Table of contents
1. Amazon (NASDAQ: AMZN)
Amazon is a retail giant that started as a bookseller and grew to become an online marketplace for buying and selling various goods. With entrance into the new era under the leadership of Andy Jassy, traders are optimistic that this new leadership will bring about positive changes to the company. Moreover, since many customers have also seen the benefits of online shopping, Amazon has a great potential of performing well in 2022.
2. Walmart (NYSE: WMT)
Walmart is the biggest retail company in the US known to offer low prices on goods purchased. It has various branches across different states and strives to maintain a solid online presence. Its e-commerce sector boomed during the pandemic, and 2022 also looks promising for Walmart. The company was founded in 1962 and is currently under the leadership of Doug McMillon.
3. GameStop (NYSE: GME)
Gamestop is a US-based video game retailer that also witnessed a spike in its shares in 2021, especially after Reddit’s WallStreetBets users purchased some of its stocks. Its global presence as an electronics and gaming retailer puts it in the limelight for traders looking for companies with profit potential. Undoubtedly, its performance since its current CEO Matt Furlong took over in 2021 has been impressive, and traders are optimistic about what the future will bring.
4. Alibaba (NYSE: BABA)
Alibaba is a Chinese online retailer that has attracted customers from diverse regions globally. The company allows individuals and small enterprises to buy goods from its website — a unique business model that most e-commerce companies don’t have. As a result, many goods are shipped to millions of customers globally. Although the company’s share price fluctuates, traders must learn to identify the best entry points. In this case, Alibaba strives to expand its user base and remain one of the best e-commerce companies globally.
5. Lululemon (NASDAQ: LULU)
This Canadian multinational athletic clothing company has seen good gains throughout the years. Although the company witnessed a reduction in revenue in 2020, its ability to offer consumers comfortable clothing for exercising made it quickly bounce back. With many businesses resorting to working remotely, the company remains strong as the demand for athletic clothing increases due to more work flexibility.
Summary
The retail industry is enormous, and making the best trading decisions starts with an excellent retail company choice. Furthermore, you need to trade using a reliable broker with access to the various exchanges that list the companies you plan to trade. If you are a CFD trader, find a broker that supports this trading method. This guide spent over 200 hours of research on the best CFD brokers in the UK to help you trade top retail companies for 2022. All in all, ensure the best broker is regulated by the Financial Conduct Authority (FCA) and has features that match your trading requirements.
