Analysts’ top picks for 2022 🤩
Tuesday, 14th December 2021 by Gotrade
2022 is right around the corner and analysts have been hard at work preparing their 2022 top stock picks.
Let’s take a look at some of the stocks on their list:
😍 Amazon (AMZN) - Named a stock pick by: Cowen.
Cowen believes that robust growth at AWS & the adv biz will drive Amazon’s growth. Cowen raised Amazon’s price target to $4,500.
😍 Apple (AAPL) - Named a stock pick by: JP Morgan.
JP Morgan raised its price target on Apple from $180 to $210, and believes there is further upside to iPhone sales.
🤩 Qualcomm (QCOM): Named a stock pick by: JP Morgan.
JP Morgan sees a “diversification-led re-rating.”
🤩 Boeing (BA) - Named a stock pick by: Goldman Sachs.
Goldman believes that Boeing will stand to benefit from air travel recovery.
🤩 Lennar (LEN) - Named a stock pick by: Goldman Sachs.
Goldman believes that Lennar will enjoy further upside across our homebuilding & building products.
🤩 Airbnb (ABNB) - Named a stock pick by: Cowen.
Cowen thinks that Airbnb will benefit when travel rebounds.
🤩 Ralph Lauren (RL) - Named a stock pick by: Cowen.
Cowen thinks that Ralph Lauren’s brand momentum is “underappreciated.”
🤩 General Electric (GE): Named a stock pick by: Goldman Sachs.
Goldman is bullish on General Electric splitting up its company into 3.
🤩 John Deere (DE) - Named a stock pick by: Goldman Sachs.
Goldman sees momentum for Deere’s Precision Ag next year.
You’re welcome! 😉
📈 The 5 stocks moving the markets 👀
The stock market has been hitting record highs despite concerns about inflation and the Omicron variant. According to a research report from Goldman Sachs (GS), there are 5 companies that have contributed to 51% of the S&P 500 returns since April! These 5 stocks account for more than a third of the index's rise since the start of this year. Woah!
The 5 superstar stocks are:
Microsoft (MSFT) - Shares closed at $339.40, up 55.91% year-to-date.
Apple (AAPL) - Shares closed at $175.74, up 35.80% year-to-date.
Nvidia (NVDA) - Shares closed at $281.61, up 114.74% year-to-date.
Tesla (TSLA) - Shares closed at $966.41, up 32.43% year-to-date.
Google (GOOG) - Shares closed at $2,934.09 up 69.77% year-to-date.
📈 Roundup of what’s going on with Moderna, Pfizer & Merck 💉
There seems to be a lot going on with pharma and vaccine stocks at the moment. Here’s a quick roundup of what’s going on with them.
Pfizer (PFE) - Pfizer wants to buy Arena Pharmaceuticals $6.7 billion.
Moderna (MRNA) - Moderna will be setting up a manufacturing plant in Victoria which will allow them to manufacture millions of doses of vaccines in Australia.
Merck (MRK) - The US FDA has put the brakes on Merck’s HIV treatment.
Shares of Pfizer, Moderna & Merck closed +49.96%, +143.33% and -4.90% respectively year-to-date.
Top movers & shakers 🎢
What else is making headline news 📰
China’s Weibo (WB) shares tumble 9% after regulator slaps fine on social media giant’s operator.
Harley Davidson’s (HOG) electric motorcycle division to go public via $1.7 billion SPAC deal.
Grab (GRAB) settles with ex-staffers in Vietnam as shares drop.
McDonalds (MCD) to hire 12,000 people, open 200 restaurants in Italy by 2025, exec says.
Here are the 10 U.S.-listed Chinese stocks with the greatest American ownership — and Alibaba’s (BABA) not one of them.
Meme stocks AMC (AMC) and GameStop (GME) tumble to lowest levels in months as investors dump risky positions.
‘Land of the lawless’: UK politicians urge government to enforce stricter rules on Big Tech.
Popular companies releasing earnings this week 💰
Tuesday: BHP (BHP)
Wednesday: Lennar (LEN), Trip.com (TCOM)
Thursday: Rivian (RIVN), FedEx (FDX), Adobe (ADBE), Accenture (ACN), Expensify (EXFY), Cronos Group (CRON)
Friday: Darden Restaurants (DRI)
A company’s market value may fluctuate considerably around the time that the earnings report is expected to be published. Stock prices may rise or fall according to analysts' speculative estimates, released prior to the actual earnings announcement.
The earnings season can be a time of great opportunity since better-than-expected figures could cause a company’s stock to greatly increase in value. Worse-than-expected results could have the opposite effect.
That’s all from us for now.
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The legal stuff 🤓
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