The prices of the stock market are constantly moving, so many investors will naturally keep a close eye on their active trades. If you’re interested in getting involved with stock trading, then it’s important you keep up to date with the current highs and lows of the trading markets.
Due to the size of the market, as well as its volatility, this can sometimes feel a bit overwhelming for a novice, so we’ve compiled a list of some of the best value stocks to invest in in the new year.
Read on to find out more.
UWM Holdings Corp. (UWMC)
UWM Holdings is a wholesale mortgage creditor that originates, sell, and service housing mortgage loans, as well as government loans, throughout the entire United States. The company has 8,600 employees, and in November 2021, declared the launch of a product that excludes mortgage insurance, called MI Buster.
MI Buster targets mortgagors who invest more than 10% of their mortgage down, whereas traditional mortgage insurance needs at least 20% down payment. As a result, the company’s stocks are deemed as some of the best value stocks as of January 2022. Their 12-month price-to-earnings (P/E) ratio is also one of the lowest, at the time of writing — which usually indicates the business is cheap in comparison to its intrinsic value, and therefore the stock price may rise faster than that of others.
United States Steel Corp. (X)
Another one of this year’s best value stocks is the United States Steel Corp. This is a steel producer that conducts its operations in Central Europe and the United States. This company not only makes XG3 advanced high-strength steel, but also prepares extraordinary value-added steel products for a variety of industries, including the automotive, energy, construction, containers, appliance, and packaging industries.
Over the last 12 months, X stock has risen by over 40%, and analysts expect it to continue to rise by 15%. During the year so far, the stock has grown by $4.13% — making it one to buy.
Qurate Retail Inc. (QRTEA)
Qurate Retail is an outstanding company for providing eCommerce services that cover 218 million homes. The seven retail brands that help the company to operate its services are:
- HSN
- QVC
- Frontgate
- Zulily
- Garnet Hill
- Ballard Designs
- Grandin Road
Qurate Retail also partners with many eCommerce sites, television networks, mobile apps, social pages, streaming services, and even print catalogs in order to deliver digital commerce and video services.
The company is yet another whose stocks are deemed some of the best value stocks, as we go into the new year, with their P/E ratio also being low.
Deere & Co (DE)
Deere & Company was founded over 100 years ago, and specializes in manufacturing and distributing various equipment worldwide. The business focuses on four different sectors:
- Production and Precision Agriculture
- Agriculture and Turf
- Construction and Forestry
- Financial Services
DE was also recently named as an IBD Stock of the Day. Having posted five straight quarters of growth, the company has also reported a year of revenue increases. After plummeting earlier this month, it quickly rebounded back above its averages – and currently has a 386.65 buy point.
Microsoft (MSFT)
Tech company Microsoft is often one to watch – however, particularly in the coming months, it’s expected to make movements in the market. At the end of last year, the European Commission approved MSFT’s bid to buy Nuance Communications (NUAN).
This could make a significant difference, as the company looks to launch in other markets — namely, the healthcare technology and customer engagement solutions industries. Microsoft also reported a year-on-year increase of over 21%, while the stock grew by 40% last year.
