Why Data and Tech Top My List for 2022 — and 3 Stocks to Watch

by | Dec 23, 2021 | Market Updates

Are you ready for my top 3 data stocks for 2022?

The past two years will prove to be one of the most transformative times in history.

The coronavirus pandemic has changed our way of life in ways that will never be quite the same…

We’ve found a new way of life where we barely have to leave our homes.

Millions of businesses have shown that they can be just as productive working outside of the office — and, in some cases, more productive.

We don’t even have to talk to anyone to buy dinner or go to the store to get groceries for the week if we don’t want to.

As more aspects of daily life involve a screen, companies that control how we use that screen — and the data that comes from it — are poised to benefit.

This so-called “metaverse” will continue to grow, and it will be an interactive community that we are only scratching the surface on right now. 

To help you focus on what’s ahead, I’ve put together a short list of stocks across four different industries I see having a monster 2022 And we’re starting with the top 3 data stock picks headed for my 2022 portfolio!

The New Money Crew Outlook and My Top 3 Data Stocks for 2022

Say what you want about Facebook/Meta, but CEO Mark Zuckerberg has been in the early stages of building this kind of virtual world that’s become entrenched in how millions of people live their lives.  

Zuck is leaning full tilt into this growing trend with his company’s recent rebrand from Facebook to Meta Platforms Inc. (Nasdaq: FB)

And sure… you see Facebook and may think it’s only a place for old people to post pictures of their kids and keep in contact… But Meta is more than just Facebook… 

Look at Instagram growth. The screen time on Instagram has turned the platform into a cultural tour de force, and revenues have jumped from under 10% to more than a third of Meta’s total revenue between 2017 and 2020, with an estimated 2020 haul around $24 billion. 

And we haven’t even touched Meta’s other tent pole, WhatsApp. For those who don’t know, WhatsApp is the world’s most popular instant messaging and online phone service.

The platform boasts more than 2 billion users and is wildly popular outside U.S., especially in India, where it has around 390 million users. 

All told, Meta controls three of the four most downloaded and most used apps in the world, all of which have quickly become a new way of life that’s constantly evolving.

The company had a rough back half of 2021 with criticisms of how it manages its platforms, and shares are currently over 14% off of September’s record high… 

But Meta is a name traders should buy on dips… and never look back. 

Check out the quick video below and I’ll break down the other two of my top 3 data stocks for 2022, and stay tuned to New Money Crew as I share more of my market outlook and top stocks for the year ahead! 

P.S. WealthPress Senior Strategist Roger Scott is going LIVE Tuesday, Dec. 28 at 1 p.m. EST to cover his top 3 predictions, his top sector, his No. 1 stock and his No. 1 stock to avoid for 2022!

Register for the FREE event here and get a FREE report!

WRITTEN BY<br>Lance Ippolito

WRITTEN BY
Lance Ippolito

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