Best New Stocks to Buy in 2022

The equity market is ever-changing, with macroeconomic trends prompting certain new stocks to become popular. These new stocks sometimes come in the form of an IPO, although many are established companies that experience a sharp upturn in fortunes – leading to widespread investment from retail and institutional traders.

This guide presents the best new stocks to buy in 2022, discussing which companies have the highest potential before showing you how to make a stock investment today – without paying any commissions.

Your capital is at risk. 68% of retail investor accounts lose money when trading CFDs with this provider.

A Closer Look at the Best New Stocks to Invest in 2022

The majority of the best new stocks on our list are growth stocks, which have been going through a tough time due to rising inflation and rumoured interest rate increases. However, if you buy stocks regularly, you’ll know that these factors are cyclical – meaning these companies could be primed to bounce back soon.

With that in mind, let’s dive in and discuss the ten best new stocks on the market right now:

1. Lucky Block – Overall Best New Stock to Buy in 2022

Leading the way when it comes to the top new stocks on the market is Lucky Block. As you may be aware, Lucky Block is actually a cryptocurrency rather than a stock. However, because it is one of the most exciting assets released this year, Lucky Block takes first place on our list of the best new stocks to buy in 2022. Additionally, you may also be pleased to learn that there are a bunch of best DeFi stocks to research as the world of cryptos continues to expand.

Put simply, Lucky Block is an exciting crypto-gaming platform that looks to use the power of blockchain technology to offer regular prize draws. These prize draws will be driven by the platform’s growth – so the more people that use Lucky Block, the higher the rewards will be. In addition, since Lucky Block is hosted on the Binance Smart Chain (BSC), all transactions are publicly available, which boosts transparency.

One of the key elements mentioned in the Lucky Block whitepaper is that the platform functions by using LBLOCK – Lucky Block’s transactional token. Although this token is mainly used for buying lotto tickets and prize distribution, many investors have opted to buy Lucky Block for speculative purposes. This ended up being a savvy move back in January, as the price of LBLOCK rocketed over 3,000% after listing on PancakeSwap.

Momentum has died down since that point, although there are several reasons to be optimistic. Lucky Block has just released LBLOCK V2, which is an ERC-20 token and therefore compatible with numerous centralized exchanges. Finally, Lucky Block’s prize draws are set to go live in the next few weeks – with over 47,000 people in Lucky Block’s Telegram group eager to take part.

Cryptoassets are a highly volatile unregulated investment product.

2. Grab Holdings (NASDAQ: GRAB) – Asia-Based Company with Huge Growth Potential

Another of the best new tech stocks to be aware of is Grab Holdings. Grab Holdings is an Asia-based company that specializes in transportation and food delivery. Like Uber, Grab is fully digital and provides its services through a dedicated mobile app, leading it to become one of the region’s fastest-growing companies.

Grab Holdings could be one of the best penny stocks for 2022, as numerous analysts have displayed great enthusiasm over its growth prospects. The company’s recent fiscal 2021 results showed a revenue increase of 44% compared to fiscal 2020, with gross merchandise volume also growing by 29%.

However, Grab Holdings did produce a net loss of $3.55 billion last year – over $800 million more than in 2020. Although this does look worrying, the company has been on an acquisition spree and has partnered with the likes of McDonald’s and Starbucks. Ultimately, if these moves pay off, we could see a rebound in the share price, which is why Grab Holdings is one of the best new stocks to buy this year.

Your capital is at risk. 68% of retail investor accounts lose money when trading CFDs with this provider.

3. Tilray Brands (NASDAQ: TLRY) – Best Cannabis Stock to Invest In

Tilray Brands (commonly referred to as Tilray) has long been touted as one of the best cannabis stocks on the market – yet shares have struggled to live up to investor expectations. Tilray is technically a ‘pharmaceutical’ company yet specializes in producing cannabis and cannabis-related products. Although the company is based in New York, it cannot sell its products within the US.

This is due to federal legislation, so Tilray mainly operates across the border in Canada. As you might expect, this has drastically reduced the company’s target market, which has prompted investors to turn bearish over the past year.

However, recent news announcements hint that things may be looking up. Tilray’s recent earnings report highlighted a 23% revenue increase from the previous year, driven by a 32% increase in cannabis-based income. Finally, there are rumours that regulation could be passed soon which would allow companies like Tilray to sell their products within the US – meaning TLRY could be one of the best new penny stocks to invest in this year.

Your capital is at risk. 68% of retail investor accounts lose money when trading CFDs with this provider.

4. Rivian Automotive (NASDAQ: RIVN) – Exciting US-Based Electric Vehicle Company

When it comes to new electric car company stocks, Rivian is one of the most exciting. Put simply, Rivian is an American electric vehicle producer that focuses on manufacturing SUVs and pickup trucks to rival the likes of Tesla. The company made its first vehicle deliveries in late 2021 and has delivered over 900 vehicles since then.

Rivian was one of the best new IPO stocks last year, with shares rocketing by 68% in the days after the company went public. However, since peaking on November 16^th, the RIVN share price has plummeted and is now trading around the $32 level – 81% below the all-time high.

Much of this decrease can be attributed to supply chain shortages, which cause chaos for small companies like Rivian. Having said that, Rivian has exceptionally high demand for its products, with the company’s CEO expecting to deliver 25,000 vehicles this year. If this occurs, it’ll highlight that Rivian has turned a corner, providing scope to return to all-time highs – and potentially beyond.

Your capital is at risk. 68% of retail investor accounts lose money when trading CFDs with this provider.

5. Nikola Corporation (NASDAQ: NKLA) – New Electric Vehicle Company Set to Explode in 2022

Another of the best new stocks to consider adding to your portfolio is Nikola Corporation. Much like Rivian, Nikola Corporation focuses on producing electric vehicles. However, Nikola’s automobiles come in the form of pickup trucks and semi-trucks, appealing to a wide range of blue-collar industries.

As noted by Forbes, Nikola did not make any revenue whatsoever in 2021 since the company was still developing its vehicles. However, this changed in February 2022, as Nikola delivered its first two ‘Nikola Tre’ vehicles, with more expected to be sold in Q2 2022.

The company’s executives believe that Nikola can deliver between 300 and 500 vehicles this year, resulting in revenue of up to $150 million. Although this is small relative to other EV manufacturers, the company is still investing heavily in production and expects to improve its capacity exponentially in 2023. Although Nikola Corporation’s shares don’t look very promising at present, this could flip rapidly in the near future – meaning now could be a great time to buy at a discount.

Your capital is at risk. 68% of retail investor accounts lose money when trading CFDs with this provider.

6. Atlassian Corporation (NASDAQ: TEAM) – Best New Software Company to Invest In

One of the new tech stocks that has been catching investors’ attention is Atlassian Corporation. Usually referred to as Atlassian, this company is based in Australia and primarily develops software products for various industries. These mainly include ‘work management’ applications, which are crucial for businesses of all sizes.

The company recently decided to move all of its operations to the cloud, with any remaining physical servers being discontinued by 2024 at the latest. Although this is costing the company money in the short term, the move will bear fruit in the future, making it easier for clients to purchase additional Atlassian services.

Atlassian already has over 225,000 clients, which allows the company to spend vast amounts on R&D. Although this takes the emphasis off of marketing, it does enable Atlassian to innovate and stay ahead of competitors like Asana. Although TEAM shares are down by 48% from October 2021’s highs, this company’s future looks exceptionally bright, making it one of the best new stocks to add to your portfolio.

Your capital is at risk. 68% of retail investor accounts lose money when trading CFDs with this provider.

7. Upstart Holdings (NASDAQ: UPST) – New Growth Stock with Innovative Approach to Lending

Upstart Holdings is an AI-powered lending platform founded by several former Google employees that aims to take an innovative approach when it comes to consumer loans. After going public in late 2020, Upstart’s shares surged by over 1,500% over the following year, yet have lost the majority of their value since that point.

One of the most exciting things about Upstart is that it partners with banks and credit unions and uses AI-powered technology to determine whether a person is creditworthy or not. This removes the need for credit scores and makes the user experience far more appealing. Due to this, Upstart has exhibited solid growth in a financial sense, with 2021 revenue rising by 264% compared to 2020.

Upstart now has over 40 partners for providing credit, with more expected to be added this year. Since Upstart is AI-powered, the more time goes on, the better the algorithms will be – producing optimized results for customers. Although UPST shares have been beaten down in recent months, we believe this company has an exciting future, meaning it’s worth considering as an addition to your portfolio.

Your capital is at risk. 68% of retail investor accounts lose money when trading CFDs with this provider.

8. Opendoor Technologies (NASDAQ: OPEN) – Great New Stock for Exposure to the Real-Estate Industry

Another company to consider investing in by using the best stock trading apps is Opendoor Technologies. Opendoor is an exciting tech company focused on the real estate industry, offering a way for people to purchase properties in a wholly digital manner. Alongside this, Opendoor also buys properties, renovates them, and then re-lists them – netting a solid profit in the process.

This business model is great for sellers, as Opendoor’s ‘iBuying’ service will provide a cash offer for their home, removing the need for excessive broker fees. Now that Zillow has removed itself from this section of the industry, Opendoor has pretty much all of the market share, providing a tremendous growth opportunity for the business.

In Q3 2021, Opendoor sold nearly 6,000 properties and generated over $2 billion in revenue, which is impressive for a company of its stature. However, this is simply a drop in the ocean compared to the size of the broader US housing market. If Opendoor can continue expanding and attracting users, we should see the company (and its share price) grow over the coming year.

Your capital is at risk. 68% of retail investor accounts lose money when trading CFDs with this provider.

9. Palantir Technologies (NYSE: PLTR) – Popular Growth Stock Managed by PayPal Co-Founder

Palantir Technologies is a company that has attracted a great deal of attention since going public in late 2020, with shares being highly volatile in that timeframe. Founded by PayPal co-founder Peter Thiel, Palantir is a software company that focuses on ‘Big Data’ and provides analytics services to both governmental agencies and private companies.

Palantir sets itself apart from many new software companies by being consistently profitable and growing its client base. Although shares are down significantly since September 2021’s highs, much of this fall can be attributed to poor sentiment towards growth stocks in general, driven by inflationary fears and rumoured interest rate increases.

Palantir’s executives have gone on record as saying that they expect the company to produce annual revenue growth of 30% or more between now and 2025. According to Yahoo Finance, Palantir’s price-to-sales (P/S) ratio is only 15.49, based on the trailing twelve months. This highlights the shares could be undervalued relative to the company’s income – providing an exciting buy opportunity for speculative investors.

Your capital is at risk. 68% of retail investor accounts lose money when trading CFDs with this provider.

10. Devon Energy Corporation (NYSE: DVN) – Best New Stock to Buy for Passive Income

Rounding off our list of the best new company stocks is Devon Energy. Devon Energy is a hydrocarbon exploration company headquartered in Oklahoma that mainly focuses on petroleum and natural gas production. Since January 2021, the DVN share price has soared by 649% – and there could be more gains on the horizon.

As expected, Devon Energy has benefitted from the surging oil price driven by the Russia/Ukraine conflict. This allows Devon to produce more revenue for the same amount of produce, leading to considerable increases in free cash flow. Ultimately, the company’s financial position has allowed it to raise dividends every quarter, with yields now sitting at an impressive 6.77%.

This makes Devon Energy one of the best dividend stocks on our list, with this year’s stellar performance leading many to suggest that dividends may increase further in Q2 2022. Given that Devon’s execs recently announced a share repurchase program valued at $1.6 billion, we’d expect the share price to increase over the longer term – making DVN shares an exciting prospect for equity investors.

Your capital is at risk. 68% of retail investor accounts lose money when trading CFDs with this provider.

How to Find New Stocks to Invest In

Whether you’re searching for the best new stocks or the most undervalued stocks, it’s vital to know where to look. There are thousands of equities to choose from, with more being added every day, meaning that the number of potential opportunities can sometimes be overwhelming.

With that in mind, presented below are four ways to find new stocks in 2022 that have high growth potential:

Scan Social Media Sites

Social media is an excellent tool for finding exciting stocks to invest in – especially when it comes to new meme stocks. Many investors who chose to buy GameStop stock before the short-squeeze got their information from Reddit, which was the first social media network to become aware of the enormous growth opportunity.

Specific subreddits, such as r/WallStreetBets, often discuss the best new stocks to be aware of. Aside from Reddit, other networks like Twitter and Instagram are also great resources for stocks. However, it’s vital to keep in mind that the opinions on these sites are subjective – meaning you must combine them with your own research to get optimal results.

Keep Tabs on Market News

The stock market is ever-changing, meaning that major news announcements can happen anytime. Often, these announcements can force certain stocks into the mainstream consciousness – with Tilray being a prime example. Thus, it’s wise to keep tabs on major financial news sites to ensure you’re aware of the latest goings-on, enabling you to make investments at the right time. 

Look for Earnings Announcements

Earnings announcements are an excellent resource for finding new upcoming stocks. Within these earnings announcements, the company’s CEO or CFO will often talk about future plans – which may include an IPO for non-listed companies. In addition, keeping track of an exciting company’s financials can indicate whether there’s scope to go public in the near future, allowing you to get a head start on other investors.

Search for Upcoming IPOs

Finally, searching official websites for upcoming IPOs can be a great idea to find new stocks to watch. When it comes to US-based stocks, the websites of major exchanges like the NYSE or NASDAQ often have a page dedicated to upcoming IPOs. Reviewing this page regularly ensures that you don’t miss any investment opportunities, since IPOs often allow you to purchase shares at an attractive price point.

Where to Buy New Stocks

Now that we’ve covered the new stocks coming out and how to choose between them, let’s turn our attention to the investment process. Most of the best stock trading platforms will offer the companies listed above for investment. However, even though this improves accessibility, it can make it challenging to decide which platform to partner with.

Fortunately, we’ve researched and tested a selection of the top brokers and concluded that eToro is the best platform to purchase new stocks. You may have already heard of eToro, as the platform now boasts over 24 million registered users and offers more than 2,000 stocks to trade. In terms of security, eToro is regulated by the SEC, FINRA, and FinCEN within the US and the FCA and ASIC outside of the US.

eToro offers both real stock trading and CFD trading options – both of which are entirely commission-free. When opting for the latter, eToro enables traders to employ leverage of up to 1:5 and even short sell if they wish. The only fee to be aware of is the spread, which tends to remain competitive for highly-liquid stocks.

If you wish to buy stocks on eToro, the minimum deposit is only $10. This deposit can be made via credit/debit card, bank transfer, or e-wallet – with full support for PayPal. Notably, deposits are free to make, and eToro also charges no monthly account fees.

Finally, eToro also has a stellar reputation when it comes to trading features, with the platform’s ‘CopyTrader’ tool being widely-used. This tool allows traders to automatically copy the trades placed by other traders in real-time – offering scope to invest passively. Given that the average yearly profit of eToro’s 50 most copied traders in 2021 was 30.4%, the CopyTrader service is ideal for beginners and experienced investors alike.

Your capital is at risk. 68% of retail investor accounts lose money when trading CFDs with this provider.

Best New Stocks to Buy in 2022 – Conclusion

This guide has discussed a selection of the best new stocks to buy this year, covering what they are and why they are so highly regarded. Although new stocks are undoubtedly riskier to invest in, they can provide market-beating returns – making them an exciting prospect for investors with a higher risk tolerance.

If you’d like to invest in the best new stocks today, we’d recommend creating an account with eToro. This leading social trading platform is regulated by the FCA and the SEC, ensuring a significant degree of investor protection. In addition, eToro offers commission-free trading on over 2,000 stocks, meaning you’ll never miss an investment opportunity.

Your capital is at risk. 68% of retail investor accounts lose money when trading CFDs with this provider.

FAQs on the Best New Stocks to Buy Right Now