There are literally thousands of publicly traded companies you can invest in, not to mention the many ETFs and mutual funds you can buy, so it's not surprising many investors don't know where to begin. While I don't have a crystal ball that tells me what stocks will deliver the best returns, I've tried to do the next best thing here. In this article, I'll discuss 10 stocks that I think could be great buys in 2022 for long-term investors looking to put money to work. Before we get to the stocks you're here for, let's acknowledge three caveats: Choosing the best stocks to buy today heavily depends on your personal financial situation. To get a feel for where you stand, read our guide on how to invest in stocks . It walks you through topics such as establishing an emergency fund, allocating assets, and when it makes sense to buy stocks. I like these stocks for long-term investments. I have absolutely no idea what they'll do over the next few weeks or months. While I ensured … [Read more...] about The Top 10 Stocks to Buy in 2022
Best double digit dividend stocks
JCY International narrows 2Q net loss on improved operational yields despite revenue fall
- A + A KUALA LUMPUR (May 18): Technology-related company JCY International Bhd saw its net loss for the second quarter ended March 31, 2022 (2QFY22) narrow to RM14.23 million from RM22.55 million a year ago driven by improved operational yields amid business recovery from the Covid-19 pandemic. However, the company’s quarterly revenue fell 9.06% to RM224.71 million from RM247.08 million mainly due to a general drop in shipments as a result of weaker market demand. On a quarter-on-quarter basis, the company sank into the red compared to a net profit of RM6.37 million in 1QFY22 on lower revenue and increase in raw material prices. Revenue fell 24.37% from RM297.11 million in the immediate preceding quarter. For the six months ended March 31 (6MFY22), JCY International’s net loss improved to RM7.89 million from RM40.28 million a year earlier. Six-month revenue declined slightly to RM521.82 million from RM523.94 million. The addressable market for hard disk drive … [Read more...] about JCY International narrows 2Q net loss on improved operational yields despite revenue fall
Bitcoin flexes dominance again as altcoins suffer bigger losses
- A + A (May 18): Bitcoin might be having a tough time of late, but it’s holding up much better than other cryptocurrencies, showcasing its ability to stay dominant during rough spells. The coin’s market-cap dominance has risen “sharply” during the latest selloff, reaching 45%, the highest level this year, according to data compiled by Babel Finance. It suggests “altcoins are at their worst,” the firm’s strategists wrote in a note. Even last week, as prices plunged amid the TerraUSD implosion, crypto fans added US$299 million to products focused on Bitcoin, with market-watchers suggesting that investors have been flocking to it as a better bet. “Bitcoin is the best-known and most-liquid cryptocurrency, so it is seen as the safest one,” said Matt Maley, chief market strategist at Miller Tabak + Co. “With massive drops of some members of this asset class in the past week, it’s no surprise that those who think it’s a good buying opportunity are focusing on the safest … [Read more...] about Bitcoin flexes dominance again as altcoins suffer bigger losses
NVIDIA (NVDA) Fined $5.5M for Failing to Disclose Crypto Mining Impact
Graphics chipmaker NVIDIA Corporation ( NVDA ) has agreed to pay $5.5 million to settle charges leveled by the Securities and Exchange Commission (SEC) that it failed to adequately inform investors about the demand cryptocurrency miners had placed on its graphics cards. Crypto mining involves obtaining rewards earned in cryptocurrency for verifying transactions on distributed blockchain ledgers. Key Takeaways NVIDIA has agreed to pay $5.5 million for failing to adequately inform investors about the demand cryptocurrency miners had placed on its graphics cards. The SEC claimed NVIDIA failed to report that crypto mining had generated significant revenue growth in two consecutive quarters during its 2018 fiscal year. In March 2021, NVIDIA released a new series of semiconductors called Cryptocurrency Mining Processor (CMP), specifically designed for mining Ether. Demand for the company's CMP hardware has slumped in line with sharp falls in cryptocurrency prices. … [Read more...] about NVIDIA (NVDA) Fined $5.5M for Failing to Disclose Crypto Mining Impact