5 Christmas stocks to buy for Happy Holidays 2022
As the holidays are close, everyone is in a rush to finish work and go shopping for loved ones. This time of the year smells like hot chocolate, gingerbread cookies … as well as new investing opportunities. While the jingle bells are ringing, the stock market is singing for the buy orders!
When you think of shopping for Christmas, mostly a few things come to your mind – something like Christmas socks, “ugly” sweaters, perfect tea cups, and other holiday-themed gifts, but what about stocks?
Christmas and the beginning of the new year are actually one of the best periods for buying stocks – which is called the “Santa Claus Rally”. This phenomenon causes an increase in the stock market during the last week of the year and a few days of the new year. This is a green light for investing and your sign to buy stocks!
The top 5 stocks to buy this Christmas
So, what are the hottest stocks to buy before the rally begins? Here are the top 5 stocks that are expected to make your holiday mood cheer up and your portfolio happy!
Amazon.com
- Ticker: AMZN
- Price: $85
- Market Cap: $ 866,32 billion
Amazon’s market cap in December 2022 reaches $866,32 billion, which makes it the world’s 5th most valuable company by market cap. And since the holidays are approaching, the company will generate high sales, so this is the perfect time to buy some Amazon stocks before the price goes up!
Target Corporation
- Ticker: TGT
- Price: $144,65
- Market Cap: $ 66,58 billion
Target is a retail company that has a very high potential of reaching high sales at the end of December, and with the online program that brought positive results, the company aims for a successful closing of the year. Although the stock had a slight decrease in November, this seems to be a good entry point for investing in Target shares.
Walmart
- Ticker: WMT
- Price: $142,80
- Market Cap: $ 385,10 billion
Walmart is another retail giant that has recently expanded its online offerings, and since the market cap reached $ 385,10 billion, it made it the world’s 15th most valuable company, and the hot opportunity for investors!
Exxon Mobil
- Ticker: XOM
- Price: $105,17
- Market Cap: $ 433,09 billion
The energy giant is up 81% in 2022, including the 16% hike in the last three months. According to the third-quarter results which turned out to be better than expected, and by the plan to reduce operating costs, this company is expected to skyrocket in 2023! Invest in Exxon Mobil stocks as right now this could be the perfect time to secure some for yourself and count the profit while sipping hot chocolate and enjoying the Christmas mood.
Coca Cola
- Ticker: KO
- Price: $62,84
- Market Cap: $ 271,75 billion
Can you imagine Christmas without magical Coca-Cola commercials? We neither, and we like the fact that Coca-Cola is making real magic this Christmas with the stock price increase! Buy some Coca-Cola to refreshen during the festive dinner, and don’t forget to consider buying some stocks too as you might be thankful later when your portfolio turns all green!
Now that you know the Santa Clause Rally is getting closer, hurry up and invest in the festive Christmas stocks that might launch your profits to the skies! Add some holiday magic too by making the Christmas lights turn green, just as your portfolio!
