Top stocks under US$1,000 to explore in 2022

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Top stocks under US$1,000 to explore in 2022

 Top stocks under US$1,000 to explore in 2022
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Highlights

  • Meta Platforms, Inc. (NASDAQ: FB) expects its fourth-quarter fiscal 2021 revenue to be between US$31.5 billion and US$34 billion.

  • Salesforce.com Inc. (NYSE: CRM) expects its Q4, FY22 revenue to be between US$7.224 billion and US$7.234 billion.

  • The Ford Motor Company (NYSE: F) stock jumped over 130% YTD.

Stock markets saw strong gains in 2021 despite the Covid-19 pandemic. The companies posted significant revenue growth in their quarterly reports, lifted by consumer demand.

Here we explore five stocks that are under US$1,000, gave a solid performance in 2021, and could be worth considering in 2022.

Also Read: Why Red Cat Holdings (RCAT) stocks jumped Wednesday?

Meta Platforms, Inc. (NASDAQ: FB)

Meta Platforms, formerly Facebook, is a technology company based in Menlo Park, California. It is the parent company of Facebook, WhatsApp, and Instagram.

The shares of the company traded at US$331.31 at 12:30 pm ET on December 22, down 0.86% from their closing price of December 21. Its stock value increased by 24.27% YTD. It has a market cap of US$934.95 billion, a P/E ratio of 23.67, and a forward P/E one year of 24.03. Its EPS is US$14.01.

The 52-week highest and lowest stock prices were US$384.33 and US$244.61, respectively. Its trading volume was 16,116,780 on December 21. The revenue was US$29.01 billion in Q3, FY21, representing an increase of 35% YoY. Its net income came in at US$9.19 billion, or US$3.22 per diluted share, compared to US$7.84 billion, or US$2.71 per diluted share in Q3, FY20.

The company expects its fourth-quarter fiscal 2021 revenue to be between US$31.5 billion and US$34 billion.

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Top stocks to explore under US$1,000 in 2022

Source: Pixabay

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Exxon Mobil Corporation (NYSE: XOM)

Exxon Mobil Corporation is an oil and gas company based in Irving, Texas. It focuses on exploring, producing, trading, and transporting crude oil and natural gas. In addition, the firm manufactures petroleum products, petrochemicals, and other related products.

The stock of the company was priced at US$61.355 at 12:44 pm ET on December 22, up 1.41% from its previous closing price. The XOM stock rose 45.78% YTD. The market cap of the company is US$259.00 billion, and the forward P/E one year is 12.08. Its EPS is US$-1.39.

The stock saw the highest price of US$66.38 and the lowest price of US$40.97 in the last 52 weeks. Its share volume on December 21 was 19,798,890.

The company's total revenue and other income were US$73.78 billion in Q3, FY21, compared to US$46.19 billion in the year-ago quarter. Its attributable net income was US$6.75 billion, or US$1.57 per share, against a loss of US$680 million, or a loss of US$0.15 per share in Q3, FY20.

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Salesforce.com Inc. (NYSE: CRM)

Salesforce is a cloud-based technology company based in San Francisco, California. It offers customer relationship management (CRM) software that provides customer service, marketing automation, analytics, and other related services to clients.

The shares of the company traded at US$251.72 at 12:51 pm ET on December 22, down by 0.33% from their closing price of December 21. Its stock value increased by 14.63% YTD.

The firm has a market cap of US$248.40 billion, a P/E ratio of 139.33, and a forward P/E one year of 104.36. Its EPS is US$1.81. The 52-week highest and lowest stock prices were US$311.75 and US$201.51, respectively. Its trading volume was 5,428,209 on December 21.

The company's revenue rose 27% YoY to US$6.86 billion in Q3, FY22. Its net income came in at US$468 million, or US$0.47 per diluted share, versus US$1.08 billion, or US$1.15 per diluted share in Q3, FY21.

It expects its Q4, FY22 revenue to be between US$7.224 billion and US$7.234 billion, representing an increase of 24% YoY.

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Top stocks under US$1,000 to explore in 2022

Berkshire Hathaway Inc. (NYSE: BRK.B)

Berkshire Hathaway is based in Omaha, Nebraska. The firm, through its subsidiaries, offers a range of services in the financial, energy, utilities, transportation, and manufacturing sectors.

The stock of the company was priced at US$293.64 at 1:05 pm ET on December 22, up 0.14% from its previous closing price. The BRK.B stock rose 28.4% YTD.

The market cap of the company is US$656.86 billion, and the P/E ratio is 7.907. The stock saw the highest price of US$301.58 and the lowest price of US$222.61 in the last 52 weeks. Its share volume on December 21 was 3,931,134.

The company's revenue was US$70.58 billion in Q3, FY21, compared to US$63.02 billion in the same quarter of the previous year. Its net earnings came in at US$10.64 billion, or US$4.59 per share, compared to US$30.41 billion, or US$12.66 per share in Q3, FY20.

Also Read: Yearender: Five S&P 500 stocks that gave over 100% return on equity

Top stocks: FB, XOM, CRM, BRK, F,

Also Read: Yearender: Consumer stocks that created a buzz in 2021

Ford Motor Company (NYSE: F)

Ford Motor is an automobile manufacturing firm based in Dearborn, Michigan. It designs, manufactures, and sells cars, trucks, utility vehicles, etc. It also has interests in EVs.

The shares of the company traded at US$20.065 at 1:40 pm ET on December 22, up 2.32% from their closing price of December 21. Its stock value soared 130.16% YTD.

The firm has a market cap of US$80.62 billion, a P/E ratio of 28.82, and a forward P/E one year of 10.43. Its EPS is US$0.70. The 52-week highest and lowest stock prices were US$21.49 and US$8.43, respectively. Its trading volume was 58,930,940 on December 21.

On a GAAP basis, the company's revenue was US$37.5 billion in Q3, FY21, compared to US$35.7 billion in the year-ago quarter. It reported a net income of US$2.4 billion, or US$0.60 per diluted share, compared to US$1.8 billion, or US$0.45 per diluted share in Q3, FY20.

Also Read: Yearender: Top 5 shipping and logistics stocks of 2021

Bottomline

The S&P 500 index rose 24.68% YTD and 8.72% QTD. However, investors should closely evaluate the companies and the overall market before investing in stocks.

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