3 Growth Stocks that Could Double in 2022
Since the onset of the COVID-19 pandemic, companies that are well positioned with digital tools or that deliver mainly online services have generally performed better than brick-and-mortar ones. Some have even thrived during the downturn because of a sharp surge in online activity caused by border closures and stay-at-home orders. Popular sectors that received a boost include cloud computing, social media, online payments, and software-as-a-service (SaaS).
Many of the companies that benefited from telecommuting and the online shift can still do well next year as these trends should persist. Human habits have been permanently altered by the convenience and ease of working and communicating online, and this practice looks here to stay. These tailwinds should sustain into 2022 and help these businesses to grow both their top and bottom lines.
Here are three stocks with attractive characteristics that could perform spectacularly in the New Year.
Source Fool.com
