2 Monster Stocks to Buy for 2022 That Are Practically Minting Money
Since March 2009, growth stocks have enjoyed a very strong rally mainly due to the easy availability of cheap capital, thanks to an extremely low-interest rate environment. However, many growth stocks seem to have lost their sheen in the last few months of 2021 and early 2022. Stickier-than-expected inflation, a resurgence in COVID-19 cases causing a drag on global economic recovery, ongoing labor shortages, and ineffective policies seems to have undermined investor sentiment.
Instead of putting their money in speculative businesses, investors are now going back to basics and are opting for safer investments -- companies with stable business models and robust cash flows. Against this backdrop, AbbVie (NYSE: ABBV) and Meta Platforms (NASDAQ: FB) could prove to be attractive picks for retail investors. Here's why.
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Source Fool.com
