3 STOCKS I'm BUYING in MAY 2022
The first stock I'm buying in May 2022 is Meta (Facebook) $FB . The stock is significantly down with fears concerning the number of users not growing and pressures from Apple $AAPL and Google on their ads business. I believe that the market has overreacted and at the current price, Facebook is undervalued.
The second stock I'm buying in May 2022 is Alinaba $BABA . The stock is down over 75% from all-time high and right now is undervalued. Despite all the risks and uncertainties surrounding tech stocks in China, we need to focus on the long-term. This is a business with great growth potential.
The third stock I'm buying in May 2022 is Activision Blizzard $ATVI . This is an arbitrage opportunity as the company will be acquired by Microsoft $MSFT in an all-cash transaction. Right now the spread on the deal is about 20%.
Watch the full video on YouTube:
Full analysis of Facebook: