Top ASX Stocks to Buy | A Brief Guide for 2022

Investing in the best ASX stocks can help you increase your wealth. But for that, you would have to choose top ASX stocks that have the highest potential for generating returns. Although nothing can ensure profitable returns, there are a few factors that can help you choose top ASX stocks, such as the financial stability of the company, etc.

Today, we are listing top ASX stocks to buy that you might want to consider.

Note: Any research published does not take timing into consideration. We may publish research for a stock that we believe is of good quality but not necessarily trading at a discount or at a technical level for a high probability entry.

So, let’s not wait any longer and dive right into it.

Top ASX Stocks to Buy

Iluka Resources (ASX:ILU)

Iluka Resources (ASX:ILU) is a mineral sand producing company. The company's main assets are based in Australia, namely, Cataby, Jacinth Ambrosia, Eneabba, and Sierra Leone, South Africa. This company has great growth potential because of its core product, which is mineral sands. Since it can withstand high temperatures, it has heavy usage in high-temperature applications like refractories, pigment manufacturing, and ceramics.


It also has an upcoming integrated rare earth processing plant, which is vital for high-performance magnets and other components of an array of electric products, including cars, turbines, and batteries.

Johns Lyng Group (ASX:JLG)

It is a construction and repair services company with contract insurance services and commercial real estate as its focal points. The company grew tremendously during Australia’s real estate boom and is still the star of the industry in the strata (collective management of property by individual owners) services space.

The smart and efficient business model of this company makes it stand out from other companies on the market. What puts the stock of this company in a special position is its focus on post-catastrophe services, which is a rapidly flourishing area due to the effects of climate change.

Although the stock is almost flat YTD because of the latest disturbance in the global market due to turmoil, it is still a slight outperformer compared to the ASX200.

Coronado Global Resources (ASX:CRN)

It is one of the world's largest coal-producing companies and mainly serves the steel market. The firm has benefited greatly from the stock market's shift away from high-growth technology and into defensive value, as well as recent commodity price inflation. The company has a solid fundamental and economic base due to which it has been able to capitalise greatly on cyclical opportunities and become a highly profitable name in the market.

At the end

These are some good ASX stocks to buy in 2022. If you are still not sure about your decision, it would be best to get in touch with an investment expert to get professional advice. You can visit the website of MF & Co. Asset Management which is one of the top leading boutique investment firms offering equity capital markets and derivative general advice and trade execution services.

Location: 2 Chifley Square, Sydney NSW 2000, Australia

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