1 Top Stock to Buy for 2022 and Beyond
As the new year approaches, many people are likely taking a look at their finances and reevaluating their investments. In an environment with high inflation and interest-rate hikes on the horizon, it's probably difficult for many investors to know what to buy as the investment needs to be extremely resilient. Further, carrying a large cash position is likely a bad idea since cash loses value during inflationary periods. So this intensifies the urgency for finding a good investment.
Individual stocks -- particularly ones that appear undervalued -- could prove to be a good idea for new capital going into the new year. One idea is Amazon (NASDAQ: AMZN), which is growing rapidly and possesses an extremely resilient business model.
Image source: Amazon.com.
Source Fool.com
