Stock investment Introduction
Stock investment is incredibly in trend right now. However, stock investments are profitable if invested mindfully for the long term. A long-term investment is an excellent strategy to build wealth gradually and patiently. There are investment platforms to maximize your returns. Check out Motley Fool vs Stock Rover. If you’re a more hands-on investor, Stock Rover may be for you. It’s best for experienced investors, but beginners should not rule it out.
Stock investment lets you buy a percentage of ownership of a business. As the profit of the business increases, so makes the profit of your investment. So, if you are good at spotting profitable stocks, you can make a good amount of money on the stock market.
If you are one of those patient investors to invest in stocks that bring higher amounts of profit in the long term, you need to check out the list of stocks that I have talked about in this article.
In this article, I have provided an excellent list of several stocks to invest in in 2022. Here are some of the best stocks to invest in.
HDFC Bank
The HDFC bank, led by Aditya Puri, is one of the leading banks in India. It was established in 1994 and had been growing ever since. According to many analysts, the reason behind the success of HDFC bank is the retail loans. Since 50% of the banks’ loan books are associated with retail loans, the experts conclude it to be the reason.
The NPA ratio of the bank has remained 0.5% since the first quarter of FY 20-21. The NPA ratio was 0.17% of the net advances during the July to September quarter. The net profit of the HDFC bank has risen at a CAGR of 16.27% during the last five fiscal years. Therefore, this bank is one of the best stocks to buy in 2022.
Reliance
Starting as a textile company in the 1950s, Reliance became the biggest business in India. The company has diversified itself into several categories and dominated various industries. The core of the reliance business is based on Petrochemical, oil, and gas.
Besides investing in the HDFC bank stocks, you can invest in HDFC itself. Housing Development Finance Corporation or HDFC is the parent company of HDFC bank. Since its inception in 1977, HDFC claims to have financed seven million houses. The profit increase of HDFC was at a CAGR of 20.19%.
How to make money in stocks? If you are still not at this level of understanding stocks then you can start investing. And you can start with HDFC.
If you are considering investing in a stock for a run of the next ten years, you may consider doing it on HDFC since it has growth potential in the long run. Once you know how to make money on stocks, you can start your investment.
Asian Paints
Besides growing in India, Asian Paints has expanded its business in twenty other countries. The company first started in the 1950 s, and the profit margin of this company has grown exponentially over the last seven decades. The Asian Paints stock has returned around 951% in the past ten years. It is one of the best stocks to invest in.
Bajaj Finance
In the first ten years, bajaj finance stock has been returning almost 7973% returns. It is one of the incredibly profitable stocks to invest in in 2022. The small ticket loans of Bajaj finance have helped in avoiding debt rubble. Bajaj Finance is a subsidiary of Bajaj Finserv Ltd. If you are looking for a good stock to invest in, Bajaj Finance will be a great choice given its potential in the stock market.
Hindustan Unilever
One of the largest companies in India is Hindustan Unilever. Lifebuoy, Hindustan Unilever, Clinic Plus, Vim Bar, Bru Coffee are some of the brands under this company. The company dates back to 1933 and has been profitable during its journey as a business.
According to January 2021, the company has outperformed Sensex by giving 680% returns. As a result, the company is an excellent option for returning a large amount of money through stock investment.
Bharti Airtel
The company airtel came into existence in 1995 when Mittal secured a place within the spectrum auction. It was the first company in India to set up a payment bank. As of 2020, Bharti Airtel surpassed Join by adding the most subscribers to their business. Although it is currently the highest subscriber holder, the Airtel company is also a great stock that you can invest in.
SBI
With around 24000 branches spread across India, SBI is the largest lender in India. There are also around 150 branches of the State Bank of India across 35 other countries. The net NPA of the SBI has been through several ups and downs. However, if you want to invest in any stock for the long term, SBI is one of the best options you can choose in 2022.
You must check the stock price and analyze it before investing. You can go to Google and check the stock price. For instance, you can search eua share price.
Conclusion
There are many stocks to look for when considering stock investment. You can choose from the stocks that I have mentioned in this article. SBI, Asian Paints, Hindustan Unilever are some of the most profitable stocks for long-term investments.