry
- AT&T – undervalued stock for purchase at present
- Tesla – óne of the best shares to buy now for growth
- Bank of America – tfinancial stock op that continues to outperform the market
- Johnson & Johnson – blue-chip stock for long-term investors
- Marriott International – top hotel shares to add to your portfolio
- Canopy Growth – cpile stocks to gain exposure to the cannabis legal industry
- Apple – henhance global brand awareness with significant cash stocks
You will find our full analysis of the stock options above next.
The best shares to buy today – a full analysis
This section discusses the top 10 stocks you can think of adding to your portfolio today.
Not only do we cover a good selection of sectors, but we also cover companies at different stages of their business.
Read on to find out all best shares to buy today.
1. Procter & Gamble – the best total share to buy today
Procter & Gamble is one of the most established companies in the US – with the firm’s roots dating back to 1837. The company specializes in consumer goods and is behind a broad portfolio of popular brands.
It could be argued that this firm corporation is one of the best shares to add to your portfolio – because it falls within the staple stock category. This simply means that Procter & Gamble products are in demand no matter how the economy performs.
In terms of growth, Procter & Gamble shares have grown 85% in the last five years. Stocks have increased by 22% on an annualized basis. In addition, Procter & Gamble offers a stable dividend policy, which, as of writing, offers a current yield of just over 2%.
2. Coca-Cola – the best shares to buy today for dividends
If you are looking for the best shares for dividends – do not expect Coca-Cola. This large capital stock is one of the best dividend payers on the market – especially as it has increased its annual distribution volume by almost 60 years in a row.
There is no reason to believe that this consecutive annual rise will end any time soon – so Coca – Cola will appeal to those looking for a consistent income payment. In terms of share growth, Coca-Cola has grown 25% in the previous 12 months.
3. Nvidia – a leading cap stock in the GPU industry
Nvidia is one of the largest NASDAQ – listed companies with a market capitalization of over $ 600 billion since then. This stock is heavily associated with graphics processing units (GPUs), although it has since diversified into computer chips, automotive technology and mobile hardware.
While Nvidia already has a huge valuation, it remains one of the fastest growing stocks in the previous five years. For example, Nvidia’s stocks have grown by 87% and 864% over 1 and 5 years respectively.
4. AT&T – currently worthless stock for purchase
AT&T stock performance has been a disaster in recent years. For example, stocks have declined by almost 35% in the previous five years and a smaller loss of 6% on a year-on-year basis.
However, AT&T remains the largest telecommunications company in the world and in addition – the firm is still thriving through its counter -.[icipated 5g rollout. At current prices, AT&T represents one of the best shares to buy today in terms of value. As of writing, you’ll also have a juicy running yield of 7% to fall back on.
5. Tesla – one of the best shares to buy now for growth
Although Tesla is now a trillion-dollar company that has been trading on the NASDAQ for over a decade, the firm is still viewed by many as a strong growth stock. After all, in the prior five years alone, the EV maker has seen its shares increase by almost 2,000%.
Since its IPO debut in 2010, this growth figure stands at an impressive 25,000%. Crucially, Tesla didn’t report its first full-year profit until early 2021 – meaning that it was running at an annual loss since it was founded in 2003.
This says to us that there is still plenty of upside potential left on the table for Tesla shareholders – especially when you look at how quickly its EV sales numbers are increasing.
6. Bank of America – top financial stock that continues to outperform the market
Although many financial stocks have struggled in recent years – this couldn’t be further from the truth in the case of the Bank of America. On the contrary, this top-rated banking firm continues to outperform market expectations.
For example, the KBW Bank Index – which tracks the market performance of the 24 largest financial institutions in the US – has grown by 53% on a 5-year basis. In comparison, the value of Bank of America shares has increased by 105% over the same period.
7. Johnson & Johnson – blue-chip stock for long-term investors
While growth stocks can give you the opportunity to make above-average market gains, blue-chips provide your portfolio with some much-needed stability. And one of the best shares to buy today for this purpose is Johnson & Johnson.
Although your potential returns are likely to be modest, Johnson & Johnson is home to a rock-solid portfolio of products and services that are always in demand. The blue-chip stock is a Dividend King just like Coca-Cola – so income investors are catered for too.
8. Marriott International – top hotel shares to add to your portfolio
Virtually the entire hotel and hospitality sector has struggled since the pandemic began in 2020 – not least because of global lockdown measures and broader travel restrictions. However, Marriott International – which is the largest hotel chain globally, continues to perform well.
For instance, the stocks are up 21% and 82% over a 1-year and 5-year period – and the firm is now commanding a market capitalization of over $50 billion as of writing.
Even more importantly, throughout the pandemic, Marriott International continued to invest money into its global expansion program. And, in late 2021, the hotel giant reintroduced its dividend policy.
9. Canopy Growth – cheap stock to gain exposure to the legal cannabis industry
Legal cannabis – both in terms of recreational and medical usage, is an industry that many investors are keeping an eye on. Over the course of the past decade, more and more governments have relaxed cannabis-related laws, which has since opened up the doors to growers, retailers, and auxiliary service providers.
At the forefront of this is Canopy Growth – a TSE and NASDAQ-listed producer of legalized marijuana. Crucially, this stock is down over 77% in the prior year alone – which means that if you are a firm believer in the future of the legal cannabis industry – you can invest at a huge discount. As such, Canopy Growth could be one of the best shares to buy today.
10. Apple – huge global brand awareness with significant stockpiles of cash
To conclude our list of the best shares to buy today – it’s also worth considering Apple. This tech-powerhouse is the largest US-listed stock in terms of market capitalization, which, as of writing, stands at over $2.7 trillion.
Moreover, Apple is still stockpiling its huge cash reserves, which are once again creeping towards the $200 billion figure. This will subsequently allow the business to continue its diversification objectives – especially in its services division.
Where to buy the best shares today – top brokers
Once you have decided which shares to buy today – you can then proceed to invest in your chosen stocks online.
But, you must first open an account with a stock broker that offers low fees and a strong regulatory framework.
In your search for the best platform to buy shares – consider the pre-vetted brokers reviewed below.
1. eToro – overall best platform to buy shares in 2022
All of the companies that made our list of the best shares to buy today are available at eToro on a commission-free basis. In fact, the platform is home to a total portfolio of stocks that not only runs into the thousands – but across 17 markets. This includes stocks listed on the two primary US exchanges, as well as in Europe, Asia, and more.
eToro – which is used by more than 20 million registered users, will also appeal to those on a budget. This is because US and UK investors can get started with an account by depositing just $10 ($50 elsewhere). Furthermore, you can invest in any of your chosen shares from just $10 – regardless of how much the stocks are trading for.
We also like the fact that verified eToro accounts take less than five minutes to open and that you can deposit funds instantly with a Visa, MasterCard, Paypal, Neteller, or Skrill.
This top-rated brokerage – which is regulated by the SEC, FCA, and other bodies – also offers Copy Trading tools and SmartPortfolios. These features allow you to invest passively.
68% of retail investor accounts lose money when trading CFDs with this provider.
2. Capital.com – trade share CFDs commission-free
Next up we have Capital.com – a heavily regulated brokerage site that allows you to trade shares via CFDs. In a nutshell, this means that you can speculate on the rise or fall of your chosen stock without actually owning any shares. In turn, this allows you to trade on a super cost-effective basis – as Capital.com charges nothing in commission.
At this top-rated platform, you will have access to thousands of US and foreign share markets – as well as ETFs, forex, commodities, and more. Another core feature offered by Capital.com is leverage. This allows you to enter positions with more money than you have in your account. Finally, Capital.com offers a mobile app – should you wish to trade share CFDs on the move.
Your capital is at risk.
In choosing the best shares to buy today – it’s a wise idea to build a basket of stocks from a wide spectrum of industries and sectors. In doing so, this will ensure that you are not over-exposed to a small number of companies.
In terms of where to buy the best shares in 2022 – eToro is the best broker for the job. Not only does this regulated platform offer thousands of shares at 0% commission – but you only need to meet a small minimum stock purchase of $10.
68% of retail investor accounts lose money when trading CFDs with this provider.
This article is part of a paid partnership with financial services company eToro.
The best stocks and shares to buy today – UKTN
Source link The best stocks and shares to buy today – UKTN