New report on the best stocks to buy in 2022. Yes, you read that right. It’s not too early to think about investing for the upcoming decade. However, the sooner you get started, the better your chances of building a strong portfolio and growing wealth over the long term. With that in mind, we’ve outlined our top three direct marketing stocks to buy in 2022 and beyond.
Chewy
Chewy, Inc. is an e-commerce company that sells pet food and other related products. Founded in 2012, the company has grown rapidly since its inception, with revenue increasing at a compound annual growth rate (CAGR) of 103.5% in 2012. Although Chewy is still in the process of maturing, it offers investors a stable, cash-rich platform for growth now and in the future. Chewy’s business model is based on serving as a middleman between pet owners and their local veterinarians. The company purchases food and other supplies from suppliers and resells them through its website at a significant markup. As a result, Chewy earns profit from the difference between its products’ retail and wholesale prices. Although this model does not generate as much profit as other businesses, it has allowed Chewy to scale quickly and win over a significant portion of the online pet product market. Chewy has achieved this through aggressive marketing campaigns and an innovative subscription-based pet product delivery model.
Dada Nexus
Dada Nexus is an artificial intelligence (AI) company that develops software for the healthcare industry. The company was founded in 2014 to create AI systems that could read medical imaging devices and assist doctors in making diagnoses. Recent advancements in AI have allowed Dada Nexus to achieve this goal, and the company now offers various software systems to assist medical professionals. Dada Nexus’ flagship product is Dragon Medical, a software designed to read and interpret electrocardiograms (EKGs) and other medical imaging devices. The system allows doctors to quickly identify abnormalities and make informed diagnoses. Dragon Medical is just one of several AI products that Dada Nexus offers through its Dada Health subsidiary. The company also sells a program for tracking employees’ health, a program for managing diabetes, and another for managing employees’ health insurance.
Etsy, Inc.
Etsy, Inc. is a social e-commerce company that connects users worldwide through online marketplaces for handmade goods and other artisanal products. Founded in 2005, the company has grown rapidly since its inception, with revenue increasing at a CAGR of 35.2% in 2005. Etsy’s business model is based on a straightforward transaction between buyers and sellers. The company charges a small fee for each sale and uses that revenue to manage its platform and promote its products to users worldwide. As a result, Etsy has leveraged its massive user base to grow its business and become a leader in the social e-commerce industry. The company’s website has more than 28 million active users and hosts more than 1 million active sellers.
ShockWave Medical
ShockWave Medical, Inc. is a medical device company that develops products designed to treat pain and injuries. The company’s flagship product, the Pain-Free Stimulation Device (PFSD), is a wearable device that uses high-frequency electrical impulses to treat pain caused by injured muscles and joints.ShockWave Medical was founded in 1999 and has since developed numerous products for the sports and medical industries. The company’s products treat tennis elbow, knee pain, back pain, and arthritis. Most of ShockWave Medical’s products are currently sold to health care providers, but the company is currently working on the development of a home treatment device. The PFSD device, expected to be released in 2020, will be marketed to consumers and used to treat pain in the lower back and legs.
Conclusion
As you can see from our analysis, there are several excellent direct marketing stocks to buy in 2022. Whether you’re interested in investing in e-commerce, artificial intelligence, or medical devices, there is a stock for you. The direct marketing industry is expected to grow steadily over the next decade, making it a great place to invest your money for the long term.
Read More: Top Direct Marketing Stocks To Buy In 2022