4 of the best stocks to buy today

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With stock market volatility at high levels and the value of the pound falling against the dollar, what are the best stocks to buy today? I’m looking at four ideas for my own portfolio.

Move right

Move right (LSE:RMV) is a stock that is firmly on my radar right now. The stock has been expensive for some time, but its price has fallen significantly since the start of the year.

As a result, the stock has reached a level where it is my main stock to buy for my portfolio today. I am looking to add to my investment in Rightmove shares at today’s prices.

The company faces very obvious headwinds. Rising interest rates mean more expensive mortgages and this will likely reduce the number of listings on the company’s platform.

However, I expect the housing market to recover. And when it does, I think Rightmove’s margins and cash generation mean it will be a great business to have in my portfolio.

netflix

Not so long ago netflix shares traded at a price that puts it far beyond anything I would consider. But shares are down nearly 62% year-to-date.

The company has lost subscribers in its main North American markets and there is a risk that this will continue. But at today’s prices, I would buy the stock.

Despite the loss of subscribers, Netflix remains the main player in the streaming market. And I expect that to be significant in the future.

The introduction of its new ad-supported tier is expected to help boost both revenue and profit. This is why this is a top stock for me to buy today.

Experian

A second FTSE100 the stock I would buy right now is Experian. I think the business is one of the hardest businesses to disrupt in the UK.

This is another stock that is significantly cheaper than it once was. Shares of Experian are down 26% since early January.

Demand for Experian’s services has been high recently as low interest rates have fueled demand for loans. But as interest rates rise, there is a risk that Experian’s earnings will falter.

As with Rightmove, I think the slowdown the market is anticipating will be temporary. And with plenty of time to invest, I’m looking to buy stocks today.

Berkshire Hathaway

Finally, I believe this might be a good time to add to my investment in Berkshire Hathaway. Higher interest rates could, I think, really suit Warren Buffett’s business.

Unlike the others, Berkshire Hathaway’s stock hasn’t fallen much. The title is only down 11% this year.

I have been a shareholder of Berkshire for some time now. And I think the company has patiently waited for moments like these.

Berkshire has about $70 billion to deploy. And I think higher interest rates and tougher economic conditions are likely to create investment opportunities.

Stocks to buy today

I don’t know if these stocks will go up or down in the near future. But I would buy them today because I think the underlying companies have good future prospects.

The post 4 of the best stocks to buy today appeared first on The Motley Fool UK.

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Stephen Wright holds positions in Berkshire Hathaway (B shares), Experian and Rightmove. The Motley Fool UK recommended Experian and Rightmove. The opinions expressed on the companies mentioned in this article are those of the author and may therefore differ from the official recommendations we give in our subscription services such as Share Advisor, Hidden Winners and Pro. At The Motley Fool, we believe that considering a wide range of information makes us better investors.

Motley Fool United Kingdom 2022

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