In this video, I talk about three stocks that could beat the market in 2022. You can find the video below but here are some highlights.
Meta Platforms
- According to eMarketer, among U.S. gamers, Facebook Gaming is the most popular destination for viewing live gameplay, ahead of Twitch and YouTube Gaming.
- Earlier this month, Instagram surpassed 2 billion monthly users. Not bad considering all the headwinds it has faced this year.
- In 2012, Meta Platforms (META 1.97%) bought Instagram for $1 billion. Today, the app is estimated to be worth more than $600 billion. This means you're getting all the rest of the business for $300 billion -- a bargain.
- Qualcomm's CEO revealed in November that more than 10 million Oculus Quest 2s have been sold. Today, Oculus is the top downloaded app on Apple's App Store.
Tesla
- In 2022, Giga Berlin and Giga Texas go online. Giga Shanghai will get bigger. With a continued 50% growth year over year, I expect Tesla (TSLA 6.24%) to deliver close to 1.5 million vehicles in 2022.
- The launch of FSD Beta in Europe might happen in mid-2022, pending regulatory approval.
- Tesla's energy side of the business is expected to pick up the pace with increased sales of its Megapack utility storage unit, Powerwall storage device, and solar panels.
- The competition is still far behind -- not only on the tech side, but they still need to sell ICE vehicles to stay in business. Tesla, on the other hand, focuses on EVs, which it's been doing since day one.
Mercadolibre
- Latin America is currently the fastest-growing market for e-commerce in the world, yet this growth is still just a small fraction of the total retail market. According to Insider Intelligence, e-commerce in Latin America grew to $85 billion in 2020, up 37% year over year. This accounts for only 6% of all retail sales in the region, representing a six-year lag compared to global e-commerce penetration of 18%.
- Mercadolibre (MELI 4.05%) could be seen as the Amazon of Latin America.
- The company has four of its local websites among the top 10 e-commerce players in Latin America.
- The average analyst price target sees a 65% upside for the stock.
For the full insights, watch the video below and consider subscribing.
*Stock prices used were the closing prices of Dec. 27, 2021. The video was published on Dec. 28, 2021.
