December 29, 2021

2 Giant Companies That Will Shine In 2022

 Who will be more successful in 2022?


Apple


Apple shares rose in pre-market trading on Tuesday with a positive record 5 consecutive sessions and are getting closer to reaching the company with a market value of US $ 3 trillion in history.


It rose 0.4% to US $ 180.96 before the trading session and based on performance it could reach US $ 3 trillion if its stock reaches a trade of US $ 182.86 or if it reaches as high as US $ 182.13 during the daily trading session this month.


2021 is a strong year for Apple with a 36% increase in its market value to reach US $ 2.96 trillion during Tuesday's closing session and it's up 200% since the world was shocked by the emergence of Covid-19 that forced the world to face a lockdown.



Apple stock continues to be a favorite stock due to its global popularity as well as the potential for new deals to sustain its sales growth in addition to a strong cash balance.


Tesla


Tesla is expected to enter 2022 in style as there is strong demand in China and the opening of new factories in the United States (US) and Germany.


According to Wedbush analyst Daniel Ives, shares of the electric car (EV) manufacturing company are expected to rise 30% next year and he expects component problems to improve further allowing Tesla to meet demand in China and raise production rates worldwide.


Tesla shares have posted a 55% gain pushing the market value past US $ 1 trillion and Ives estimates that by the end of 2022, Tesla will have a production capacity of 2 million cars per year.