If you’re looking to build a portfolio of stocks and shares, the best long-term strategy to take is to ensure that you are well diversified. This means investing in a basket of stocks from a variety of industries and sectors.
If you’re looking for a bit of inspiration, this article will explore the 10 best shares to buy today.
List of the best shares to buy today
We found that the best shares to buy in 2022 are the 10 companies below, which are listed on stock platform eToro.com.
- Procter & Gamble – overall best shares to buy today
- Coca-Cola – best shares to buy today for dividends
- Nvidia – large-cap stock dominating the GPU industry
- AT&T – undervalued stock to buy right now
- Tesla – one of the best shares to buy now for growth
- Bank of America – top financial stock that continues to outperform the market
- Johnson & Johnson – blue-chip stock for long-term investors
- Marriott International – top hotel shares to add to your portfolio
- Canopy Growth – cheap stock to gain exposure to the legal cannabis industry
- Apple – huge global brand awareness with significant stockpiles of cash
You will find our full analysis of the above stock picks next.
Best shares to buy today – full analysis
This section discussed 10 top-rated stocks that you might consider adding to your portfolio today.
Not only do we cover a good selection of sectors, but we also discuss companies at various stages of their business.
Read on to find the overall best shares to buy today.
1. Procter & Gamble – overall best share to buy today
Procter & Gamble is one of the most established companies in the US – with the firm’s roots dating back to 1837. The company specializes in consumer goods and is behind a wide portfolio of popular brands.
This solid corporation is arguably one of the best shares to add to your portfolio – as it falls within the category of a staple stock. This simply means that Procter & Gamble products are in demand irrespective of how the economy is performing.
In terms of growth, Procter & Gamble shares are up 85% over the prior five years. The stocks have increased by 22% on a 1-year basis. Moreover, Procter & Gamble offers a stable dividend policy, which, as of writing, is offering a running yield of just over 2%.
2. Coca-Cola – best shares to buy today for dividends
If you’re in the hunt for the best shares for dividends – look no further than Coca-Cola. This large-cap stock is one of the best dividend payers in the market – not least because it has increased the size of its annual distribution for almost 60 consecutive years.
There is no reason to believe that this consecutive annual increase will end any time soon – so Coca-Cola will appeal highly to those seeking consistent income payment. In terms of share price growth, Coca-Cola is up 25% over the prior 12 months.
3. Nvidia – large-cap stock dominating the GPU industry
Nvidia is one of the largest companies listed on the NASDAQ – with a market capitalization of over $600 billion as of writing. This stock is largely involved in graphics processing units (GPU), albeit, it has since diversified into computing chips, automotive technology, and mobile hardware.
Although Nvidia is already home to a huge valuation, it is still one of the fastest-growing stocks of the prior five years. For instance, Nvidia stocks have grown by 87% and 864% over a 1-year and 5-year basis respectively.
4. AT&T – undervalued stock to buy right now
The stock performance of AT&T over the past few years has been nothing short of a disaster. For example, the stocks are down almost 35% over the prior five years and a more modest loss of 6% on a 1-year basis.
However, AT&T is still the world’s largest telecommunications company and moreover – the firm is still progressing through its much anti[icipated 5g rollout. At current prices, AT&T represents one of the best shares to buy today in terms of value. As of writing, you’ll also have a juicy running yield of 7% to fall back on.
5. Tesla – one of the best shares to buy now for growth
Although Tesla is now a trillion-dollar company that has been trading on the NASDAQ for over a decade, the firm is still viewed by many as a strong growth stock. After all, in the prior five years alone, the EV maker has seen its shares increase by almost 2,000%.
Since its IPO debut in 2010, this growth figure stands at an impressive 25,000%. Crucially, Tesla didn’t report its first full-year profit until early 2021 – meaning that it was running at an annual loss since it was founded in 2003.
This says to us that there is still plenty of upside potential left on the table for Tesla shareholders – especially when you look at how quickly its EV sales numbers are increasing.
6. Bank of America – top financial stock that continues to outperform the market
Although many financial stocks have struggled in recent years – this couldn’t be further from the truth in the case of the Bank of America. On the contrary, this top-rated banking firm continues to outperform market expectations.
For example, the KBW Bank Index – which tracks the market performance of the 24 largest financial institutions in the US – has grown by 53% on a 5-year basis. In comparison, the value of Bank of America shares has increased by 105% over the same period.
7. Johnson & Johnson – blue-chip stock for long-term investors
While growth stocks can give you the opportunity to make above-average market gains, blue-chips provide your portfolio with some much-needed stability. And one of the best shares to buy today for this purpose is Johnson & Johnson.
Although your potential returns are likely to be modest, Johnson & Johnson is home to a rock-solid portfolio of products and services that are always in demand. The blue-chip stock is a Dividend King just like Coca-Cola – so income investors are catered for too.
8. Marriott International – top hotel shares to add to your portfolio
Virtually the entire hotel and hospitality sector has struggled since the pandemic began in 2020 – not least because of global lockdown measures and broader travel restrictions. However, Marriott International – which is the largest hotel chain globally, continues to perform well.
For instance, the stocks are up 21% and 82% over a 1-year and 5-year period – and the firm is now commanding a market capitalization of over $50 billion as of writing.
Even more importantly, throughout the pandemic, Marriott International continued to invest money into its global expansion program. And, in late 2021, the hotel giant reintroduced its dividend policy.
9. Canopy Growth – cheap stock to gain exposure to the legal cannabis industry
Legal cannabis – both in terms of recreational and medical usage, is an industry that many investors are keeping an eye on. Over the course of the past decade, more and more governments have relaxed cannabis-related laws, which has since opened up the doors to growers, retailers, and auxiliary service providers.
At the forefront of this is Canopy Growth – a TSE and NASDAQ-listed producer of legalized marijuana. Crucially, this stock is down over 77% in the prior year alone – which means that if you are a firm believer in the future of the legal cannabis industry – you can invest at a huge discount. As such, Canopy Growth could be one of the best shares to buy today.
10. Apple – huge global brand awareness with significant stockpiles of cash
To conclude our list of the best shares to buy today – it’s also worth considering Apple. This tech-powerhouse is the largest US-listed stock in terms of market capitalization, which, as of writing, stands at over $2.7 trillion.
Moreover, Apple is still stockpiling its huge cash reserves, which are once again creeping towards the $200 billion figure. This will subsequently allow the business to continue its diversification objectives – especially in its services division.
Where to buy the best shares today – top brokers
Once you have decided which shares to buy today – you can then proceed to invest in your chosen stocks online.
But, you must first open an account with a stock broker that offers low fees and a strong regulatory framework.
In your search for the best platform to buy shares – consider the pre-vetted brokers reviewed below.
1. eToro – overall best platform to buy shares in 2022
All of the companies that made our list of the best shares to buy today are available at eToro on a commission-free basis. In fact, the platform is home to a total portfolio of stocks that not only runs into the thousands – but across 17 markets. This includes stocks listed on the two primary US exchanges, as well as in Europe, Asia, and more.
eToro – which is used by more than 20 million registered users, will also appeal to those on a budget. This is because US and UK investors can get started with an account by depositing just $10 ($50 elsewhere). Furthermore, you can invest in any of your chosen shares from just $10 – regardless of how much the stocks are trading for.
We also like the fact that verified eToro accounts take less than five minutes to open and that you can deposit funds instantly with a Visa, MasterCard, Paypal, Neteller, or Skrill.
This top-rated brokerage – which is regulated by the SEC, FCA, and other bodies – also offers Copy Trading tools and SmartPortfolios. These features allow you to invest passively.
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68% of retail investor accounts lose money when trading CFDs with this provider.
2. Capital.com – trade share CFDs commission-free
Next up we have Capital.com – a heavily regulated brokerage site that allows you to trade shares via CFDs. In a nutshell, this means that you can speculate on the rise or fall of your chosen stock without actually owning any shares. In turn, this allows you to trade on a super cost-effective basis – as Capital.com charges nothing in commission.
At this top-rated platform, you will have access to thousands of US and foreign share markets – as well as ETFs, forex, commodities, and more. Another core feature offered by Capital.com is leverage. This allows you to enter positions with more money than you have in your account. Finally, Capital.com offers a mobile app – should you wish to trade share CFDs on the move.
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Your capital is at risk.
Conclusion
In choosing the best shares to buy today – it’s a wise idea to build a basket of stocks from a wide spectrum of industries and sectors. In doing so, this will ensure that you are not over-exposed to a small number of companies.
In terms of where to buy the best shares in 2022 – eToro is the best broker for the job. Not only does this regulated platform offer thousands of shares at 0% commission – but you only need to meet a small minimum stock purchase of $10.
>>> Buy Shares at 0% Commission on eToro Now <<<
68% of retail investor accounts lose money when trading CFDs with this provider.
This article is part of a paid partnership with financial services company eToro.
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