Top analysts at Bloomberg Intelligence identified the most promising stocks to track in 2022. Amid the NFT and play-to-earn frenzies, it is unsurprising that crypto-friendly companies are on the list.
Bloomberg highlights Robinhood, Roblox, SoFi: Fintech and metaverses on fire
The Bloomberg Intelligence team released its annual 50 Company Stocks to Watch in 2022 list for The Year Ahead issue of Bloomberg Newsweek.
These are the 50 companies to watch in 2022 https://t.co/PQQGHFynYb via @BW— Bloomberg (@business) January 24, 2022
Analysts numbered the most influential catalysts for global business, such as electric vehicles, clean energy revolution, China's regulatory crackdowns and Metaverse opportunities.
Multiple crypto-friendly and Web3-centric services booked their spots in the top league. Valued at $16 billion, the U.S.-based fintech heavyweight Robinhood is one of them, despite regulatory attacks after the meme coin euphoria.
Metaverse giant Roblox, which addresses immersive 3D models for almost everything, is another Web3 representative on this list. The analysts listed it due to the impressive prospects for the growth of the Metaverse segment.
Who else is ranked in Bloomberg's Top 50?
SoFi, a decacorn neobank (fully online bank with zero offices) that supports Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), Cardano (ADA) and 24 more cryptocurrencies is yet another crypto supporter on the list.
Also, blockchain-friendly tech mogul Tencent was added to the list as its metaverse ambitions are taking shape. The $500 billion-valued company are among the main investors in Roblox and Epic Games.
Just like Robinhood, Tencent holds its place in spite of Beijing's anti-crypto witch hunt.