4 Sectors to have in your stock portfolio in 2022 - AI, 5G Technology, Electric Vehicles, Digitalisation

The stock market is a dynamic place. It is constantly evolving, so one has to stay ahead of the curve with suitable investment strategies to earn profits and attain financial goals. As you step into the New Year, you may want to keep an eye open for some stock market stocks for better returns. Here are four stock market sectors you can consider:

• Artificial Intelligence (AI):

Artificial Intelligence is no longer the future but the present. The AI industry is booming and is only expected to grow substantially in the near future. Research shows that the global AI market is expected to grow more than $554 billion in revenue by 2024. Internet of Things (IoT), smart appliances, machine learning, etc., are slowly becoming a part of every primary industry. If you are looking for stocks to buy in 2022, AI companies like Tata ELXSI, Zensar Technologies, Happiest Minds, etc., can be a few good options.

Also Read: 6 Questions To Ask Before You Invest In A Stock

• 5G Technology:

Investing in 5G stocks can be a good long-term investing strategy. The 5G industry is expected to peak soon, with many smartphones, apps, smart devices, and laptops entering the market. 5G plays a crucial role in the growth of AI too, as the latter will largely depend on wireless connectivity. 2022 can be a great time for 5G as several Indian cities such as Bangalore, Chandigarh, Hyderabad, Chennai, Delhi, Mumbai, Pune, and Kolkata are expected to get the technology. However, the 5G technology sector may suffer some volatility in the present, so it is advisable to pick such stocks only after a thorough evaluation. Bharti Network, TechMahindra, etc., can be some options to consider.

• Electric Vehicles:

In 2021, the Government of India set up the National Electric Mobility Mission Plan (NEMMP) to promote Electric Vehicles (EVs). Such vehicles are the need of the hour, in light of the pollution caused by fossil-fuel automobiles. EVs present a sustainable substitute and can help solve the climate crisis to a great extent. Tesla may be the best example to see the potential of this sector. There are several other dominant players in the Indian EV market, such as Tata Motors, Hero Motocorp, TVS, and even OLA. Hero Motocorp is also a manufacturer of EV batteries. It appears to be a good time to invest in this sector. 

Also Read: Top Five Gaming Stocks

• Digitalisation:

With internet users in India growing by leaps and bounds, information technology and the dream of a digital India present an excellent opportunity for investors. Digitalisation is changing the way our country functions; it can introduce various new and profitable economic avenues. The government’s Digital India initiative aims to make the country a $5 trillion economy by 2025. The pandemic only served to highlight the need and relevance of a fully digital India. This can be a good time to invest in this sector if you are looking for common stocks and uncommon profits. You can consider stocks like IRCTC, Jio, Infoedge, etc. 

Also Read: The Indian stock market: What are the new changes expected in the future?
Last words

When investing in futures and shares, it is essential to be up to date and make the most of changing market situations. The correct share advice can make all the difference. The up-and-coming sectors listed above are revolutionising the world. So, do your research and invest in them at the right time. 

Disclaimer: This article is intended for general information purposes only and should not be construed as investment or tax or legal advice. You should separately obtain independent advice when making decisions in these areas.