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June 17, 2022, 7:53 a.m. EDT

Northern-Bits Enlist Exciting Stocks To Buy For Huge Gains In June 2022

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Jun 17, 2022 (Vehement Media via COMTEX) -- London, UK — It’s been a rough year for stocks, with the S&P 500 ETF Trust /zigman2/quotes/209901640/composite SPY +0.29% falling 15% and Invesco QQQ Trust /zigman2/quotes/208575548/composite QQQ +0.25% shedding 25%. Investors have been fleeing from stocks like scared children, and even some of the best stocks to buy haven’t been immune to the sell-off. Northern-Bits broker says however, that while it may be tempting to give up on stocks altogether, now is actually a great time to start buying. After all, stock prices are typically more volatile in the short-term than in the long-term, so dips like this are to be expected from time to time. Over the long haul, stocks have historically outperformed other asset classes like bonds and cash, so patient investors who buy during periods of weakness are usually rewarded handsomely. Of course, picking individual stocks is no easy task, but there are plenty of resources available to help guide your decision-making process. So if you’re feeling brave, now may be the perfect time to start building your portfolio.

Now is a great time to invest in stocks! Prices are down from their recent highs, which means there are some great bargains to be had. And, the longer prices stay low, the more value stocks will have when they eventually rebound.

Meta Platforms (FB)

Meta Platforms /zigman2/quotes/233915825/delayed UK:METP +0.42% has been one of the market’s biggest losers this year, down 43% at its lows. The social media data analytics company has been caught in the crossfire of the broader market sell-off, as well as some specific issues of its own. However, Meta Platforms remains a strong company with a number of competitive advantages in its niche, and at current prices, the stock may be worth a closer look for long-term investors.

One of Meta Platforms’ main attractions is its attractive valuation. At current prices, the stock is trading at just 13.9 times forward earnings, well below the market average. This low multiple is even more impressive when you consider that Meta Platforms is growing its earnings at a healthy clip; analysts expect the company to report 16% earnings growth next year. When you factor in Meta Platforms’ strong fundamentals, the stock looks even more attractive.

Of course, no investment is without risk, and Meta Platforms is no exception. The company faces stiff competition from larger rivals like Facebook /zigman2/quotes/207160576/delayed CH:FB -1.87% and Twitter /zigman2/quotes/203180645/composite TWTR -0.30% . Whether you are trying to find love or just ridiculous videos of people doing stuff that would never happen in real life, Facebook is the place for everyone! With over 2 billion active monthly users and 90% coming from advertising revenue.

Cirrus Logic (CRUS)

Cirrus Logic has been one of the best stocks to buy for a while now. Even though it’s down about 17% from its 52-week high, that doesn’t compare with how much it was worth just last year! This company saves on manufacturing costs by designing chips and sending them out instead of having others do all work (aside from their fabricator); they also get access to some really interesting new tech without changing any product lines or adding additional overhead--just pure research efficiency savings which means more money in your pocket later when you sell these products – yay!!! So even though CRUS isn’t doing too badly considering where we are today financially speaking, it’s still a great stock to buy and hold onto for the long term.

The company has been making some big moves lately. On May 3, Cirrus’ president and CEO, John Forsyth, announced that for the fiscal year 2022, revenues increased by 30%. Going forward, he continued, “We expect to continue leveraging our expertise in data conversion and signal processing to capitalize on exciting opportunities in new applications markets.” Company GAPP’s gross margins were at 51 8%! In an earnings call discussing the announcement, Forsyth said that the company saw “exceptional growth in all of our major product lines.” He attributed this success to Cirrus’ focus on “innovation and execution.” cirrus has long been a leader in data conversion and signal processing, and it seems that their recent efforts are paying off. With continued strong performance, the company is poised to maintain its position as a top player in the industry.

Cirrus’ recent successes have been due to its expertise in data conversion and signal processing. They expect this trend will continue with exciting opportunities ahead, including new applications of those skills as well!

Disclaimer: Our content is intended to be used for informational purposes only. It is very important to do your own research before making any investment based on your own personal circumstances. You should take independent financial advice from a professional in connection with, or independently research and verify, any information that you find on this article and wish to rely upon, whether for the purpose of making an investment decision or otherwise.

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US : U.S.: NYSE Arca
$ 427.89
+1.24 +0.29%
Volume: 46.94M
Aug. 18, 2022 4:00p
US : U.S.: Nasdaq
$ 329.32
+0.83 +0.25%
Volume: 38.52M
Aug. 18, 2022 4:00p
UK : U.K.: London
£ 627.35
+2.65 +0.42%
Volume: 222.00
Aug. 18, 2022 4:35p
CH : Switzerland: SWX
CHF 210.00
-4.00 -1.87%
Volume: 0.00
April 22, 2020 6:35p
P/E Ratio
Dividend Yield
Market Cap
Rev. per Employee
$ 43.86
-0.13 -0.30%
Volume: 6.27M
Aug. 18, 2022 4:03p
P/E Ratio
Dividend Yield
Market Cap
$33.66 billion
Rev. per Employee

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