HCP - Growth Stocks 2022 -- My 5 Favorite Stocks to Watch
Today, I am bringing you my five favorite growth stocks for 2022 that I currently do not own. These stocks are on my watchlist, and I would like to add them to my long-term investing portfolio. These are high-growth stocks to hold for the next 10 years.
Four of the five stocks covered were red-hot IPOs in 2021. I personally would like to see a couple more earnings reports, as well as lower prices, before starting a position. With the stock market correction and growth stocks crashing, opportunities will continue to present themselves. The below video will help you prepare your shopping list for stocks to buy in 2022.
My favorite stock on this list is HashiCorp (NASDAQ: HCP) . The company was founded in 2013 to enable IT collaboration and automation. In a nutshell, it allows users to define infrastructure as code throughout the entire life cycle, from development and testing to deployment and operations. HashiCorp's open-source products support cloud, private, and hybrid environments. The company believes that "infrastructure enables innovation," and it offers a suite of solutions that assist businesses with cloud adoption by simplifying infrastructure challenges with provisioning, security, networking, and deployment of applications.
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Growth Stocks 2022 -- My 5 Favorite Stocks to Watch