2 Top Stocks to Buy for the New Year
With talks of likely interest rate hikes from the Federal Reserve in 2022 and the coronavirus pandemic still making the rounds, one key characteristic investors should look for in investments going into the new year is resilience. In other words, some good traits to look for are valuations that make sense relative to a company's growth trajectory and market opportunity, and durable business models with proven track records. While there's no way to avoid volatility, owning resilient companies can at least help investors better weather near-term challenges (mentally and emotionally) since they know their investments have what it takes to endure.
Two companies that fit this description are Meta Platforms (NASDAQ: FB) and Tractor Supply Company (NASDAQ: TSCO). Here's a look at why both of these stocks are good bets for 2022 and beyond.
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Source Fool.com